Similar Search Results

Product differentiation and oligopoly : a network approach

Pellegrino, Bruno - 2023

This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product market rivalries that emerges endogenously out of the characteristics of the products and services they supply. My model embeds a novel, highly tractable and scalable demand system...

Persistent link: https://www.econbiz.de/10013503368

Product Differentiation and Oligopoly : A Network Approach

Pellegrino, Bruno - 2023

Persistent link: https://www.econbiz.de/10014262031

Economic Growth and Business Cycles : The Labor Supply Decision with Two Types of Technological Progress

Graves, Philip E. - 2011

An informal model is described that leads to multiple macroeconomic equilibria as a consequence of random variation in the relative amounts of technological change for new and existing goods. The novel observation is that the rate of introduction and market penetration of new goods vis-a-vis...

Persistent link: https://www.econbiz.de/10012756204

The Relationship between High Debt Levels and Economic Stagnation, Explained by a Simple Cash Flow Model of the Economy

Andricopoulos, Ari - 2016

Empirical data is presented suggesting that high private and, to a lesser extent, public debt levels place a strong drag upon economic growth. A simple, demand-based, cash flow (DBCF) model of the economy is developed, separating out flows by marginal propensity to spend. This approach is both...

Persistent link: https://www.econbiz.de/10012980568

Economy works differently Episode 3 : The end of the two Cambridge controversy, Economic Capital is the micro-foundation of economics , Aggregation of Economic Capital

Vanoverberghe, Didier - 2022

The two Cambridge controversy have marked a milestone in economic thinking. By their demonstration neo-Ricardian and post-Keynesian seemed to have proven the impossibility of defining the notion of Capital and, moreover, of being able to aggregate heterogeneous Capital. It is not so.By reasoning...

Persistent link: https://www.econbiz.de/10013295977

Houses Divided : Intergenerational Transfers, Differential Fertility and Wealth Inequality

Cooke, Aaron; Ghimire, Umesh; Lee, Hyun; Zhao, Kai - 2022

Rising income and wealth inequality across the developed world has prompted a renewed focus on the mechanisms driving inequality. This paper contributes to the existing literature by studying the impact from life-cycle savings, intergenerational transfers, and fertility differences between the...

Persistent link: https://www.econbiz.de/10013308755

How Foreign Exchange Rates Underpin the Dynamics of the Global Economy

Dodwell, William J. - 2015

The currencies of nations, in their utility as a medium of exchange and store of value, behave variously according to the integrated dynamics of free enterprise, the central bank and government policy. As such, foreign exchange rates fluctuate constantly with consequences for the growth of...

Persistent link: https://www.econbiz.de/10013028341

Tourism, trade externalities and public goods in a three-sector growth model

Zhang, Wei-Bin - In: UTMS journal of economics / University of Tourism and … 6 (2015) 1, pp. 1-19

The purpose of this study is to introduce tourism, externalities, and public goods to a small-open growth with … neoclassical growth theory with externalities, and ideas from tourism economics. The economy consists of three - service …

Persistent link: https://www.econbiz.de/10011298864

An R&D-based endogenous growth model of international tourism

Albaladejo, Isabel P.; Martínez-García, María Pilar - In: Tourism economics : the business and finance of tourism … 21 (2015) 4, pp. 701-719

Persistent link: https://www.econbiz.de/10011341933

Exchange rate elasticities of international tourism and the role of dominant currency pricing

Ding, Ding; Timmer, Yannick - 2022

We estimate exchange rate elasticities of international tourism. We show that, in addition to the bilateral exchange … rate, the exchange rate between the tourism origin country vis-à-vis the U.S. dollar is an important driver of tourism … flows, indicating a strong role of U.S. dollar pricing. The U.S. dollar exchange rate is more important for tourism …

Persistent link: https://www.econbiz.de/10013201620

1
2
3
4
5
6
7
8
9
10
Next
Last