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This paper utilizes a profit maximizing banking model to analyze sweeping behavior. Comparative statics results indicate that sweeping responds positively to increases in bank loan rates and reserve ratios and negatively to increases in the interest rate on reserves or to exogenous increases in...
Persistent link: https://www.econbiz.de/10012722982
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This paper introduces Concurrent Enrollment Programs (CEPs), within the context of Syracuse University Project Advance (PA) Economics, as a way to improve economic literacy. We describe measures implemented to operate PA Economics as a high-quality CEP, as well as the National Alliance of...
Persistent link: https://www.econbiz.de/10014074221
This study investigates the macro-econometric credibility of the Intertemporal Substitution Hypothesis. It extends the usual formulation by considering money within the representative consumer's life cycle decision. We also provide measures of the real wage rate and asset returns based upon...
Persistent link: https://www.econbiz.de/10014114939
This study investigates the completion of the Ph.D. in Economics. We use ex ante information, based solely upon reviewing a set of individual applications from former doctoral students. Estimation for determining success is done by logit, multinomial logit, and generalized ordered logit. We find...
Persistent link: https://www.econbiz.de/10014053284