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Cycles, Gaps, and the Social Value of Information

Angeletos, George-Marios; Iovino, Luigi; La'O, Jennifer - 2011

What are the welfare effects of the information contained in macroeconomic statistics, central-bank communications, or news in the media? We address this question in a business-cycle framework that nests the neoclassical core of modern DSGE models. Earlier lessons that were based on “beauty...

Persistent link: https://www.econbiz.de/10014042893

Prospects of Tools from Differential Games in the Study of Macroeconomics of Climate Change

Engwerda, Jacob C. - 2012

In this note we sketch a dynamic framework within which the discussion on the macroeconomic effects of climate change take place. The problem setting is characterized by scientific uncertainties about the development of climate, potential large economic losses and human beings having their...

Persistent link: https://www.econbiz.de/10014168816

Regulatory failure and the polluter pays principle : why regulatory impact assessment dominates the polluter pays principle

Schmidtchen, Dieter; Helstroffer, Jenny; Koboldt, Christian - In: Environmental economics and policy studies : the … 23 (2021) 1, pp. 109-144

Persistent link: https://www.econbiz.de/10012433681

U.S. banking deregulation and local economic growth : direct effects and externalities

IJtsma, Pieter; Shaffer, Sherrill; Spierdijk, Laura - 2019

Persistent link: https://www.econbiz.de/10012224588

Assessing the Quality of Regulatory Impact Analyses

Hahn, Robert W.; Burnett, Jason K.; Chan, Yee-Ho I.; … - 2006

alternatives to a regulation, and estimating net benefits of a regulation when data on costs and benefits are provided …

Persistent link: https://www.econbiz.de/10014166190

Price Cap Regulation in the Colombian Pharmaceutical Market : An Impact Evaluation

Bardey, David; Harker, Arturo; Zuluaga, Daniela - 2021

We evaluate the impact of a price cap regulation implemented in the Colombian pharmaceutical market between 2011 and … after regulation) for the eighteen ATC groups. A triple differences model with fixed time effects and cluster errors is used … to identify the impact of this regulation. We find that the price-cap regulation contributed to reduce prices in three of …

Persistent link: https://www.econbiz.de/10013238087

Trust and Regulation : Addressing a Cultural Bias

Pinotti, Paolo - 2010

drives higher levels of unofficial activity, negative externalities and government regulation, thus inducing a positive … differences may therefore bias the estimated effects of regulation. This paper investigates the direction and the magnitude of … activity by the untrustworthy imposes negative externalities on the whole economy and burdensome entry regulations may lower …

Persistent link: https://www.econbiz.de/10014199862