The Hodrick-Prescott filter is a popular tool in macroeconomics for decomposing a time series into a smooth trend and a … regulations and policy changes generally lead to similar behaviours. Thus, those events should be absorbed by the trend component … of the trend-cycle decomposition, but the Hodrick-Prescott filter does not allow for jumps. We propose a modification of …

common-pool resources, and rotation procedures in fair division problems. We study rotation programs via the implementation … between two consecutive states. We provide characterizing conditions for the implementation in rotation programs and show that …, for multi-valued rules, our notion of rotation monotonicity is necessary and sufficient for implementation. Finally, we …

performance. It is proposed that the local implementation of these general standards from outside the organization will likely … lead to a variety of firm-specific implementation trajectories, ultimately leading to different levels of VSS … implementation extensiveness across firms. This variety that is not sufficiently addressed in extant research, is researched in the …

.e., projects started but not yet completed) in the context of sewerage in Peru. Using a counterfactual implementation predicted …. Failing to take the implementation phase into account could severely bias the welfare evaluation of infrastructure. …