Similar Search Results

Band or Point Inflation Targeting? An Experimental Approach

Cornand, Camille - 2016

We conduct laboratory experiments with human subjects to test the rationale of adopting a band versus point inflation targeting regime. Within the standard New Keynesian model, we evaluate the macroeconomic performances of both regimes according to the strength of shocks affecting the economy....

Persistent link: https://www.econbiz.de/10012992436

Policies for Transactional De-Dollarization : A Laboratory Study

Arrieta Vidal, Johar - 2020

to the theory literature by characterizing a new circulation regime where agents use the foreign currency solely for …

Persistent link: https://www.econbiz.de/10012833523

Easy Money, Cheap Talk, or Spuds : Inducing Risk Aversion in Economics Experiments

Hvide, Hans K. - 2019

Experiments typically rely on small payments to incentivize participants. This works if participants view these payments as fungible with their own money, but if participants view the payments as a windfall, they may behave differently in experiments than in real life. We modify standard risky...

Persistent link: https://www.econbiz.de/10012865102

Can monetary valuation undermine nature conservation? : evidence from a decision experiment

Rode, Julian; Le Menestrel, Marc; Cornelissen, Gert - 2015

arguments for nature conservation. This paper presents the results of a decision experiment in which nature conservation is …

Persistent link: https://www.econbiz.de/10011279993

Free-Riding or Internalizing? An Opportunistic View on Decentralization versus Centralization

Fiorillo, Fabio - 2011

comparing decentralized and centralized system. As in the recent Second Generation Theory (SGT) of fiscal federalism (Seabright … rent-seeking behaviour. Moreover, modelling interregional externalities as a mechanism contributing to lowering the … production cost of the public good in each region, a different trade-off - from the traditional and new theory of fiscal …

Persistent link: https://www.econbiz.de/10013130419

Financial Stability and Policy Cooperation

Gaspar, Vítor - 2013

the cross-country aspects of European financial integration over time. Specifically, the paper applies the economic theory … through the theory of repeated games, case studies, and experimental evidence to identify factors favoring or hindering …

Persistent link: https://www.econbiz.de/10013094481