Showing 1 - 10 of 7,900
Persistent link: https://www.econbiz.de/10009622404
External headwinds, together with domestic vulnerabilities, have loomed over the prospects of emerging markets in recent years. We propose an empirical toolbox to quantify the impact of external macro-financial shocks on domestic economies in parsimonious way. Our model is a Bayesian VAR...
Persistent link: https://www.econbiz.de/10011445607
Persistent link: https://www.econbiz.de/10012241210
Persistent link: https://www.econbiz.de/10012135680
External headwinds, together with domestic vulnerabilities, have loomed over the prospects of emerging markets in recent years. We propose an empirical toolbox to quantify the impact of external macro-financial shocks on domestic economies in parsimonious way. Our model is a Bayesian VAR...
Persistent link: https://www.econbiz.de/10012998765
investigate the incentives to expend effort for a prize that produces consumption externalities and consider alternative … regulatory policies. We find relatively more global consumption externalities will increase (decrease) rent seeking when … consumption externalities are negative (positive). We show how introducing Pigouvian taxation (possibly with revenue transfer) and …
Persistent link: https://www.econbiz.de/10008735783
Persistent link: https://www.econbiz.de/10011396571
In a multi-agent setting, individuals often compare own performance with that of their peers. These comparisons influence agents incentives and lead to a noncooperative game, even if the agents have to complete independent tasks. I show that depending on the interplay of the peer effects, agents...
Persistent link: https://www.econbiz.de/10011430294
Persistent link: https://www.econbiz.de/10011431765
Persistent link: https://www.econbiz.de/10011433475