Wir analysieren die Vorgehensweise bei der Diskontierung langfristiger Projekte. Unsere Untersuchungen zur reinen … formulation of an adjusted OLG-discounting method (GAD) of consumption units, taking into consideration intra- and …

is the appropriate mix of money and exchange rate targeting in such cases, and the role of temporary sterilization? We … the government’s seigniorage requirement. Our results argue that a managed float, with little or no sterilization of …

sterilization coefficients for two-country flexible and fixed exchange rate regimes. It is found that, in general, incomplete … sterilization is optimal. However, both the origin and the type of macroeconomic shocks the economies experience are important in … determining the appropriate degree of sterilization. We also find that sterilization policies have spill-over effects (strategic …

eventual limit to the process in emerging markets. We find that sterilization is the first measure to deal with these costs …. Then, we turn to study whether diminishing ability to deal with the monetary inflows through sterilization is an effective … limit to the process, Indeed, when the scope for sterilization is reduced, accumulation diminishes. However, this constraint …

,000 relative to conventional discounting. Applying the random walk model to the consequences of climate change, we find that …

adjusted OLG-discounting method of consumption units, taking into consideration intra- and intergenerational aspects. At the …