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...

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...

Ölpreiskanäle in DSGE-Modellen -- Ölpreis, Arbeitslosigkeit und optimale Geldpolitik.-Ölpreisschocks und optimale Geldpolitik in kleinen Volkswirtschaften -- Endogener Ölpreis und Zentralbankkooperation in großen Volkswirtschaften. .

PART I -- Introduction -- 1. Background -- 2. Model Structure and Parameterisation -- 3. AGMEMOD Model -- PART II -- 4. EU Market Outlook -- 5. The CAP Beyond 2013 -- 6. Conclusions and Future Work -- Index

Applying the principles of Optimal Control Theory to the problem of regional allocation of investment can be a useful tool for demonstrating how the trade-off between regional equity and overall efficiency can be overcome. This book poses the following questions: are spatial inequalities harmful...

Introduction -- Regression Discontinuity Design: When Series Interrupt -- Propensity Score Matching: When Units Meet -- Difference-in-Differences: When Time and Space Matter -- A Synthetic Control Approach to Evaluate Local Policies -- Methods for Ex Ante Evaluation.

The Spanish Experiences of Regional Policies -- Spain as a Case-Study: Regional Problems and Policies -- Regional Economy and Policy in Spain (1960-1975) -- The Evolution of Spanish Regional Policy, 1977-2008 -- Regional Growth, Structural Changes and Convergence -- Macroeconomic Effects of the...

1 Introduction -- 2 The Spatial Policy Context of Economic, Agricultural and Environmental Change in Rural Ireland -- 3 A Review of Microsimulation for Policy Analysis -- 4 The SMILE Model: Construction and Calibration -- 5 Validation Issues and the Spatial Pattern of Household Income -- 6 Farm...

This book offers a comprehensive guide to modern day taxation issues. It presents a thorough overview of many of the crucial aspects of applied taxation and current tax systems, and presents evidence that supports taxation as an important policy issue requiring immediate address globally....