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The Great Depression and the Friedman-Schwartz hypothesis

Christiano, Lawrence; Motto, Roberto; Rostagno, Massimo - 2004

We evaluate the Friedman-Schwartz hypothesis that a more accommodative monetary policy could have greatly reduced the severity of the Great Depression. To do this, we first estimate a dynamic, general equilibrium model using data from the 1920s and 1930s. Although the model includes eight...

Persistent link: https://www.econbiz.de/10009636549

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

Committees and special interests

Felgenhauer, Mike; Grüner, Hans Peter - 2003

Some committees convene behind closed doors while others publicly discuss issues and make their decisions. This paper studies the role of open and closed committee decision making in presence of external influence. We show that restricting the information of interest groups may reduce the bias...

Persistent link: https://www.econbiz.de/10009635893

Risk sharing through financial markets with endogenous enforcement of trades

Köppl, Thorsten V. - 2004

When people share risk in financial markets, intermediaries provide costly enforcement for most trades and, hence, are an integral part of financial marketsu0092 organization. We assess the degree of risk sharing that can be achieved through financial markets when enforcement is based on the...

Persistent link: https://www.econbiz.de/10009636542

Behavioural economics and taxation

Weber, Till Olaf - European Commission / Directorate General for Taxation …; … - 2014

Persistent link: https://www.econbiz.de/10010343060

Tax compliance social norms and institutional quality : an evlolutionary theory of public good provision

Nicolaides, Panayiotis - 2014

Persistent link: https://www.econbiz.de/10010478775

Evaluation of the European commission's co-operation and partnership with the People's Republic of China : country level evaluation ; final synthesis report

MacKellar, Landis (contributor) - EGEval II; EEIG - 2007

Persistent link: https://www.econbiz.de/10009638720

Working with China on the environment

Europäische Kommission / Generaldirektion Umwelt - 2009

This brochure presents the environmental co-operation of the EU with China by highlighting a number of selected …

Persistent link: https://www.econbiz.de/10009640196

Final report of an audit carried out in China from 18 to 28 June 2013 in order to evaluate the measures taken by China to ensure that wood packaging material exported to the Europe...

Europäische Kommission / Generaldirektion Gesundheit … - 2014

Persistent link: https://www.econbiz.de/10010249551

Reshaping the Chinese growth model – a formidable challenge of the 12th five-year plan

Melander, Annika; Rudolf, Moritz - 2011

Private consumption is a key component in the rebalancing of growth that China is seeking, and a challenging one. Not …. Understanding what drove the consumption share down to a mere 36% of GDP in China is thus vital. This brief explores the many … reasons for the high precautionary savings that followed in the wake of the reform process in China. In particular, the …

Persistent link: https://www.econbiz.de/10011291913