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Interactive expectations
Flieth, B; Foster, J - 2002
In modeling expectation formation, economic agents are usually viewed as forming expectations adaptively or in accordance with some rationality postulate. We offer an alternative nonlinear model where agents exchange their opinions and information with each other. Such a model yields multiple...
Persistent link: https://www.econbiz.de/10009447863
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Herd Behavior by Japanese Banks After Financial Deregulation in the 1980s
Nakagawa, Ryuichi; Uchida, Hirofumi - 2007
This paper empirically investigates whether Japanese banks followed herd behavior as a result of financial deregulation in the 1980s, and whether any observed herd behavior brought about inefficiencies that could have caused macroeconomic fluctuations. Using loan-portfolio data, the paper...
Persistent link: https://www.econbiz.de/10009472552
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Herd behavior in voluntary disclosure decisions: An examination of capital expenditure forecasts
Brown, Nerissa Christine - 2005
This study documents behavior consistent with herding in voluntary disclosure decisions and investigates two possible reasons for this phenomenon. Based on theories of social learning and rational herds, herding in disclosure decisions may be due to managers' use of information reflected in the...
Persistent link: https://www.econbiz.de/10009450580
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Economic Forecasting. Experimental Evidence on Individual Biases, Group Cooperation and Herd Behavior
Meub, Lukas - 2014
Persistent link: https://www.econbiz.de/10010434922
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An agent-based stochastic volatility model
Simone Alfarano - 2006
The behavioral origins of the stylized facts of financial returns have been addressed in a growing body of agent-based models of financial markets. While the traditional efficient market viewpoint explains all statistical properties of returns by similar features of the news arrival process, the...
Persistent link: https://www.econbiz.de/10009429011
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Zuwanderungspolitik und die Finanzierung der Sozialsysteme
Bauer, Konrad - 2004
, migration policy sole is not able to solve the fiscal problems of the welfare system. The second part treats the question … on migration policy submitted by the german government using the preceding results. …
Persistent link: https://www.econbiz.de/10009471614
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Rural-to-Urban Migration in Developing Countries : The Applicability of the Harris Todaro Model with a Special Focus on the Chinese Economy
Bahns, Karin Margarethe - 2005
The thesis studies the applicability of the HarrisTodaro model to rural-to-urban migration processes in …
Persistent link: https://www.econbiz.de/10009471828
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Technologie, Lernexternalitäten und Ungleichentwicklung: Einkommenszyklen offener Volkswirtschaften
Andrä, Jan - 2011
Ländern und zwischen den Technologiegenerationen und durch Migration von Arbeit. …
Persistent link: https://www.econbiz.de/10009474402
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Die berufliche Positionierung ausländischer Erwerbspersonen in Bayern
Schutkin, Andreas - 2000
Die Arbeit untersucht den beruflichen Platzierungsprozess in Bayern ansässiger Ausländer. Betrachtet werden Erwerbspersonen italienischer, griechischer, türkischer, jugoslawischer und österreichischer Nationalität. Diskutiert wird die Frage nach den Arbeitsmarktchancen von abhängig...
Persistent link: https://www.econbiz.de/10009450189
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A utility function based approach towards the modeling of migration in village equilibrium models
Kleinwechter, Ulrich - 2010
arising at the level of rural communities. Due to the important role migration plays for livelihoods in developing countries …, the approach has been successfully applied to analyze aspects related to migration and village economies. However, the … depiction of migration in village equilibrium models is not carried out in a way that captures interactions between migration …
Persistent link: https://www.econbiz.de/10009451193