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Monetary and labor policies under market frictions.

Merkl, Christian - Kiel Institute for the World Economy - 2007

Persistent link: https://www.econbiz.de/10008610199

Hoag, John H - World Scientific Publishing Co. Pte. Ltd.

This book provides a rigorous course to the theory of intermediate microeconomics. It includes not only the basic … traditional theory, but also a ¡°From the Literature¡± box in each chapter directing students to applications of the theory. The … theory is developed axiomatically, with optional sections using one-variable calculus included for interested readers. A …

Persistent link: https://www.econbiz.de/10011156361

Unvollkommener Wettbewerb, Strukturwandel und Wachstum

Pichl, Claudia - Österreichisches Institut für Wirtschaftsforschung (WIFO)

Persistent link: https://www.econbiz.de/10005001107

Sticky prices and monetary policy: Evidence from disaggregated US data

Boivin, Jean; Giannoni, Marc P.; Mihov, Ilian - Center for Financial Studies - 2006

This paper uses factor-augmented vector autoregressions (FAVAR) estimated using a large data set to disentangle fluctuations in disaggregated consumer and producer prices which are due to macroeconomic factors from those due to sectorial conditions. This allows us to provide consistent estimates...

Persistent link: https://www.econbiz.de/10010986414

Ramsey monetary policy and international relative prices

Faia, Ester; Monacelli, Tommaso - Center for Financial Studies - 2004

We analyze welfare maximizing monetary policy in a dynamic two-country model with price stickiness and imperfect competition. In this context, a typical terms of trade externality affects policy interaction between independent monetary authorities. Unlike the existing literature, we remain...

Persistent link: https://www.econbiz.de/10010986499

Competition under Consumer Loss Aversion

Karle, Heiko; Peitz, Martin - Abteilung für Volkswirtschaftslehre, Universität Mannheim - 2012

We address the effect of contextual consumer loss aversion on firm strategy in imperfect competition. Consumers are fully informed about match value and price at the moment of purchase. However, some consumers are initially uninformed about their tastes and form a reference point consisting of...

Persistent link: https://www.econbiz.de/10010986686

Theory and Measurement of Competitiveness

Rantala, Olavi - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2013

The study deals with the theory and measurement of competitiveness. The basic theory of firm implies that under …

Persistent link: https://www.econbiz.de/10010987125

An assessment of cost management regimes in British rail infrastructure provision

Cowie, Jonathan; Loynes, Sarah - In: Transportation 39 (2012) 6, pp. 1281-1299

Over the last decade, British railway engineering efficiency has come under close scrutiny, with general perceptions of massive maintenance cost escalations and a general lack of control over these costs. This is exemplified by headline figures such as Roger Ford’s perceptions of a 50% rise in...

Persistent link: https://www.econbiz.de/10010989541

Multilateral Tariff Negotiations when Production is Fixed

Méndez Naya, José; Méndez Naya, Luciano - In: Journal of Economic Integration 17 (2002), pp. 811-825

This paper contributes to analysis of the extent to which multilateral trading agreements reached under GATT can liberalize the world economy. Its main conclusion is that free trade is not sustainable if production is fixed exogenously and utility is non-transferable. If production is fixed and...

Persistent link: https://www.econbiz.de/10010991767

On patent strength, litigation costs, and patent disputes under alternative damage rules

Chopard, Bertrand; Cortade, Thomas; Scialom, Laurence - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2014

This paper analyzes the effects of two damage rules (Lost Profit vs Unjust Enrichment) mainly used by Courts in patent litigations. In our model, the Infringer either is a mere imitator of the Patentee or introduces incremental innovations, and litigation costs are private information such...

Persistent link: https://www.econbiz.de/10010992417

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