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Do women expect wage cuts for part-time work?

Schrenker, Annekatrin - 2022

I quantify the perceived changes in hourly wage rates associated with working different hours on the same job for a representative sample of female workers. While part-time working women expect significant hourly wage gains from switching to full-time work - 7% on average - full-time workers...

Persistent link: https://www.econbiz.de/10013461177

The importance of global shocks for national policymakers : rising challenges for central banks

Belke, Ansgar; Rees, Andreas - 2009

We analyze the importance of global shocks for the global economy and national policy makers. More specifically, we investigate whether monetary policy has become less effective in the wake of financial globalization. We also examine whether there is increasing uncertainty for central banks due...

Persistent link: https://www.econbiz.de/10003879570

Do leading indicators help to predict business cycle turning points in Germany?

Fritsche, Ulrich; Kouzine, Vladimir - 2002

Using a binary reference series based on the dating procedure of Artis, Kontolemis and Osborn (1997) different procedures for predicting turning points of the German business cycles were tested. Specifically, a probit model as proposed by Estrella and Mishkin (1997) as well as Markov-switching...

Persistent link: https://www.econbiz.de/10011437017

Trends and cycles in macro series : the case of US real GDP

Caporale, Guglielmo Maria; Gil-Alaña, Luis A. - 2017

In this paper we propose a new modelling framework for the analysis of macro series that includes both stochastic trends and stochastic cycles in addition to deterministic terms such as linear and non-linear trends. We examine four US macro series, namely annual and quarterly real GDP and GDP...

Persistent link: https://www.econbiz.de/10011746636

Technology adoption in critical mass games : theory and experimental evidence

Keser, Claudia; Suleymanova, Irina; Wey, Christian - 2009

We analyze the choices between two technologies A and B that both exhibit network effects. We introduce a critical mass game in which coordination on either one of the standards constitutes a Nash equilibrium outcome while coordination on standard B is assumed to be payoff-dominant. We present a...

Persistent link: https://www.econbiz.de/10003915870

Beliefs and actions in the trust game : creating instrumental variables to estimate the causal effect

Costa-Gomes, Miguel A.; Huck, Steffen; Weizsäcker, Georg - 2010

In many economic contexts, an elusive variable of interest is the agent's expectation about relevant events, e.g. about other agents' behavior. Recent experimental studies as well as surveys have asked participants to state their beliefs explicitly, but little is known about the causal relation...

Persistent link: https://www.econbiz.de/10003930945

Conflict experiences and household expectations on recovery : survey evidence from northern Uganda

Bozzoli, Carlos; Brück, Tilman; Muhumuza, Tony - 2010

We analyse the role of mass violent conflict in influencing individual expectations. We hypothesise that individuals … are likely to report negative expectations if they were exposed to conflict events in the past. We combine individual and … association between conflict and expectations. Results indicate that conflict intensity is correlated with a decrease in the …

Persistent link: https://www.econbiz.de/10009267846

Perceptions, expectations, and entrepreneurship : the role of extreme events

Brück, Tilman; Llussá, Fernanda; Tavares, José - 2010

them, to create growth from the ruins of extreme events. -- Perceptions ; expectations ; entrepreneurship ; extreme events …

Persistent link: https://www.econbiz.de/10009304374

Modelling a market stability reserve in carbon markets

Schopp, Anne; Acworth, William; Huppman, Daniel; … - 2015

We examine under which conditions a cap-and-trade mechanism can deliver a dynamically efficient abatement pathway and contribute to a robust investment framework. For this we develop a numerical dynamic partial-equilibrium model that includes differentiated objective functions of different...

Persistent link: https://www.econbiz.de/10010519818

The role of hedging in carbon markets

Schopp, Anne; Neuhoff, Karsten - 2013

, we model their aggregate hedging demand in response to changes in expectations of future fuel, carbon and power prices …

Persistent link: https://www.econbiz.de/10009722295

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