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Lu, Jason - 2017

The global fall in interest rates in recent decades has raised the possibility of a negative natural rate of interest. The secular stagnation hypothesis argues that a negative natural rate of interest is the underlying cause of the Great Recession. In this paper I demonstrate the role of bubbles...

Persistent link: https://www.econbiz.de/10012960801

A Framework for Understanding Property Regulation and Land Use Control from a Dynamic Perspective

Kochan, Donald J. - 2015

Our land use control system operates across a variety of multidimensional and dynamic categories. Learning to navigate within and between these categories requires an appreciation for their interconnected, dynamic, and textured components and an awareness of alternative mechanisms for achieving...

Persistent link: https://www.econbiz.de/10014135133

Green Eggs and Ham : The CISG, Path Dependence, and the Behavioural Economics of Lawyers’ Choices of Law in International Sales Contracts

Spagnolo, Lisa - 2022

market distortion; rational decision making within game theory frameworks under different jurisdictional background …

Persistent link: https://www.econbiz.de/10014192105

Getting it Right : Empirical Evidence and Policy Implications from Research on Public-Sector Unionism and Collective Bargaining

Lewin, David; Kochan, Thomas A.; Cutcher-Gershenfeld, … - 2014

In response to public-sector collective-bargaining conflict in Wisconsin and other states, Employment Policy Researcher Network researchers wrote a white paper, "Getting it Right: Empirical Evidence and Policy Implications from Research on Public-Sector Unionism and Collective Bargaining."

Persistent link: https://www.econbiz.de/10014184460

Phases of Global Liquidity, Fundamentals News, and the Design of Macroprudential Policy

Bianchi, Javier - 2015

The unconventional shocks and non-linear dynamics behind the high volatility of financial markets present a challenge for the implementation of macroprudential policy. This paper introduces two of these unconventional shocks, news shocks about future fundamentals and regime changes in global...

Persistent link: https://www.econbiz.de/10013018427

The Environmental Kuznets Curve in a World of Irreversibility

Prieur, Fabien - 2013

We develop an overlapping generations model where consumption is the source of polluting emissions. Pollution stock accumulates with emissions but is partially assimilated by nature at each period. The assimilation capacity of nature is limited and vanishes beyond a critical level of pollution....

Persistent link: https://www.econbiz.de/10014050188

Macroeconomics, aging and growth

Lee, Ronald Demos - 2016

Persistent link: https://www.econbiz.de/10011495054

Macroeconomics, aging, and growth

Lee, Ronald Demos - 2016

Persistent link: https://www.econbiz.de/10011574486

On the modeling of the income distribution business cycle dynamics

Heer, Burkhard - 2007

Empirically, the income share is procyclical for the low-income groups and acyclical for the top 5%. We find that business cycle models should consider overlapping generations and elastic labor supply in order to replicate this finding.

Persistent link: https://www.econbiz.de/10010264090

Unions and income inequality : a heterogeneous panel cointegration and causality analysis

Herzer, Dierk - 2014

Although a large body of research has examined the effects of unions on the wage distribution, surprisingly little … attention has been devoted to the effects of unions on the distribution of income. This paper examines the long-run relationship …, we find that (i) unions have, on average, a negative long-run effect on income inequality, (ii) there is considerable …

Persistent link: https://www.econbiz.de/10010406053