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El Intercambio entre Inflacion y Producto: Evidencia Empirica para Venezuela
Victor, Olivo - Volkswirtschaftliche Fakultät, … - 2005
of this model is that the slope of the aggregate supply curve depends on the variability of nominal shocks. This paper … has tended to disappear in the Venezuelan economy, as nominal shocks has increased in size and variability. …
Persistent link: https://www.econbiz.de/10011259960
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Does Black’s Hypothesis for Output Variability Hold for Mexico?
Macri, Joseph; Sinha, Dipendra - Volkswirtschaftliche Fakultät, … - 2007
variability and the growth rate of output. Ng-Perron unit root test shows that the growth rate of GDP is non-stationary but the … number of specifications (with and without a dummy variable) are used. In all cases, the results show that output variability …
Persistent link: https://www.econbiz.de/10005835862
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The effcts of Rate And variability of Inflation on Output Growth Variability: Evidence from selected Countries
Kalbe, Abbas - Volkswirtschaftliche Fakultät, … - 1992
The effects of rate and variability inflation on output growth variability has has been investigated in this paper. The … paper concludes that there exists no significant relationship between inflation rate and/or its variability and output … growth variability in most of the cases. The results more or less remains the same when we introduced the lagged dependent …
Persistent link: https://www.econbiz.de/10005836948
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The value of reliability
Fosgerau, Mogens; Karlström, Anders - Volkswirtschaftliche Fakultät, … - 2007
We derive the value of reliability in the scheduling of an activity of random duration, such as travel under congested conditions. We show that the minimal expected cost is linear in the mean and standard deviation of duration, regardless of the form of the standardized distribution of...
Persistent link: https://www.econbiz.de/10005837545
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Tax-paying for Fun and Profit
Kunstadt, Robert; Maggioni, Ilaria - Volkswirtschaftliche Fakultät, … - 2013
Modern advances give us the ability to re-engineer the taxation system to benefit from computerized automation and the insights of modern psychology. People like to do things that bring a tangible reward. Tax-paying should be made FUN, not a chore. You will want to participate if you perceive a...
Persistent link: https://www.econbiz.de/10011259773
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The Value of Commitment in Auctions with Matching
Lamping, Jennifer - Volkswirtschaftliche Fakultät, … - 2008
In many auctions, a good match between the bidder and seller raises the value of the contract for both parties although information about the quality of the match may be incomplete. This paper examines the case in which the bidder is better informed about the quality of his match with the seller...
Persistent link: https://www.econbiz.de/10008490104
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The Value of Information in Auctions with Default Risk
Lamping, Jennifer - Volkswirtschaftliche Fakultät, … - 2007
After the close of an auction, the winning bidder may find that he is unable to carry out his bid offer. This paper seeks to determine what measures the seller should take to maximize his share of the surplus when bidders are privately informed about their risk of default. Special attention is...
Persistent link: https://www.econbiz.de/10008532158
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Ignorance Is Bliss: Matching in Auctions with an Uninformed Seller
Lamping, Jennifer - Volkswirtschaftliche Fakultät, … - 2008
In many auctions, matching between the bidder and seller raises the value of the contract for both parties. However, information about the quality of the match may be incomplete. We consider the case in which each bidder observes the quality of his match with the seller but the seller does not...
Persistent link: https://www.econbiz.de/10008532170
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Menstrual cycle and competitive bidding
Pearson, Matthew; Schipper, Burkhard C - Volkswirtschaftliche Fakultät, … - 2009
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we collected information on the female participants' menstrual cycles. We find that women bid significantly higher than men in their menstrual and premenstrual phase but do not bid...
Persistent link: https://www.econbiz.de/10004976975
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The Visible Hand: Finger ratio (2D:4D) and competitive behavior
Pearson, Matthew; Schipper, Burkhard C - Volkswirtschaftliche Fakultät, … - 2009
right hand, a measure of prenatal hormone exposure, is correlated with bidding behavior and total profits. 2D:4D has been … bidding or profits. Yet, our study raises an issue of ethnic differences with respect to 2D:4D. …
Persistent link: https://www.econbiz.de/10004976978