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Three essays on economic policy in developing countries
Braun, Miguel - 2001
Persistent link: https://www.econbiz.de/10001717900
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Hyperbolic Discounting and the Time-Consistent Solution of Three Canonical Environmental Problems
Strulik, Holger - 2017
In this paper I propose a time-consistent method of discounting hyperbolically that contains the discount rate implied by Gamma discounting as a special case. I apply the discounting method to three canonical environmental problems: (i) optimal renewable resource use, (ii) the tragedy of the...
Persistent link: https://www.econbiz.de/10012949477
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Options for China in a dollar standard world : a sovereign currency approach
Wray, L. Randall; Liu, Xinhua - 2014
This paper examines the fiscal and monetary policy options available to China as a sovereign currency-issuing nation … operating in a dollar standard world. We first summarize a number of issues facing China, including the possibility of slower … policy space open to China. …
Persistent link: https://www.econbiz.de/10010228185
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Insider trading among central bankers : a treatise on temptation and policy choice
Schinke, Michael; Lambsdorff, Johann - 2006
Corruption among central banks induces distorted policies by, first, increasing the inflation bias and, second … bankers with similar preferences, corruption might be tolerated as an instrument of bringing factual policies more in line …
Persistent link: https://www.econbiz.de/10009424461
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Grand corruption instead of commitment? : reconsidering time-inconsistency of monetary policy
Bohn, Frank - In: Journal of international money and finance 32 (2013), pp. 478-490
Persistent link: https://www.econbiz.de/10009732851
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Non-benevolent central banks
Lambsdorff, Johann (contributor);  … - 2002
Persistent link: https://www.econbiz.de/10009619390
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Non-benevolent central banks
Lambsdorff, Johann; Schinke, Michael - 2002
Persistent link: https://www.econbiz.de/10001728163
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Insider trading among Central Bankers : a treatise on temptation and policy choice
Schinke, Michael; Lambsdorff, Johann - 2006
Persistent link: https://www.econbiz.de/10003273471
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Political cycles in Latin America : more evidence on the Brazilian economy
Costa, Celso José; García-Cintado, Alejandro; … - In: Latin American economic review : LAER ; official … 30 (2021), pp. 1-17
This paper aims to shed additional light on the existence of opportunistic and partisan political-business cycles in the Brazilian economy over the 1996-2016 period. To that end, it relies on two different approaches: (I) an Oaxaca model in the spirit of Blinder and Watson (2016); and (II) a...
Persistent link: https://www.econbiz.de/10012818003