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Kreditmultiplikatoren bei unvollkommenen Finanzmärkten
Illing, Gerhard; Lindner, Axel - In: Trend und Zyklus : zyklisches Wachstum aus der Sicht …, (pp. 169-188). 1999
Persistent link: https://www.econbiz.de/10001442521
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Monetary policy inclinations
Gersbach, Hans; Hahn, Volker - 2008
Persistent link: https://www.econbiz.de/10003704648
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Monetary policy inclinations
Gersbach, Hans; Hahn, Volker - In: Journal of money, credit and banking : JMCB 43 (2011) 8, pp. 1707-1717
Persistent link: https://www.econbiz.de/10009388978
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Modeling Two Macro Policy Instruments - Interest Rates and Aggregate Capital Requirements
Gersbach, Hans - 2013
We present a simple neoclassical model to explore how an aggregate bank-capital requirement can be used as a macroeconomic policy tool and how this additional tool interacts with monetary policy. Aggregate bank-capital requirements should be adjusted when the economy is hit by cost-push shocks...
Persistent link: https://www.econbiz.de/10013092337
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Hierarchical trade
Gersbach, Hans; Haller, Hans - 2010
Persistent link: https://www.econbiz.de/10003969492
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Debt contracts and collapse as competition phenomena
Gersbach, Hans; Uhlig, Harald - In: Journal of financial intermediation 15 (2006) 4, pp. 556-574
Persistent link: https://www.econbiz.de/10003395888
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Voice and bargaining power
Gersbach, Hans (contributor); Haller, Hans (contributor) - 2006
We propose a formal concept of the power of voice in the context of a simple model where individuals form groups and trade in competitive markets. Individuals use outside options in two different ways. Actual outside options reflect the possibility to exit or to join other existing groups....
Persistent link: https://www.econbiz.de/10003301090
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The effect of higher re-election hurdles and costs of policy change on political polarization
Gersbach, Hans; Muller, Philippe; Tejada, Oriol - 2016
Persistent link: https://www.econbiz.de/10011524508
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Exit and power in general equilibrium
Gersbach, Hans; Haller, Hans - 2008
We integrate individual power in groups into general equilibrium models. The relationship between group formation, resource allocation, and the power of specific individuals or particular sociological groups is investigated. We introduce, via an illustrative example, three appealing concepts of...
Persistent link: https://www.econbiz.de/10010484493
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A product market theory of worker training
Gersbach, Hans; Schmutzler, Armin - 2004 - revised: February 2004
We develop a product market theory that explains why firms invest in general training of their workers. We consider a … employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …
Persistent link: https://www.econbiz.de/10011402873