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The wage gap and public support for social security

Razin, Asaf; Tsadḳah, Efrayim; Swagel, Phillip - In: The American economic review 92 (2002) 2, pp. 390-395

Persistent link: https://www.econbiz.de/10001706730

Matching for risk-taking : overconfident bankers and government-protected banks

Haufler, Andreas; Kassner, Bernhard - 2024

that have different degrees of overconfidence. The channel through which the matching occurs is the share of bonus payments … to an assortative matching between overconfident managers and banks with a larger bailout probability. We then test the …

Persistent link: https://www.econbiz.de/10015065269

Matching and sorting in a global economy

Grossman, Gene M.; Helpman, Elhanan; Kircher, Philipp - 2013

Persistent link: https://www.econbiz.de/10010206913

Non-linearities in the relation between the exchange rate and its fundamentals

Altavilla, Carlo (contributor); De Grauwe, Paul (contributor) - 2005

This paper investigates the relationship between the euro-dollar exchange rate and its underlying fundamentals. First, we develop a simple theoretical model in which chartists and fundamentalists interact. This model predicts the existence of different regimes, and thus nonlinearities in the...

Persistent link: https://www.econbiz.de/10003202226

The impact of FX central bank intervention in a noise trading framework

Beine, Michel (contributor); De Grauwe, Paul (contributor); … - 2005

In this paper we investigate the effects of central bank interventions (CBI) in a noise trading model with chartists and fundamentalists. We first estimate a model in which chartists extrapolate past returns and fundamentalists forecast a mean reverting dynamics of the exchange rate towards a...

Persistent link: https://www.econbiz.de/10003113337