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More than half of the world's sovereign states are small economies. The majority are in Sub-Saharan Africa and the Caribbean Basin. For small economies, the globalization process involves opportunities, but also important risks because of their vulnerability and lack of diversification. This...
Persistent link: https://www.econbiz.de/10012054281
Preface -- 1 Introduction -- 2 The Theory of Trade Agreements and Economic Integration, Size of Economics, Trade Costs …
Persistent link: https://www.econbiz.de/10014016012
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
This book challenges the common perception that significant regional disparities do not exist in small countries. As small developed countries become increasingly competitive and their economic structures resemble those of the large, a re-assessment of the regional consequences of these changes...
Persistent link: https://www.econbiz.de/10013473831
This book explores the wave of liberalization reforms experienced by OECD network industries. Focusing on the telecommunications sector, the authors analyze the latest data available on liberalization and privatization, and following a political economics approach, they integrate standard...
Persistent link: https://www.econbiz.de/10012398191
hinsichtlich der Implikationen zu Wohlfahrtseffekten einer Handelsliberalisierung -- Empfehlung zur Modellauswahl für relevante … von (Wohlfahrts-)Effekten einer Handelsliberalisierung und zeigt, dass beide Ansätze eine Daseins-Berechtigung besitzen … zu Wohlfahrtseffekten einer Handelsliberalisierung Empfehlung zur Modellauswahl für relevante Fragen und Anwendungsfälle …
Persistent link: https://www.econbiz.de/10014018394
This book presents a new computational approach to solving large-scale Auerbach-Kotlikoff Overlapping Generations (OLG) models in a complementarity format. Unlike with integrated solution methods, the proposed decomposition algorithm allows for the solution of multi-regional and multi-sectoral...
Persistent link: https://www.econbiz.de/10013521155
Economic theory and empirical research confirm that the rising international integration caused an increase in …
Persistent link: https://www.econbiz.de/10014016398
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
This book provides the first comprehensive introduction to multi-agent, multi-choice repetitive games, such as the Kolkata Restaurant Problem and the Minority Game. It explains how the tangible formulations of these games, using stochastic strategies developed by statistical physicists employing...
Persistent link: https://www.econbiz.de/10012397169