Narrow search
Showing 1 - 10 of 2,172
Cover Image
Fiscal multipliers over the business cycle
Michaillat, Pascal - 2012
Persistent link: https://www.econbiz.de/10009426268
Cover Image
EU regional policy : its theoretical foundations and their policy conclusions revisited
Schmidt, Peter - 2014 - Draft
This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of the line of thought of its prevalent explanation in equilibrium economics which is focusing on market failures as its key underpinning and which is the major toolkit of...
Persistent link: https://www.econbiz.de/10011487099
Cover Image
Expectations formation, sticky prices, and the ZLB
Bersson, Betsy; Hürtgen, Patrick; Paustian, Matthias - 2019
At the zero lower bound (ZLB), expectations about the future path of monetary or fiscal policy are crucial. We model expectations formation under level-k thinking, a form of bounded rationality introduced by García-Schmidt and Woodford (2019) and Farhi and Werning (2017), consistent with...
Persistent link: https://www.econbiz.de/10012101259
Cover Image
Job creation in tight and slack labor markets
Buchheim, Lukas; Watzinger, Martin; Wilhelm, Matthias - 2019
Do investment programs create more jobs in tight or in slack labor markets? We study this question using data from a large, long-term photovoltaic invest scheme in Germany. Comparing counties with high and low unemployment both over time and across space, we find that photovoltaic installations...
Persistent link: https://www.econbiz.de/10012033285
Cover Image
The multiplier effect in two-sided markets with bilateral investments
Dizdar, Deniz; Moldovanu, Benny; Szech, Nora - 2017
properties of the equilibrium investment behavior. The bilateral external benefits induce an investment multiplier effect. This … multiplier effect depends in a complex way on agents' uncertainty about their rank within their own market side and on their … uncertainty about the types and investments of potential partners. We study how the multiplier effect depends on market size and …
Persistent link: https://www.econbiz.de/10011758059
Cover Image
Intrafirm trade and vertical fragmentation in US multinational corporations
Ramondo, Natalia; Rappoport, Veronica; Ruhl, Kim J. - 2015
Persistent link: https://www.econbiz.de/10011410346
Cover Image
Bottlenecks: sectoral imbalances and the US productivity slowdown
Acemoglu, Daron; Autor, David H.; Patterson, Christina - 2023
Persistent link: https://www.econbiz.de/10014318606
Cover Image
Swimming upstream : input-output linkages and the direction of product adoption
Boehm, Johannes; Dhingra, Swati; Morrow, John - 2016
Persistent link: https://www.econbiz.de/10011439045
Cover Image
Using energy and emissions taxation to finance labor tax reductions in a multi-sector economy : an assessment with EMuSe
Hinterlang, Natascha; Martin, Anika; Röhe, Oke; … - 2021
In this paper, we introduce a closed-economy version of the dynamicenvironmental multi-sector general equilibrium modelEMuSeto analyze the effects of financing a labor tax reduction through higher consumption, energy or emissions taxation.We find that, for sufficiently high environmental damage,...
Persistent link: https://www.econbiz.de/10012792725
Cover Image
Internalizing global value chains : a firm-level analysis
Alfaro, Laura; Antràs, Pol; Chor, Davin; Conconi, Paolo - 2017
Persistent link: https://www.econbiz.de/10011877010