Showing 1 - 10 of 994
A fresh wave of globalisation since the early 1990s has created both hope and despair. Failure of state has reaffirmed faith in market based institutions. Expansion in trade across national borders and opening the national markets to the world is recommended for speedy and sure economic growth....
Persistent link: https://www.econbiz.de/10005170180
This paper is devoted to the existence of solutions for the variational-hemivariational inequalities in reflexive … gradient, some existence results of solutions are proved when the constrained set is nonempty, bounded (or unbounded), closed … condition to the existence of solutions are also derived. The results presented in this paper generalize and improve some known …
Persistent link: https://www.econbiz.de/10010994029
We compare different preference restrictions that ensure the existence of a stable roommate matching. Some of these …
Persistent link: https://www.econbiz.de/10010994718
A large class of stochastic OLG economies with nonclassical production is shown to possess a unique Markov Equilibrium (ME) which is also the unique sequential equilibrium. Additional properties such as monotonicity, continuity, and smoothness of the ME are also discussed.
Persistent link: https://www.econbiz.de/10010906359
One of the most popular univariate asymmetric conditional volatility models is the exponential GARCH (or EGARCH) specification. In addition to asymmetry, which captures the different effects on conditional volatility of positive and negative effects of equal magnitude, EGARCH can also...
Persistent link: https://www.econbiz.de/10010907437
Of the two most widely estimated univariate asymmetric conditional volatility models, the exponential GARCH (or EGARCH) specification can capture asymmetry, which refers to the different effects on conditional volatility of positive and negative effects of equal magnitude, and leverage, which...
Persistent link: https://www.econbiz.de/10010907440
It is shown that rent-seeking contests with continuous and independent type distributions possess a unique pure-strategy Nash equilibrium.
Persistent link: https://www.econbiz.de/10010939496
The objective of the present paper is to find new sufficient conditions for the existence of unique strong solutions to …
Persistent link: https://www.econbiz.de/10010940005
non-predetermined variables. Conditions characterizing the existence and uniqueness of a solution are given and related to …
Persistent link: https://www.econbiz.de/10010931619
Of the two most widely estimated univariate asymmetric conditional volatility models, the exponential GARCH (or EGARCH) specification can capture asymmetry, which refers to the different effects on conditional volatility of positive and negative effects of equal magnitude, and leverage, which...
Persistent link: https://www.econbiz.de/10011272590