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not increase any more and demand reduce. It is difficult to forecast the start of the collapse and the length of the cycle … which are important for real estate cycle like inflation, interest and mortgage rate, GDP, investment flows, rent and …
Persistent link: https://www.econbiz.de/10009479145
Muchos autores han concluido que la Gran Recesión representa el fi nal de la Gran Moderación de los años ochenta y noventa. Este trabajo, con un minucioso análisis de los datos, muestra que esto no es cierto. La volatilidad del PIB permanece moderada a pesar del tumulto generado por la Gran...
Persistent link: https://www.econbiz.de/10012530449
constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find … proposition that the economy as a whole is rendered coherent by the existence of a unique and stable equilibrium determined by the …
Persistent link: https://www.econbiz.de/10009465939
analytically the existence of a unique stable equilibrium by solving a linear quadratic differential game for three Regimes …
Persistent link: https://www.econbiz.de/10009475906
conceptual background of the new system design. The new system’s long-term objective is to ensure intergenerational equilibrium …
Persistent link: https://www.econbiz.de/10009477084
Šiame magistro darbe analizuojami valstybės biudžeto pajamų ir išlaidų planavimo bei ekonominio augimo teoriniai aspektai. Pateikiamos klasikinės mokesčių teorijos, jų tipologija, mokestinių pajamų principai, Lietuvos mokesčių sistema. Darbe nagrinėjama valstybės išlaidų esmė,...
Persistent link: https://www.econbiz.de/10009479205
An abundant literature is concerned with the existence of equilibrium in incomplete markets where participation to … convex subsets of the portfolio space. Our contribution to the literature on general equilibrium of financial markets is …
Persistent link: https://www.econbiz.de/10009430939
approximate perfect Bayesian equilibrium for sequential auctions with discrete bids and incomplete information. It also utilizes … provides theoretical results especially the non-existence of pure-strategy symmetric equilibrium in both the symmetric …
Persistent link: https://www.econbiz.de/10009431203
or are far away from the transactions band, a faster adjustment to the long run equilibrium is observed in part due to …
Persistent link: https://www.econbiz.de/10009431303
-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games …
Persistent link: https://www.econbiz.de/10009432546