Showing 31 - 40 of 103
This dissertation examines several theoretical and empirical issues associated with exchange rate pass-through, defined as the percentage change in import prices for a one percent change in the exchange rate. The theoretical sections of this study posit a conjectural variations model of...
Persistent link: https://www.econbiz.de/10009477605
In the first essay, we analyze the necessary and sufficient conditions for coalitional Bayesian Nash implementation. A mechanism coalitionally implements a social choice set if any outcome of the social choice set can be achieved as a coalitional Bayesian Nash equilibrium of a mechanism and vice...
Persistent link: https://www.econbiz.de/10009477616
In this thesis, we consider the trading world economy with some firms exhibiting increasing returns to scale technology. We focus on the problems of existence of equilibrium, gains from trade and the effects of increasing returns in developing countries.
Persistent link: https://www.econbiz.de/10009477622
of the social conflict theory of inflation and creates cyclical indices of fiscal stance for developing countries …In the second essay a game-theoretic model is presented which formalizes the role of deficits in the conflict theory of … theory of inflation. Estimates are made for a hybrid of the cyclically neutral budget which reflects a macroeconomic target …
Persistent link: https://www.econbiz.de/10009477648
The central issue dividing neoclassical and Keynesian economists is how markets react to perturbations to longrun equilibria. The standard resolution of this controversy is that neoclassical responses are appropriate to competitive markets, while Keynesian responses better describe oligopolistic...
Persistent link: https://www.econbiz.de/10009477664
We examine the existence of marginal cost pricing equilibria under non-convex technology. We formalize marginal cost prices in terms of Clarke's normal cone.
Persistent link: https://www.econbiz.de/10009477666
Suitable methodology and an asymptotic theory for the sequential analysis of time-to-event (duration) data is developed … on martingale theory. Instead a modern empirical process theory is used to deal with the underlying two …-dimensional character of the problem. A very general treatment of the large sample theory with minimum technicalities is made developed. …
Persistent link: https://www.econbiz.de/10009477675
The purpose of this dissertation is to empirically analyze the relationship between tax rates and tax evasion and to measure the magnitude of tax evasion in several African countries. I build a taxpayer behavioral model based on income tax evasion by combining the utility maximization approach...
Persistent link: https://www.econbiz.de/10009477685
When a nuisance parameter is unidentified under the null hypothesis, standard testing procedures cannot be applied due to the singularity of the information matrix. Probably best known examples are the problems of unknown change points and the mixtures of distributions in econometrics and...
Persistent link: https://www.econbiz.de/10009477686
This dissertation concerns theoretical and empirical aspects of a class of conditionally heteroskedastic models. We apply the White's information matrix (IM) test to the linear regression model with autocorrelated errors. A special case of one component of the test is found to be identical to...
Persistent link: https://www.econbiz.de/10009477694