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A shared belief in the financial industry is that markets are driven by two types of regimes. Bull markets would be … characterized by high returns and low volatil- ity whereas bear markets would display low returns coupled with high volatility …
Persistent link: https://www.econbiz.de/10011025773
main point in this reearch is the focus that authors put on learning, diffusion, imitation and bouded rationality. Markets …, including consumer-producer relationships and learning; financial markets are also widely studied. …
Persistent link: https://www.econbiz.de/10008794840
, rendering conclusions regarding well-being policy less straightforward. …
Persistent link: https://www.econbiz.de/10010739114
The 2007-2008 food crisis and current food price swings led economists to re-evaluate the potential for policy … policy to lower food price volatility does not depend on the nature of the policy instrument only, but also on the … tradition of public intervention, and by the persistence of highly volatile prices. The consistency of the policy use appears to …
Persistent link: https://www.econbiz.de/10010821035
government is defined as a pair consisting of a winning coalition and a policy supported by this coalition, where a policy … allow the criteria to be of unequal importance to a party. These criteria concern winning coalitions and policy issues …
Persistent link: https://www.econbiz.de/10008789606
The authors have set out an analytical framework of the acceptability of pricing changes in the transport sector. This framework combines the dimensions of economic efficiency (to manage the demand efficiently), territorial equity (guarantee of accessibility), horizontal equity (user-pays...
Persistent link: https://www.econbiz.de/10008790692
Cotton sectors are facing many issues which are quite well reported by online newspapers. Many issues are internal to the running of cotton sectors. They are little related to the international issue of market distortion, pertaining to the "cotton file" of the WTO. A number of issues impeding...
Persistent link: https://www.econbiz.de/10008792007
Keynes' principle of effective demand constitutes a pillar for Post Keynesians theories. But Keynes' presentation remains difficult to interpret, mainly because the aggregate demand function is based on entrepreneurs' expectations. The problem is then to demonstrate how these entrepreneurs...
Persistent link: https://www.econbiz.de/10010750536
The capital market in Böhm-Bawerk's Positive Theory of Capital appears at several places. The last chapter of the book provides the complete exposition of Böhm's view of this market where present goods are exchanged for future goods. Studying this exposition leads to understand that many...
Persistent link: https://www.econbiz.de/10008793665
In the aftermath of the sovereign debt criss, open-market interventions prevailed within the central bank's policy … answers known under the label unconventional monetary policy measures. During interwar period, France was an isolated case …, among the leading countries, by everlastingly rejecting open-market operations in its monetary policy toolset. The present …
Persistent link: https://www.econbiz.de/10010933149