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equilibrium to achieve a simple, linear model, that only depends on inflation, the output gap, and the interest rate, in the case … inflation dynamics is crucial. Because of the controversial debate on the importance of expectations, the consequences of … central banks should react stronger to changes in inflation and output under uncertainty. Furthermore, it is shown that …
Persistent link: https://www.econbiz.de/10009449715
-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is … devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …
Persistent link: https://www.econbiz.de/10009482289
explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …
Persistent link: https://www.econbiz.de/10009429015
Das bedingungslose Grundeinkommen ist Gegenstand einer stark polarisierten Debatte zwischen ebenso unbedingten Befürwortern wie Gegnern. Das Buch vertritt demgegenüber eine differenzierte These: Demnach entfaltet sich das gesellschaftspolitische Potential des Grundeinkommens als regulativer...
Persistent link: https://www.econbiz.de/10009434600
Die kumulative Dissertation untersucht in 4 Fachartikeln die Effekte von Sportgroßveranstaltungen und großen Stadionprojekten auf die Beschäftigungs- bzw. Einkommenssituation in den jeweils betroffenen Städten. Bei den untersuchten Sportgroßveranstaltungen handelt es sich um die beiden in...
Persistent link: https://www.econbiz.de/10009449665
Persistent link: https://www.econbiz.de/10009449674
The transition process from centrally planned to market economies led to a dramatic fall in GDP accompanied by a tremendous increase in poverty and income inequality in Central and Eastern Europe (CEE). Much of the literature argues that the costs of the transition process were not distributed...
Persistent link: https://www.econbiz.de/10009449678
An evaluation of the existing hydrothermal energy economics related quantitative studies is provided. The objective is to present the similarities and differences in methodology and assumptions, and explain the impact of these differences on the energy price estimates. A brief summary of the...
Persistent link: https://www.econbiz.de/10009436375
A tool is presented to quantify the risks of geothermal projects, the Geothermal Probabilistic Cost Model (GPCM). The GPCM model is used to evaluate a geothermal reservoir for a binary-cycle electric plant at Heber, California. Three institutional aspects of the geothermal risk which can shift...
Persistent link: https://www.econbiz.de/10009436921