I show that in linear rational expectation models, the effect of a monetary tightening can be simulated using contemporaneous and anticipated monetary policy shocks that replicate the forward curves observed during the period of interest, normalized with the forward curve observed in the quarter...

In welfare economics, the theory of second best is inextricably linked to an article by Richard George Lipsey and Kelvin John Lancaster, published in 1956 in the Review of Economic Studies. The publication of this article was encouraged by Harry Gordon Johnson, who was a member of the journal's...

Jelen kutatásban a német bankalapú és az amerikai piacalapú pénzügyi rendszer összehasonlító elemzése kerül bemutatásra. A kutatás során az egyes szempontok vizsgálatához úgynevezett Fuzzy-Set QCA-megközelítést használtam. A kutatás eredményei alapján a német bankalapú...

In the United States and other large economies, women receive less variable pay than men, even within the same firms and job titles. We argue this disparity in pay partly reflects labor market sorting. Since women are less-represented in more variable-pay-intensive jobs, even within occupations,...

By framing development as an emergent property of collective consciousness, this paper provides a fresh epistemological lens to address local and global common challenges, such as inequality, social, cultural, and ecological degradation, and resource management through commoning. The paper...

Purpose - The authors' conclusions are based on mathematical derivations that are supported by computer simulations and three worked examples in applications of economics and finance. Finally, the authors provide a link to a computer program so that researchers can perform the analyses easily....

A XXI. század gyorsan változó világában divattá vált a tevékenységek projektként való szervezése, értelmezése. A klasszikus definíció szerint projekt minden olyan tevékenység, ami egyszeri és megismételhetetlen, egyedi eredményt hoz létre és meghatározott peremfeltételek...

Robustness reproductions and replicability discussions are on the rise in response to concerns about a potential credibility crisis in economics. This paper proposes a protocol to structure reproducibility and replicability assessments, with a focus on robustness. Starting with a computational...

During recent crises in Europe, new heterogeneous protest movements have emerged that are difficult to label and classify. Existing studies suggest that the common denominator of these protesters is primarily the lack of political trust. Therefore, these new protest movements offer favourable...

Cox et al. (2023) investigated the acoustic features of infant-directed speech. They used Bayesian meta-analyses to investigate five acoustic features with data from 88 studies. In the present robustness reproduction, we first check if the reported results are reproducible based on the data and...