Similar Search Results

Optimal Inventory Policies When the Demand Distribution is Not Known

Larson, Erik W. - 2000

This paper analyzes the stochastic inventory control problem when the demand distribution is not known. In contrast to previous Bayesian inventory models, this paper adopts a non-parametric Bayesian approach in which the firm’s prior information is characterized by a Dirichlet process prior....

Persistent link: https://www.econbiz.de/10014400239

On the sources and consequences of oil price shocks : the role of storage

Unalmis, Deren; Unalmis, Ibrahim; Unsal, D. Filiz - 2012

Building on recent work on the role of speculation and inventories in oil markets, we embed a competitive oil storage model within a DSGE model of the U.S. economy. This enables us to formally analyze the impact of a (speculative) storage demand shock and to assess how the effects of various...

Persistent link: https://www.econbiz.de/10009679009

On the Sources and Consequences of Oil Price Shocks : The Role of Storage

Unalmis, Deren - 2012

Persistent link: https://www.econbiz.de/10014395583

An Incentive Approach to Identifying Financial System Vulnerabilities

Chai, Jingqing - 2000

This paper underscores the importance of the assessment of incentives of the main agents in a financial system as a key … diagnostic approach for the assessment of incentives. This approach highlights the need for additional research on the …

Persistent link: https://www.econbiz.de/10014400245

Do Tax Rates Encourage Entrepreneurial Activity?

Gordon, Roger H. - 1997

When the top personal tax rates are above the corporate rate, high-income individuals have an incentive to reclassify their earnings as corporate rather than personal income for tax purposes. U.S. tax law at least imposes strict limits on the extent to which employees in publicly traded...

Persistent link: https://www.econbiz.de/10014400644

Externalities. Incentives, and Economic Reforms

International Monetary Fund - 1990

The paper emphasizes the role of institutions and incentives in the presence of externalities. An economy with multiple … effective institutions exist for overcoming coordination failure. External financing may weaken incentives for adjustment over … that strengthen incentives to provide effort. Uncertainty regarding future taxes reduces present effort and the …

Persistent link: https://www.econbiz.de/10014396155

Debt Relief and Adjustment Incentives : A Theoretical Exploration

International Monetary Fund - 1988

The purpose of this paper is to analyze the argument that debt relief would increase the incentive of a debtor country to make an adjustment effort (to invest) and that for this reason creditors may benefit by granting relief. It is shown that there are actually opposing incentive effects of...

Persistent link: https://www.econbiz.de/10014396170

We are all in the same boat : cross-border spillovers of climate risk through international trade and supply chain

Feng, Alan; Li, Haishi - 2021

Are assets in a landlocked country subject to sea-level rise risk? In this paper, we study the cross-border spillovers of physical climate risks through international trade and supply chain linkages. As we base our findings on historical data between 1970 and 2018, we observe that globalization...

Persistent link: https://www.econbiz.de/10012487302

Flying to paradise : the role of airlift in the Caribbean tourism industry

Acevedo, Sebastian; Han, Lu; Hye Sun Kim; Laframboise, … - 2016

This paper studies the role of airlift supply on the tourism sector in the Caribbean. The paper examines the relative importance of U.S.-Caribbean airlift supply factors such as the number of flights, seats, airlines, and departure cities on U.S. tourist arrivals. The possible endogeneity...

Persistent link: https://www.econbiz.de/10011434735

Singapore's export elasticities : a disaggregated look into the role of global value chains and economic complexity

Arbatli, Elif; Hong, Gee Hee - 2016

Singapore is one of the world's most open economies, with the size of its trade reaching about 350 percent of its GDP. With the rise of highly diversified cross-border production networks, Singapore has come to play an integral role in the global supply chain with heavy reliance on foreign...

Persistent link: https://www.econbiz.de/10011445351

1
2
3
4
5
6
7
8
9
10
Next
Last