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Giammarioli, Nicola - 2003

This paper investigates a dynamic general equilibrium model with search. In particular, search externalities are reßected by an increasing returns to scale matching function, which may imply an indeterminate equilibrium. Hence, the model is capable to generate business ßuctuations, driven by...

Persistent link: https://www.econbiz.de/10009635902

Further study on the affordability of alcoholic beverages in the EU ; A focus on excise duty pass-through, on- and off-trade sales, price promotions and pricing regulations LILA

Rabinovich, Lila (contributor); Hunt, Priscillia (contributor) - Directorate General for Health & Consumers; RAND Europe - 2012

Persistent link: https://www.econbiz.de/10009641224

The affordability of alcoholic beverages in the European Union ; Understanding the link between alcohol affordability, consumption and harms ; Technical report

Rabinovich, Lila (contributor); … - Directorate General for Health & Consumers; RAND Europe - 2009

Persistent link: https://www.econbiz.de/10009641225

Study on price transmission in the sugar sector

Maurizio Aragrande; Enrica Gentile; Mauro Bruni - Areté srl - 2012

assess the influence of the 2006 reform of the EU sugar regime on price transmission in the sugar sector. The investigations … to be carried out had to focus on the different types of transmission of price changes, studying the reasons for any … uneven or asymmetric price transmission between sugar producers and final consumers, and taking into account the intermediate …

Persistent link: https://www.econbiz.de/10011439219

Information acquisition and decision making in committees

Gerling, Kerstin; Grüner, Hans Peter; Kiel, Alexandra; … - 2003

This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...

Persistent link: https://www.econbiz.de/10009635876

Government deficits, wealth effects and the price level in an optimizing model

Annicchiarico, Barbara - 2003

. Simulation results show that government defcits, high debt level and slow fiscal adjustment adversely affect price stability in … policy affects the dynamics of the price level presents monetarist properties, since the price level is determined in the … monetary market. The effects produced by fiscal expansions on price dynamics are due to the behavior of consumers, facing a …

Persistent link: https://www.econbiz.de/10009635879

Implementing optimal control in cointegrated I(1) structural VAR models

Monti, Francesca V. - 2003

This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...

Persistent link: https://www.econbiz.de/10009635883

Monetary and fiscal interactions in open economies

Lombardo, Giovanni; Sutherland, Alan - 2003

A two-country sticky-price model is used to analyse the interactions between fiscal and monetary policy. The role of an …

Persistent link: https://www.econbiz.de/10009635884

Inflation persistence and robust monetary policy design

Coenen, Günter - 2003

This paper investigates the performance of optimised interest rate rules when there is uncertainty about a key determinant of the monetary transmission mechanism, namely the degree of persistence characterising the inﬂation process. The paper focuses on the euro area and utilises two variants of...

Persistent link: https://www.econbiz.de/10009635885

Inflation, factor substitution and growth

Klump, Rainer - 2003

already under relatively modest rates. Most contributions to monetary growth theory, however, have difficulties in explaining …

Persistent link: https://www.econbiz.de/10009635886