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In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We have used a general equilibrium model in order to study how reducing mark-ups and increasing productivity in one sector affect aggregate unemployment for an exogenously given...
Persistent link: https://www.econbiz.de/10009476214
historische Hinweise, dass dieVerbreitung von unternehmerischen Eigenschaften und Verhalten in Russland deutlich geringerist als …
Persistent link: https://www.econbiz.de/10009442729
Russia after price liberalisation in 1992. At the same time, the Russian official demographic statistics provides data that …
Persistent link: https://www.econbiz.de/10009449075
Public debate about energy relations between the EU and Russia is distorted. These distortions present considerable … demand. Diverse interests inside the EU prevent the definition of a coherent and respected energy policy. Russia, for its … role of mere energy exporter. In view of the intensifying struggle for global resources, Russia, with its large energy …
Persistent link: https://www.econbiz.de/10009449079
Diese Arbeit beschäftigt sich mit der Integration unfreiwilliger Arbeitslosigkeit in allgemeine Gleichgewichtsmodelle offener Volkswirtschaften. Das Walras oder Arrow-Debreu allgemeine Gleichgewichtskonzept wird im Licht unfreiwilliger Arbeitslosigkeit neu bewertet, und mit dem allgemeinen...
Persistent link: https://www.econbiz.de/10009471703
We consider misconceptions about the functioning of the economy as one possible explanation for the emergence of crises in democracies. Furthermore, we study a political process which may lead to successful reform. First of all, we show that voters can make inefficient decisions concerning...
Persistent link: https://www.econbiz.de/10009476265
General financial models have become workhorse models in the fields of macroeconomics and finance. These models have been developed and extensively studied by general equilibrium theorists. What makes them so applicable for macroeconomics and finance is the well accepted fact that models with a...
Persistent link: https://www.econbiz.de/10009439043
We quantify the effect of financial leverage on stock return volatility in a dynamic general equilibrium economy with debt and equity claims. The effect of financial leverage is studied both at a market and a firm level where the firm is exposed to both idiosyncratic and market risk. In a...
Persistent link: https://www.econbiz.de/10009441057
This paper studies the causes and consequences of racial segregation using a new general equilibrium model that treats neighborhood compositions as endogenous. The model is estimated using unusually detailed restricted Census microdata covering the entire San Francisco Bay Area, and in...
Persistent link: https://www.econbiz.de/10009444158
The current obesity crisis in the United States is generating numerous alternative policy options for combating the problem. One alternative that has been widely proposed is an excise or sales tax on sugar-sweetened non-alcoholic beverages. This literature started out within a very simple...
Persistent link: https://www.econbiz.de/10009444570