Similar Search Results

The role of fiscal policy in inertially inflated Argentina

Arce M., Daniel G. - 1992

of the social conflict theory of inflation and creates cyclical indices of fiscal stance for developing countries …In the second essay a game-theoretic model is presented which formalizes the role of deficits in the conflict theory of … theory of inflation. Estimates are made for a hybrid of the cyclically neutral budget which reflects a macroeconomic target …

Persistent link: https://www.econbiz.de/10009477648

Essays on bankruptcy and the resolution of financial distress

Longhofer, Stanley D. - 1995

That a firm's initial equityholders often emerge from Chapter 11 bankruptcy proceedings with more value than the absolute priority rule (APR) would suggest is now a generally accepted fact. The form in which this value is distributed, however, is less well understood. In particular, why do the...

Persistent link: https://www.econbiz.de/10009477765

Essays on Job Flows Dynamics

Bastos, Fabiano Rodrigues - 2005

Gross job flows dynamics, defined as the behavior of creation and destruction of jobs at the establishment level, has become a topic of great interest in economics during recent years and researchers have resorted to different empirical methodologies in order to tease out its causes and...

Persistent link: https://www.econbiz.de/10009450583

Labor reallocation, Productivity and Output Volatility in Japan

Griffin, Naomi Nakaguchi - 2005

The dissertation offers an analysis of the labor reallocation process in Japan and sheds light on its relationship with productivity and output volatility during the 1990s, the period of sluggish growth. The first chapter provides descriptive statistics of job reallocation rates among relatively...

Persistent link: https://www.econbiz.de/10009450584

Productivity Dispersion, Plant Size, and Market Structure

Bakhtiari, Sasan - 2008

Ample evidence from micro data suggests that productivity at establishment level is dominated by idiosyncratic factors. The productivity differences across establishments are very large and persistent even with the narrowest definition of industries. There is an attempt to identify sources of...

Persistent link: https://www.econbiz.de/10009450905

Three essays on trading information

Chung, Heesoo - 1992

In this thesis, I have examined the models of dynamic competitive behavior on trading information. This information can be seen as a cost reducing manufacturing technique of output. Assume that the value of information is nonincreasing in the number of information holders. For the analysis, two...

Persistent link: https://www.econbiz.de/10009484425

Three essays in microeconomics of public enterprises under asymmetric information and uncertainty

Acharya, Arnab Kumar - 1989

In Chapter 1, we present a model describing the control of a single public enterprise in a less developed country environment, through the imposition of an allocation scheme--consisting of an output target at a particular unit cost--by a central planner. We assume information asymmetry with a...

Persistent link: https://www.econbiz.de/10009484427