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Financial returns to collecting rare political economy books
Ursprung, Heinrich W. - 2021
Rare books of political economy are eminently collectable. Using historical prices, I employ hedonic regressions to estimate financial returns to collecting the works of ten eminent political economists and develop a price index for this corpus of collectables. For the observation period...
Persistent link: https://www.econbiz.de/10012437910
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Contract enforcement and institutions among the Maghribi traders : refuting Edwards and Ogilvie
Greif, Avner (contributor) - 2008
Edwards and Ogilvie (2008) dispute the empirical basis for the view (Greif, e.g., 1989, 1994, 2006) that multilateral reputation mechanism mitigated agency problems among the eleventh-century Maghribi traders. They assert that the relations among merchants and agents were law-based. This paper...
Persistent link: https://www.econbiz.de/10003730316
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Contract enforcement, institutions and social capital : the Maghribi traders reappraised
Edwards, Jeremy S. S. (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003662786
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Have macroeconomic models lost their connection with economic reality?
Veen, Tom van - 2020
Macroeconomic theory has developed into increasingly sophisticated mathematical models. In the words of Mankiw … the development of macroeconomic theory over the past 40 years. The focus is on the main lines of thinking and the story … changes in macroeconomic theory and that the current debates after the GFC will be the start of a more plural approach to …
Persistent link: https://www.econbiz.de/10012211109
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The scope of cooperation : values and incentives
Tabellini, Guido Enrico (contributor) - 2008
Persistent link: https://www.econbiz.de/10003641773
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Awards in economics : towards a new field of inquiry
Frey, Bruno S.; Neckermann, Susanne - 2009
. First steps towards integrating awards into economic theory are undertaken. -- Awards ; non-monetary incentives ; economics …
Persistent link: https://www.econbiz.de/10003806044
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What can economists learn from happiness research?
Frey, Bruno S.; Stutzer, Alois - 2001
some of the consequences for economic policy and for economic theory. …
Persistent link: https://www.econbiz.de/10011398921
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Strategic campaigns and redistributive politics
Schultz, Christian - 2003
The paper investigates strategic campaigning in a model of redistributive politics in a society with many groups and two parties. Campaigns are informative, and parties can target campaigns to different groups. Voters are uncertain about whether parties fabor special groups. The parties will...
Persistent link: https://www.econbiz.de/10011514172
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On the political economy of environmental policy
Kirchgässner, Gebhard; Schneider, Friedrich - 2002 - Second revised version: May 2002
In the past there was hardly any use of economic instruments in environmental policy, mainly command and control measures were used. More recently, ecological taxes as well as tradable permits became more popular and voluntary agreements have been implemented. Using the Public Choice approach we...
Persistent link: https://www.econbiz.de/10009384489
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Optimal asset allocation with factor models for large portfolios
Pesaran, M. Hashem (contributor);  … - 2008
This paper characterizes the asymptotic behaviour, as the number of assets gets arbitrarily large, of the portfolio weights for the class of tangency portfolios belonging to the Markowitz paradigm. It is assumed that the joint distribution of asset returns is characterized by a general factor...
Persistent link: https://www.econbiz.de/10003720566