Similar Search Results

Riding the wave: monetary responses to aid surges in low-income countries

Buffie, Edward; Adam, Christopher S.; O'Connell, Stephen; … - 2006

We focus on the management of highly persistent shocks to aid flows, including HIPC or MDG-related increases in net flows, in the presence of currency substitution by the domestic private sector. Such shocks have beneficent long-run effects, but when currency substitution is high they can...

Persistent link: https://www.econbiz.de/10009441501

Currency Substitution and the Demand for Money in Five European Union Countries

Yildirim, Julide - 2003

The high degree of economic integration has led to an increased degree of currency substitution in the EU countries, which could bring instability in national money demand functions while an EU-wide money demand function could be more stable. Currency substitution usually takes the form of cross...

Persistent link: https://www.econbiz.de/10009445695

Reserve Requirements, Currency Substitution, and Seigniorage in the Transition to European Monetary Union

Daniels, Joseph; Van Hoose, David - 1996

This article considers a transition toward European monetary union that combines increased substitution of currencies and greater monetary, financial, and fiscal policy coordination. It explores how such a transition would affect national inflation and interest rates and required reserve ratios...

Persistent link: https://www.econbiz.de/10009484470

Distributing the Benefits from the Commons

Silvestre, Joaquim - 1993

"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...

Persistent link: https://www.econbiz.de/10009468330

Foundations for Cooperation in Social Dilemmas

Ahn, Toh-Kyeong - 2001

"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...

Persistent link: https://www.econbiz.de/10009468335

Appropriation Externalities in the Commons: Theory and Experimental Evidence

Herr, Andrew - 1996

of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader …

Persistent link: https://www.econbiz.de/10009468337

Essays on Individual Behavior in Social Dilemma Environments: An Experimental Analysis

Dudley, Dean - 1993

"In this study, individual level behavior is investigated in the context of computer assisted voluntary contribution mechanism public good (VCM) provision experiments and common pool resource (CPR) appropriation experiments. Previous studies of these environments have concentrated on aggregate...

Persistent link: https://www.econbiz.de/10009468340

Salience and Its Implications for Common-Pool Resource Management in Scotland: A Tragedy of a Different Kind?

Brown, Katrina Myrvang; Slee, Bill - 2002

"In past contributions to CPR theory, the issue of salience/dependence on a resource has been flagged up as a one of a … high. However, cases do exist of CPRs in which this assumption does not hold, and consequently, related theory proves to be … into question the possibility and utility of constructing a coherent CPR meta-theory." …

Persistent link: https://www.econbiz.de/10009468341

Institutional Equilibrium and Equilibrium Institutions

Shepsle, Kenneth A. - 1983

"This theme paper focuses on political institutions and their effects on social choice. Institutions are argued to play a mediating rolebetween the preferences of individuals and social choices. In addition to playing an endogenous role in molding and channeling preferences, institutions...

Persistent link: https://www.econbiz.de/10009468358

Chaos on the Commons: Considering the Implications of Nonequilibrium Theory for Common Property Research

Morgan, Betty - 1995

"The rapidly emerging 'new science' of nonequilibrium systems theory may offer common property researchers and scholars …. Deriving from the dynamical holism of quantum physics, nonequilibrium theory engages the spontaneity, chaos, interrelatedness … paper explores the aspects of nonequilibrium theory which may be instructive in an expanded vision of common property …

Persistent link: https://www.econbiz.de/10009468365

1
2
3
4
5
6
7
8
9
10
Next
Last