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Boissay, Frédéric; Cooper, Russell W. - In: American economic journal : a journal of the American … 12 (2020) 1, pp. 41-75

Persistent link: https://www.econbiz.de/10012173911

Fiscal contralization : theory and evidence from the Great Depression

Coen-Pirani, Daniele; Wooley, Michael - In: American economic journal : a journal of the American … 10 (2018) 2, pp. 39-61

Persistent link: https://www.econbiz.de/10011865533

Inferring carbon abatement costs in electricity markets : a revealed preference approach using the shale revolution

Cullen, Joseph; Mansur, Erin - In: American economic journal : a journal of the American … 9 (2017) 3, pp. 106-133

Persistent link: https://www.econbiz.de/10011713567

Measuring the environmental benefits of wind-generated electricity

Cullen, Joseph - In: American economic journal : a journal of the American … 5 (2013) 4, pp. 107-133

Persistent link: https://www.econbiz.de/10010237643

Distributive politics and electoral incentives : evidence from seven US state legislatures

Aidt, Toke; Shvets, Julia - In: American economic journal : a journal of the American … 4 (2012) 3, pp. 1-29

Persistent link: https://www.econbiz.de/10009581263

Reforming the Euro Pragmatically : Towards Sustainable Fiscal Policy and a Revamped Eurosystem

Oksanen, Heikki - 2019

The conflicting standpoints on reforming the euro are creating more controversies than practical results. Mistrust …, reforming the euro successfully calls for a convincing high-level commitment to preserve the euro also in unexpected …

Persistent link: https://www.econbiz.de/10012860367

Sustainability and Solvency of Government Finances Under the Euro : Illustrations and Policy Options

Oksanen, Heikki - 2020

In this paper, sound public finances under the euro means sustainability in the long term instead of short- and medium …-term fiscal discipline. The challenges to sustainability are identified for the four largest euro area member states, and several … resort for a euro area government under liquidity shortage to prevent it from developing into a general financial crisis …

Persistent link: https://www.econbiz.de/10012829317

Distributive politics and electoral incentives: Evidence from seven US state legislatures

Aidt, Toke; Shvets, Julia - 2011

We study the effect of electoral incentives on the allocation of public services across legislative districts. We develop a model in which elections encourage individual legislators to cater to parochial interests and thus aggravate the common pool problem. Using unique data from seven US...

Persistent link: https://www.econbiz.de/10010274967

Learning, structural instability and present value calculations

Pesaran, Mohammad Hashem; Pettenuzzo, Davide; … - 2006

Present value calculations require predictions of cash flows both at near and distant future points in time. Such predictions are generally surrounded by considerable uncertainty and may critically depend on assumptions about parameter values as well as the form and stability of the data...

Persistent link: https://www.econbiz.de/10010276173

Variable selection and inference for multi-period forecasting problems

Pesaran, Mohammad Hashem; Pick, Andreas; Timmermann, Allan - 2009

direct forecasts when estimation error is a first-order concern, i.e. in small samples and for long forecast horizons …

Persistent link: https://www.econbiz.de/10010276226