Showing 1 - 10 of 145
Persistent link: https://www.econbiz.de/10013521193
Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded...
Persistent link: https://www.econbiz.de/10012819094
The thesis of Kristina Reimer provides a comprehensive analysis of asymmetric cost behavior (also known as cost stickiness) by discussing its origin and development in the theoretical and empirical research from the 1920s of the past century up until today. Further, using an empirical approach,...
Persistent link: https://www.econbiz.de/10012395868
Demographic trends put a burden on EU pension provision. As the sustainability of pension systems is addressed by current pension reforms, lower benefit levels are projected. In this scenario, households may want to consider supplementing their public pension income. As their own residence is on...
Persistent link: https://www.econbiz.de/10012396063
legitimate. Due to the strong quantitative approach, this thesis contributes not only to the political theory of liberalism and …
Persistent link: https://www.econbiz.de/10012396801
The extensive monetary policy of central banks during the Great Recession has re-newed the interest in the relation between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model approach is used to study the effects of an inflation rate...
Persistent link: https://www.econbiz.de/10012396988
explanation of the process based on bargaining theory. It studies institutional changes as a non-violent bargaining process in … -- Bargaining Theory’s Contribution to Social Science -- Bargaining Game -- An Economic Description of Institution -- The General …
Persistent link: https://www.econbiz.de/10012397144
theory, computational social choice, and fair division. It thus offers an interdisciplinary treatment of collective decision … making from an economic and computational perspective. Part I introduces to algorithmic game theory, focusing on both … noncooperative and cooperative game theory. Part II introduces to computational social choice, focusing on both preference …
Persistent link: https://www.econbiz.de/10012397920
This book treats extensive form game theory in full generality. It provides a framework that does not rely on any …Introduction -- Game Trees -- Pseudotrees and Order Theory -- Extensive Decision Problems -- Extensive Forms …
Persistent link: https://www.econbiz.de/10012398002
This book proposes new methods to value equity and model the Markowitz efficient frontier using Markov switching models and provide new evidence and solutions to capture the persistence observed in stock returns across developed and emerging markets
Persistent link: https://www.econbiz.de/10012053890