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Stochastic Games in Continuous Time : Persistent Actions in Long-Run Relationships, Second Version
Bohren, J. Aislinn - 2014
, and its actions are imperfectly observed. I establish the existence of Markov equilibria, characterize the Perfect Public … Equilibria (PPE) pay-offset as the convex hull of the Markov Equilibria payoff set, and identify conditions for the uniqueness of … Markov equilibria payoffs and actions, for any discount rate. Action persistence creates a crucial new channel to generate …
Persistent link: https://www.econbiz.de/10013046282
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Learning from Lucas
Sargent, Thomas J. - In: Journal of economic methodology 29 (2022) 1, pp. 17-29
Persistent link: https://www.econbiz.de/10013170084
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Fiscal Competition and Reality : A Time Series Approach
Becsi, Zsolt - 2015
Strategic interjurisdictional behavior and the interaction over time of the mean and dispersion of average tax rates across states are analyzed in a vector autoregression model. Variance decompositions reveal that fiscal competition explains roughly one-third of the time variation of state and...
Persistent link: https://www.econbiz.de/10013032158
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Renewable versus nonrenewable resources : an analysis of volatility in futures prices
Gevorkyan, Arkady - In: The Australian journal of agricultural and resource … 61 (2017) 1, pp. 19-35
Persistent link: https://www.econbiz.de/10011674273
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Stochastic games in continuous time : persistent actions in long-run relationships
Bohren, J. Aislinn - 2014 - Rev., second version
Persistent link: https://www.econbiz.de/10010418101
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The Environmental Kuznets Curve : evidence from time series data for Germany
Egli, Hannes - 2004
In recent years, extensive literature on the Environmental Kuznets Curve leading to optimistic policy conclusions has attracted great attention. However, the underlying cross-section estimations are not very reliable. Accordingly, this contribution uses time series data for a single country with...
Persistent link: https://www.econbiz.de/10011793166
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Are cross-country studies of the Environmental Kuznets Curve misleading? : new evidence from time series data for Germany
Egli, Hannes - 2001
In recent years, extensive literature on the Environmental Kuznets Curve leading to optimistic policy conclusions has attracted great attention. However, the underlying cross-section estimations are not very reliable. Accordingly, this contribution uses time series data for a single country with...
Persistent link: https://www.econbiz.de/10010483982
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Financial Development and Energy Consumption Nexus in Malaysia : A Multivariate Time Series Analysis
Islam, S.M. - 2017
Despite a bourgeoning literature on the existence of a long-run relationship between energy consumption and economic growth, the findings have failed to establish clearly the direction of causation. A growing economy needs more energy, which is exacerbated by growing population. Evidence...
Persistent link: https://www.econbiz.de/10012959944
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Are cross-country studies of the Environmental Kuznets Curve misleading? : new evidence frome time series data for Germany
Egli, Hannes - 2002
In recent years, extensive literature on the Environmental Kuznets Curve leading to optimistic policy conclusions has attracted great attention. However, the underlying cross-section estimations are not very reliable. Accordingly, this contribution uses time series data for a single country with...
Persistent link: https://www.econbiz.de/10011596747
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Are Cross-Country Studies of the Environmental Kuznets Curve Misleading? New Evidence from Time Series Data for Germany
Egli, Hannes - 2014
In recent years, extensive literature on the Environmental Kuznets Curve leading to optimistic policy conclusions has attracted great attention. However, the underlying cross-section estimations are not very reliable. Accordingly, this contribution uses time series data for a single country with...
Persistent link: https://www.econbiz.de/10014122139