Similar Search Results

Trust as a key variable of sustainable development and public happiness : a historical and theoretical example regarding the creation of money

Genovese, Nicola; La Spada, Maria Grazia - 2014

This article purports to trace the origin of money on the basis of factors in interpersonal relationships, affecting a … process toward the creation of money started, without any intrinsic value and the presence of any superior authority. In the … paper it is also hypothesized that the creation of money is one of the basic factors in the progress of economic and social …

Persistent link: https://www.econbiz.de/10010238314

Optimal information transmission in organizations : search and congestion

Arenas, Àlex; Cabrales, Antonio; Díaz-Guilera, Albert; … - 2004

We propose a stylized model of a problem-solving organization whose internal communication structure is given by a fixed network. Problems arrive randomly anywhere in this network and must find their way to their respective specialized solvers by relying on local information alone. The...

Persistent link: https://www.econbiz.de/10011603091

Building up social capital in a changing world : a network approach

Vega-Redondo, Fernando - 2003

This paper models the dynamic process through which a large society may succeed in building up its social capital by establishing a stable and dense pattern of interaction among its members. In the model, agents interact according to a collection of infinitely repeated Prisoner's Dilemmas played...

Persistent link: https://www.econbiz.de/10011591665

The trouble with the rouble : monetary reform in the former Soviet Union

Hansson, Ardo Hillar - 1992

Persistent link: https://www.econbiz.de/10000863972

On the Relationship between the Danish Stock and Bond Market in the Medium and Long Term

Olesen, Jan Overgaard; Risager, Ole - 2000

This short paper studies the empirical relationship between realized stock returns and bond yields at the 5- and 10-year investment horizons, respectively. Using annual Danish data since 1927, we find that stock returns and bond yields are closely linked in the medium and long term, as we...

Persistent link: https://www.econbiz.de/10012142227

Dynamic effects of monetary policy shocks on macroeconomic volatility

Mumtaz, Haroon; Theodoridis, Konstantinos - 2015

We use a simple New Keynesian model, with firm specific capital, non-zero steady-state inflation, long-run risks and Epstein-Zin preferences to study the volatility implications of a monetary policy shock. An unexpected increases in the policy rate by 150 basis points causes output and inflation...

Persistent link: https://www.econbiz.de/10011389786

On the mechanics of New-Keynesian models

Rupert, Peter; Šustek, Roman - 2016

We scrutinize the monetary transmission mechanism in New-Keynesian models, focusing on the role of capital, the key ingredient in the transition from the basic framework to DSGE models. The widely held view that monetary policy affects output and inflation in these models through a real interest...

Persistent link: https://www.econbiz.de/10011433135

Monetary policy and liquid government debt

Andolfatto, David; Martin, Fernando M. - 2018

We examine the conduct of monetary policy in a world where the supply of outside money is controlled by the fiscal …

Persistent link: https://www.econbiz.de/10011782908

Monetary reform : the case of Slovenia

Ćetković, Saša; Ćetković, Sven - 1992

Persistent link: https://www.econbiz.de/10000861299

First steps to economic independence in Macedonia

Wyzan, Michael Louis - 1992

Persistent link: https://www.econbiz.de/10000864651

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