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This working paper documents an econometric model for detecting turning points in the Danish economy in real time. The model is a mixedfrequency model using both monthly and quarterly data, which can be estimated on an unbalanced panel of data and be updated immediately as data comes through....
Persistent link: https://www.econbiz.de/10012659981
evaluation of logistics effectiveness and efficiency is gaining increased attention. Logistics performance management (PM) is the …
Persistent link: https://www.econbiz.de/10011643801
In modern times, when progress is made through knowledge and knowledge is predominantly produced/used, industrial property rights, their protection and related specialized institutions play a stimulating role. Therefore, this paper presents first the requirements for stimulating scientific and...
Persistent link: https://www.econbiz.de/10010527414
parenting practices related to psychosocial stimulation and harsh discipline to be the primary mechanisms through which wasting … improvements in parenting practices related to stimulation and harsh discipline. …
Persistent link: https://www.econbiz.de/10012497955
and Luhmann primarily address the mirror-inverted problems and dangers of a lifeworld colonialization of the system. …
Persistent link: https://www.econbiz.de/10011733786
Ethics leads to the thesis of the banality of bad system results and the banality of good system results. The third step …
Persistent link: https://www.econbiz.de/10011733788
inefficiency. We analyze an exogenous linking mechanism suggested by Jackson and Sonnenschein (2007) as well as repeated … mechanism captures nearly all achievable efficiency gains, whereas repeated interaction leads to significant gains in truthful …
Persistent link: https://www.econbiz.de/10010299751
This paper studies the problem of information revelation in a multi-stage tournament where the agents' effort in each stage gives rise to a stochastic performance signal privately observed by the principal. The principal controls the agents' effort incentive through the use of a feedback policy,...
Persistent link: https://www.econbiz.de/10010332399
receive from an outside source, or mechanism. This allows for more equilibrium outcomes than without such messages (pure … affect the types (correlated equilibrium) or because the players themselves report their types to the mechanism …
Persistent link: https://www.econbiz.de/10010336013
regime's information system, including the Trade Policy Review Mechanism as its latest and most institutionalised form, has … systems in the trade regime. It then conceptualises the functions of an ideal-type information system and inquires whether the … TPRM was at all designed to perform as an effective information system. Finally, the paper investigates developing …
Persistent link: https://www.econbiz.de/10012004281