Showing 1 - 10 of 624
In this paper the authors report the results of the estimation of a rich dynamic stochastic general equilibrium (DSGE) model of the U.S. economy with both stochastic volatility and parameter drifting in the Taylor rule. They use the results of this estimation to examine the recent monetary...
Persistent link: https://www.econbiz.de/10009475410
ineffective and there is almost perfect substitutability between money and bonds due to the zero bound condition of interest rates …
Persistent link: https://www.econbiz.de/10009468735
Guanxi, a type of particularistic trust observed in Confucian societies has mostly been viewed as a static phenomenon. It is not clear how the role of guanxi changes over time during institutional transitions. This field study of twenty one small and medium enterprises (SMEs) located in two...
Persistent link: https://www.econbiz.de/10009459040
the average wage and a reduction in employment of -0.46%. There is evidence that increases in the private sector minimum … wages on the wages workers in smallfirms or the self-employed. Separate estimates of the wage and employment effects for …Taking advantage of a complex minimum wage structure in Honduras, this paper examines how changes in minimum wages over …
Persistent link: https://www.econbiz.de/10009477114
presents some of the major concepts, principles, analytical methods and tools useful for making investment and finance … estate terminology presented in the earlier course if they are not already familiar with basic real estate finance and …
Persistent link: https://www.econbiz.de/10009432644
This paper examines Robert E. Lucas's views on the relationship of macroeconomics to real world economic phenomena, and on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the subdiscipline has evolved. It considers some implications...
Persistent link: https://www.econbiz.de/10009447272
monetary policy.Chapter 1 studies the choice of endogenous means of payment when holding money is risky. In steady state … interest rate. Credit may be used when the return on money is not positive. A positive money injection reduces the crime rate … households exchange money for interest-bearing government nominal bonds in the asset market. The government injects money through …
Persistent link: https://www.econbiz.de/10009466028
The Forest Service manages land for a diverse array of purposes under the Multiple Use Doctrine. Many of these uses are incompatible and lead to conflict The goal of my research is to explain what guides the Forest Service's management decisions, since this is critical to understanding how...
Persistent link: https://www.econbiz.de/10009474978
Tyrimo tikslas: įvertinti atlyginimų "vokelyje" praktikos paplitimo mastus Lietuvoje. Respondentams buvo pateikti klausimai, ar jie gauna neapmokestinamų pajamų bei klausta, kokią dalį pajamų procentais sudaro tokios neapmokestinamos pajamos. Socialinės demografinės charakteristikos:...
Persistent link: https://www.econbiz.de/10009478373
While there has been a relatively large number of studies conducted to investigate associations between financial problems and marital outcomes, little research has been done to examine possible relationships between materialistic attitudes, perceived financial problems, and marital outcomes....
Persistent link: https://www.econbiz.de/10009456714