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Replaced with revised version of paper 08/24/09.
Persistent link: https://www.econbiz.de/10009444818
In this article we extend the recent literature on overlapping generations with a pollution sector by allowing generations to have a certain pollution perception with regards to the stock of pollution. Pollution perception, assumed to be part of the generations' preferences, can be either a...
Persistent link: https://www.econbiz.de/10009452479
Este artículo considera un modelo de generaciones solapadas, aplicado a una economía pequeña, abierta al comercio internacional y caracterizada por la existencia de competencia imperfecta en los mercados de bienes y de trabajo, para analizar: i) cuáles fueron los principales determinantes de...
Persistent link: https://www.econbiz.de/10012530332
El envejecimiento de la población es un proceso imparable que continúa suponiendo un reto para la sostenibilidad del sistema de reparto de pensiones en la mayoría de los países desarrollados, incluida España. Gran parte de estos países necesitan llevar a cabo reformas en sus sistemas de...
Persistent link: https://www.econbiz.de/10012530444
The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. From the course home page: Course Description This half semester class presents an...
Persistent link: https://www.econbiz.de/10009432111
central bank less conservative than society, however if the outside option is in real terms. As the nominal components of the … optimal if the government can choose the level of unemployment benefits as well as the degree of central bank conservatism. …
Persistent link: https://www.econbiz.de/10009447268
bank's control, and ignores the role played by the quantity of money in the transmission mechanism. Even though monetary …
Persistent link: https://www.econbiz.de/10009447279
We study the impact of outright (i.e., permanent) Open Market Operations (POMOs) by the Federal Reserve Bank of New … parsimonious model of speculative trading in the presence of a stylized Central Bank targeting the price of the traded asset …
Persistent link: https://www.econbiz.de/10009477265
confirma estos resultados. ; We show that local central bank policies attenuate global financial cycle (GFC)’s spillovers. For …
Persistent link: https://www.econbiz.de/10012523796
financial supervision model in Spain. Lastly, he refers to the Bank’s control mechanisms and transparency standards, and certain …
Persistent link: https://www.econbiz.de/10012525507