Narrow search
Showing 1 - 10 of 263
Cover Image
AGENT–BASED KEYNESIAN MACROECONOMICS - An Evolutionary Model Embedded in an Agent–Based Computer Simulation
Oeffner, Marc - 2008
model, which belongs to thefield of monetary theory. Agent-based modeling is an innovative tool thatmade much progress in … other scientific fields like medicine or logistics.In economics this tool is quite new, and in monetary theory to this … Computersimulation, welche im Gebiet der Geldtheorie anzusiedeln ist. Agentenbasierte Computersimulationen sind innovative Werkzeuge, die …
Persistent link: https://www.econbiz.de/10009433699
Cover Image
Imperfect competition in product markets and labor markets, general equilibrium and unemployment
Schniewind, Achim - 2000
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
Cover Image
Money and Production: A Pluralist Analysis
Weir, Diarmid J. G. - 2008
monetary theory of production that integrates the insights of Post-Keynesian monetary theory and the triangular contracts of …
Persistent link: https://www.econbiz.de/10009465939
Cover Image
New Keynesian Perspectives on Monetary Policy and the Business Cycle in Closed Economies and Monetary Unions
Mayer, Eric - 2006
.Der Verfasser stellt dar, dass die neukeynesianische Theorie es möglich macht, mikrofundiert und keynesianisch zugleich zu denken …-247.WOODFORD, MICHAEL (2003), Interest and Prices, Foundations of a Theory of Monetary Policy, Princeton University Press …
Persistent link: https://www.econbiz.de/10009433688
Cover Image
Internationaler Handel und unfreiwillige Arbeitslosigkeit
Hilgers, Bodo - 1999
Trade Theory is analyzed with regard to involuntary unemployment due to the efficiency wage hypothesis. In all kinds of … use of modern duality theory and the concept of virtual prices and virtual quantities which can explain the rational …
Persistent link: https://www.econbiz.de/10009471703
Cover Image
Democracy, Crises, and Misconceptions
Beilharz, Hans-Jörg - 2005
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
Cover Image
Bankruptcy and Transaction Costs in General Financial Models
Hoelle, Matthew - 2010
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
Cover Image
Financial Leverage and the Leverage Effect - A Market and Firm Analysis
Aydemir, A. Cevdet; Gallmeyer, Michael; Hollifield, Burton - 2007
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
Cover Image
Residential Segregation in General Equilibrium
Bayer, Patrick; McMillan, Robert; Rueben, Kim - 2004
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
Cover Image
Partial versus General Equilibrium Calorie and Revenue Effects of a Sugar-Sweetened Beverage Tax
Dharmasena, Senarath; Davis, George C.; Capps, Oral - 2011
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