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priorities reported by students of economics are different from those reported by students from other fields: Economists …Several recent studies found that the behaviour of economists was less cooperative than the behaviour of non-economists …. Other studies found, however, that economists behaved no differently than other individuals. In this Paper, we study this …
Persistent link: https://www.econbiz.de/10005498194
Economists often play crucial roles in designing and implementing public policies; thus it is of importance to better … understand the values that underlie their decisions. We explore the value hierarchies of economists in four studies: The first … two studies examine whether value differences exist between students of economics and other social sciences students. The …
Persistent link: https://www.econbiz.de/10005504550
We study the determination of Irish inflation between 1926 and 2012. The difference between unemployment and the NAIRU … is a significant determinant of inflation in a simple backward-looking Phillips Curve that incorporates import prices …
Persistent link: https://www.econbiz.de/10011272719
This paper presents a theory of the monetary transmission mechanism in a monetary version of Farmer’s (2009) model in …
Persistent link: https://www.econbiz.de/10008692320
. This finding is important for policy considerations on effective taxation and for financial economics research on the long …
Persistent link: https://www.econbiz.de/10004969127
accurate forecasts. We use the model to study the pass-through of an oil shock and to study the evolution of inflation during …
Persistent link: https://www.econbiz.de/10008468558
The U.S recession of 2007 to 2009 is unique in the post-World-War-II experience by the broad company it kept. Activity contracted around the world, with the advanced countries of the North experiencing declines in spending normally the purview of the developing economies of the South. The last...
Persistent link: https://www.econbiz.de/10008468628
We study economic growth and inflation at different levels of government and external debt. Our analysis is based on … roughly cut in half. Third, there is no apparent contemporaneous link between inflation and public debt levels for the … advanced countries as a group (some countries, such as the United States, have experienced higher inflation when debt/GDP is …
Persistent link: https://www.econbiz.de/10008468655
macroeconomic forecasts. We produce real time out-of-sample forecasts for inflation, the unemployment rate and the interest rate … predictions for the three variables. In particular for inflation the TV-VAR outperforms, in terms of mean square forecast error … also shown to hold over the most recent period in which it has been hard to forecast inflation. …
Persistent link: https://www.econbiz.de/10008472106
plays no role. Trust does play a role but requires a lower bound on efficiency. Stationary inflation must be positive and …
Persistent link: https://www.econbiz.de/10004976784