Showing 1 - 10 of 11
Recent fiscal policies have aimed to stimulate household spending. In 2008, most households received one-time economic stimulus payments. In 2009, most working households received the Making Work Pay tax credit in the form of reduced withholding; other households, mainly retirees, received...
Persistent link: https://www.econbiz.de/10009640631
Inflation expectations constitute a subject of particular contemporary interest to central banks, especially those pursuing a monetary policy based on a strategy of direct inflation targeting. Macroeconomic theory indicates that the transmission of monetary policy impulses and their impact on...
Persistent link: https://www.econbiz.de/10009635882
In certain market environments, a large investor may benefit from building up a futures position first and trading subsequently in the spot market (Kumar and Seppi, 1992). The present paper identifies a variation of this type of manipulation that might occur in money markets with an interest...
Persistent link: https://www.econbiz.de/10009639459
It is commonly thought that an open economy can accommodate output shocks through either exchange rate or real sector adjustments. We formalise this notion by incorporating labour market rigidities into an “escape clause” model of currency crises. We show that the absence of structural...
Persistent link: https://www.econbiz.de/10009639466
intensive use of information improves understanding, suggesting that the media channel may play an important and constructive …
Persistent link: https://www.econbiz.de/10009640274
realistic assumption of boundedly rational learning where agents are assumed to use only a limited set of information to form … Boundedly Estimated Rationality we show this approach is compatible with the same limited information assumption that was used …
Persistent link: https://www.econbiz.de/10009640692
Persistent link: https://www.econbiz.de/10010343060
Persistent link: https://www.econbiz.de/10009638265
Kosovo (EUOK) in improving the programming and implementation of information and communication (IC) Programmes funded by … 2015-2020 assistance, taking into consideration the lessons learned and the performance of past IPA information and … for the enlargement process. However, a strengthening of the strategic approach to information and communication would be …
Persistent link: https://www.econbiz.de/10011799481
The rapid evolution of information and communications technology (ICT) and associated digital communications over the … to enhance collaboration and information sharing; censorship circumvention technologies allow people to bypass attempts … to monitor and control information and communication flows. However, as well as unleashing tremendous new opportunities …
Persistent link: https://www.econbiz.de/10011902441