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In this paper we analyze the consequences of the fairness recommendation of the Venice Commission in allocating voting … definition, is not compatible with monotonicity and Harequota properties, two standard requirements of apportionment rules. We … present an algorithm that efficiently finds an allotment such that the differences from the average district size are …
Persistent link: https://www.econbiz.de/10010197548
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10003719624
. In this paper we show analytically how different arrangements could affect the voting behaviour of individual MPC members … on preprepared policy options. Instead, interest rate proposals should arise endogenously as a majority of views …. -- Monetary policy committee ; voting ; Bank of England ; Federal Open Market Committee …
Persistent link: https://www.econbiz.de/10003867075
Due to its simplicity the plurality voting system is frequently used to choose a common representative or project …. Nevertheless it may fail to provide a socially efficient decision as a majority can outvote any minority even if the majority … experimental results for the plurality voting scheme. -- efficiency ; experiments ; mechanism design ; public project ; uncertainty …
Persistent link: https://www.econbiz.de/10003720837
meetings of the committee. Does voting status change behavior? We find that the data go against the hypothesis that without the … voting right, presidents use their public speeches and their meeting interventions to compensate for the loss of formal … influence; rather, they support the hypothesis that the voting right makes presidents more involved. We also find that speeches …
Persistent link: https://www.econbiz.de/10012545129
Persistent link: https://www.econbiz.de/10012035175
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...
Persistent link: https://www.econbiz.de/10012904559
We introduce a new software package for determining linkages between datasets without common identifiers. We apply these methods to three datasets commonly used in academic research on syndicated lending: Refinitiv LPC DealScan, the Shared National Credit Database, and S&P Global Market...
Persistent link: https://www.econbiz.de/10012906858
It is widely recognized that the policy objectives of fiscal and monetary policymakers usually have different time horizons, and this feature may not be captured by traditional econometric techniques. In this paper, we first decompose U.S macroeconomic data using a time-frequency domain...
Persistent link: https://www.econbiz.de/10012866860
Use of patent data by academics is widespread, especially in scholarship related to innovation and technology management. However, even with increased online access to patent databases, patent searches at scale are still challenging. We present Patentopia, a simple online tool extracting...
Persistent link: https://www.econbiz.de/10013323819