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The behaviour of the exchange rate under a floating exchange rate regime for a small open economy with perfect capital … open economies the exchange rate will look quasi-fixed in response to shocks stemming from the international capital …
Persistent link: https://www.econbiz.de/10009635960
Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...
Persistent link: https://www.econbiz.de/10009635970
This paper considers the role of foreign investors in developed-country equity markets. It presents a quantitative model of trading that is built around two new assumptions: (i) both the foreign and domestic investor populations contain investors of different sophistication, and (ii) investor...
Persistent link: https://www.econbiz.de/10009636533
goods and people, pollution, exploitation of all marine resources, etc.), and including tools such as spatial planning and …
Persistent link: https://www.econbiz.de/10009640593
Persistent link: https://www.econbiz.de/10012036349
Persistent link: https://www.econbiz.de/10009637765
This report presents an overall experimental framework for ecosystem capital accounting. It is based on the to … implement simplified ecosystem capital accounts for Europe as a 'fast-track' initiative launched by the European Environment … Accounts with information on the environment and natural capital. …
Persistent link: https://www.econbiz.de/10009676177
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
with capital accumulation, exible prices and wealth effects. The model is calibrated to Euro Area quarterly data …
Persistent link: https://www.econbiz.de/10009635879