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Exact Utilities Under Alternative Monetary Rules in a Simple Macro Model with Optimizing Agents
Henderson, Dale W.; Kim, Jinill - 2001
We construct an optimizing-agent model of a closed economy which is simple enough that we can use it to make exact utility calculations. There is a stabilization problem because there are one-period nominal contracts for wages, or prices, or both and shocks that are unknown at the time when...
Persistent link: https://www.econbiz.de/10014154210
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Assessing portfolio credit risk changes in a sample of EU large and complex banking groups in reaction to macroeconomic shocks
Castrén, Olli; Fitzpatrick, Trevor; Sydow, Matthias - 2009
In terms of regulatory and economic capital, credit risk is the most significant risk faced by banks. We implement a credit risk model - based on publicly available information . with the aim of developing a tool to monitor credit risk in a sample of large and complex banking groups (LCBGs) in...
Persistent link: https://www.econbiz.de/10003831692
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Optimal investment : bounds and heuristics
Rogers, Leonard C. G.; Zaczkowski, P. - In: The journal of computational finance 19 (2015/2016) 2, pp. 1-28
Persistent link: https://www.econbiz.de/10011442629
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Optimal Interviewing
Morgan, Peter B. - 2017
A model of employer advertised vacancies for labor is presented. The model's predictions are consistent with a variety of results reported by applied studies of the durations of different types of vacancies, and with the advertising strategies used by employers. The optimal advertising policy is...
Persistent link: https://www.econbiz.de/10012963264
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Die Erreichbarkeit der Arbeitsmärkte für Berufspendler aus den Gemeinden Schleswig-Holsteins
Schulz, Ann-Christine; Bröcker, Johannes - 2007
Persistent link: https://www.econbiz.de/10003491230
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Backward unraveling over time : the evolution of strategic behavior in the entry level British medical labor markets
Ünver, M. Utku - In: Journal of economic dynamics & control 25 (2001) 6/7, pp. 1039-1080
Persistent link: https://www.econbiz.de/10001572009
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Die Erreichbarkeit der Arbeitsmärkte für Berufspendler aus den Gemeinden Schleswig-Holsteins
Schulz, Ann-Christine; Bröcker, Johannes - 2007
In dem Beitrag erfolgt eine Analyse der Erreichbarkeit von Arbeitsplätzen in Schleswig-Holstein anhand verschiedener Messkonzepte. Die Untersuchung basiert auf einer Diplomarbeit, die am Institut für Regionalforschung der Christian-Albrechts-Universität zu Kiel entstanden ist. Die für die...
Persistent link: https://www.econbiz.de/10011656730
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On Labour Demand and Equilibria of the Firm
Vienneau, Robert L. - 2005
This note considers a linear programming formulation of the problem of the firm. A neoclassical non-increasing labour demand function is derived from the solution of the linear program. Only a set of measure zero on this function, one or two points in the examples examined, provides equilibria...
Persistent link: https://www.econbiz.de/10014062932
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Wage bargaining in an optimal control framework : a dynamic version of the right-to-manage model
Guerrazzi, Marco (contributor) - 2007
implied by wage bargaining. -- Wage Bargaining ; Optimal Control Theory ; Right-to-Manage Model ; Numerical Solutions …
Persistent link: https://www.econbiz.de/10003486199
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Basic Mathematical Model for MMT
Tanaka, Yasuhito - 2021
In recent years, a school of economics called MMT (Modern Monetary Theory) has been attracting attention, but it has …, and that this deficit does not have to be covered by future surpluses; 2) Inflation is caused when the actual budget … deficit exceeds the level necessary and sufficient to maintain full employment. In order to avoid further inflation, it is …
Persistent link: https://www.econbiz.de/10013219848