Narrow search
Showing 1 - 10 of 8,100
Cover Image
Nudging behaviors in a dynamic common pool renewable resource experiment
Djiguemde, Murielle; Dadakpete, David; Dubois, Dimitri; … - 2024
Persistent link: https://www.econbiz.de/10014529042
Cover Image
Fixed Instruments to Cope With Stock Externalities an Experimental Evaluation
Giordana, Gastón; Willinger, Marc - 2007
We evaluate the effectiveness of non optimal and temporally inconsistent incentive policies for regulating the exploitation of a renewable common-pool resource. The corresponding game is an N-person discrete-time deterministic dynamic game of T periods fixed duration. Three policy instruments...
Persistent link: https://www.econbiz.de/10014049011
Cover Image
Fiscal policy and interest rates in a small open economy
Lindé, Jesper - 2000
, larger budget deficits jspell higher interest rates, as posited by conventional macroeconomic theory. …
Persistent link: https://www.econbiz.de/10010128015
Cover Image
Measuring foreign impact : leading index construction using hierarchical dynamic factor model
Reklaite, Agne - In: Baltic journal of economics 16 (2016) 1, pp. 21-32
In this paper a new method of constructing the leading economic index is presented. Its main advantage is the ability to distinguish domestic and foreign factors influencing the growth of economy and it is performed via dynamic hierarchical factor modelling. An application is carried out with...
Persistent link: https://www.econbiz.de/10011890861
Cover Image
The expectations-driven U.S. current account : conference paper
Hoffmann, Mathias; Krause, Michael; Laubach, Thomas - 2013
Since 1991, survey expectations of long-run output growth for the U.S. relative to the rest of the world exhibit a pattern strikingly similar to that of the U.S. current account, and thus also to global imbalances. We show that this finding can to a large extent be rationalized in a two-region...
Persistent link: https://www.econbiz.de/10010341123
Cover Image
Measuring uncertainty and its effects in a small open economy
Cabello, Miguel; Nivin, Rafael - 2022
In the aftermath of the 2008 Global Financial Crisis (GFC), scholars and policymakers turned their attention to the role of uncertainty in amplifying the effects of economic or financial shocks on economic activity. A growing literature has focused on addressing this question. Most works find...
Persistent link: https://www.econbiz.de/10013540621
Cover Image
A VAR model for monetary policy analysis in a small open economy
Jacobson, Tor; Jansson, Per; Vredin, Anders; Warne, Anders - 1999
for economic analysis. This paper demonstrates how a VAR model with long run restrictions justified by economic theory can …
Persistent link: https://www.econbiz.de/10011584357
Cover Image
The PPP puzzle : what the data tell when allowed to speak freely
Jusélius, Katarina (contributor) - 2007
Persistent link: https://www.econbiz.de/10003603877
Cover Image
The damage from clean floats : from an anti-inflationary monetary policy
Pope, Robin; Selten, Reinhard; Kaiser, Johannes; Kube, … - 2007
rate. The new model is within a broader theory that includes risk effectsnormally excluded, SKAT, the Stages of Knowledge … Ahead Theory. We use SKAT to analyse outliers inour experimental results, and indicate some new directions and foci for … ; IMF ; exchange rate regime ; exchange rate volatility ; experiment ; SKAT the Stages of Knowledge Ahead Theory ; monetary …
Persistent link: https://www.econbiz.de/10003612866
Cover Image
An experimental investigation of wage taxation and unemployment in closed and open economies
Riedl, Arno; Winden, Frans A. A. M. van - 2000
We investigate experimentally the economic effects of wage taxation to finance unemployment benefits for a closed economy and an international economy. The main findings are the following. (i) There is clear evidence of a vicious circle in the dynamic interaction between the wage tax and...
Persistent link: https://www.econbiz.de/10011304623