Opinion is divided on whether it is better to have a single world money or variable exchange rates.Pope, Selten and von Hagen (2003) propose that fresh light would be shed via an analysis that allows forseven complexity impacts on the exchange rate that are underplayed (where not entirely...

We experimentally investigate the nature of cooperation in various repeated games, with subjects from Romania and USA. We find stark cross-country differences in the propensity to sustain multilateral cooperation through bilateral rewards and punishments. U.S. groups perform well because...

The U.S. President Donald Trump has frequently made foreign countries central to his political messages, often conveying animosity. But do foreign citizens react more to the speaker of these messages -- Trump himself -- or their content? More generally, when people are exposed to messages sent...

We study how cost-benefit considerations shape the public acceptance of non-pharmaceutical interventions (NPIs). In an online experiment conducted on a representative sample from the US during the early COVID-19 pandemic, we provide half of our respondents with research evidence pointing to low...

Qualitative self-assessments of economic preferences have recently gained popularity, often supported by experimental validation, a method that links them to choices in incentivized elicitations. We illustrate theoretically that experimental validation may fail to produce reliable new measures....

This paper shows how the inter-connections of the U.S. economy with five major economic regions in the world: Japan, China, ASEAN, Latin America, and the European Union can be captured through use of the inter-linkage coordinate space, and how such connections can be represented graphically with...

The major perspective of this paper is to provide more evidence into the empirical determinants of capital structure adjustment in different macroeconomics states by focusing and discussing the relative importance of firm-specific and macroeconomic characteristics from an alternative scope in...

Using Gretl, I apply ARMA, Vector ARMA, VAR, state-space model with a Kalman filter, transfer-function and intervention models, unit root tests, cointegration test, volatility models (ARCH, GARCH, ARCH-M, GARCH-M, Taylor-Schwert GARCH, GJR, TARCH, NARCH, APARCH, EGARCH) to analyze quarterly time...

This paper is interested to introduce a new graphical pictorial approach to visualize the final total output (GDP) size of any country by parts or full graphically. This new economic graphical pictorial approach is called “The Economic Growth Accumulation Process Helix (EGAP-Helix)”. The...

This paper models the inter-connections between the U.S. economy and five major economic regions in the world, namely, Japan, China, ASEAN, Latin America, and the European Union, using an inter-linkage coordinate space. This space is represented graphically, with the U.S. economy placed in the...