Showing 1 - 10 of 161
The 2003 Energy review,contains information about the 2003 energy situation of each of our member countries, regional data, as well as economic and social indicators corrected and extended through historical series. It presents and innovative structure for analysis that allows the reader to...
Persistent link: https://www.econbiz.de/10005118923
Inflation targeting is a regime based to a great extent on communication and, more specifically, on using and … future inflation assessments on three distinct levels: construction, decision making and communication. One of the most …
Persistent link: https://www.econbiz.de/10005561292
This study presents a framework for extracting long-run GDP growth and inflation expectations from financial market data on a real-time basis. The framework uses information from both stock and bond markets. It builds on a dividend discount model of stock valuation and on a linearized...
Persistent link: https://www.econbiz.de/10005126246
This paper examines the long-run effects of supply shocks (such as oil shocks) on inflation in the United States. The persistence of supply shocks in U.S. inflation fell considerably during the period of Volcker’s disinflation (1979-1982). My empirical results suggest that the difference...
Persistent link: https://www.econbiz.de/10005561182
In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...
Persistent link: https://www.econbiz.de/10005126447
Radio technology is the key to rapid broadband development that reaches even geographically remote areas of the world. To get needed, radical changes in radio regulation, much more attention should be directed toward central issues of constitutional law. Historical experience and centuries of...
Persistent link: https://www.econbiz.de/10005126024
We ask whether communication can directly substitute for memory in dynastic repeated games in which short lived … by means of communication. When communication is costless and messages are sent simultaneously, communication mechanisms … or protocols exist that sustain the same set of equilibrium payoffs as in the standard repeated game. When communication …
Persistent link: https://www.econbiz.de/10005407603
communicate research findings. In particular, the IIF tries to foster communication among researchers, between researchers and …
Persistent link: https://www.econbiz.de/10005408131
communication across a large population. The observed preference for personalization over the past two centuries and the importance … of action and personal relationships to effective communication are aspects of information economies that are likely to …
Persistent link: https://www.econbiz.de/10005408385
This paper studies the role of memory and communication in games between ongoing organizations. In each organization … the past can be communicated by one generation to the next through ``cheap talk" communication. With costly communication …
Persistent link: https://www.econbiz.de/10005550938