Showing 1 - 10 of 2,544
-linear VAR with threshold cointegration based on data from Germany, Japan, UK, and the U.S. Following a traditional comparative …
Persistent link: https://www.econbiz.de/10010294000
accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve … Japan, Bank of England und Federal Reserve System). Im zweiten Teil stellen wir eine Theorie über die Rechenschaftspflicht …
Persistent link: https://www.econbiz.de/10010295694
This paper examines the link between a firm's owership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through greenfield...
Persistent link: https://www.econbiz.de/10010296254
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10010296282
We study a simple, microfounded macroeconomic system in which the monetary authority employs a Taylor-type policy rule. We analyze situations in which the self-confirming equilibrium is unique and learnable according to Bullard and Mitra (2002). We explore the prospects for the use of 'large...
Persistent link: https://www.econbiz.de/10010298275
'Rationalität' in religiösen Transaktionen in Japan. Auf der Basis mehrerer Fallstudien argumentieren sie, dass solche Aktivitäten … Japan. Looking at several case studies, they argue that activities can often be understood as goal-driven in a narrow …
Persistent link: https://www.econbiz.de/10010302298
Workshops war es, eine theoriegestützte komparative Diskussion über die Erfahrungen in Japan, den USA und der EU zu anzuregen … a comparative discussion on Japan, the USA, and the EU, making use of theory-based reflections. Christoph Scherrer … economy'. Wolfram Manzenreiter finally looks at Japan´s IT industries and asks to what extent the employment situation is …
Persistent link: https://www.econbiz.de/10010302322
Das Papier gibt drei Beiträge zu einer Veranstaltung im Rahmen der Workshopreihe 'Ordnung und Organisation der japanischen Wirtschaft' wieder. Stefan Voigt führt in Annahmen, Analysemethoden und Anwendungsmöglichkeiten der institutionenökonomischen Theorie ein. Dirk Wentzel greift auf die...
Persistent link: https://www.econbiz.de/10010302363
Persistent link: https://www.econbiz.de/10011294901
In this paper we present an exact maximum likelihood treatment forthe estimation of a Stochastic Volatility in Mean(SVM) model based on Monte Carlo simulation methods. The SVM modelincorporates the unobserved volatility as anexplanatory variable in the mean equation. The same extension...
Persistent link: https://www.econbiz.de/10010324578