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States, banks, and the financing of the economy : monetary policy and regulatory perspectives

Balling, Morten (ed., introduction); … - Colloquium "States, Banks and the Financing of the …; … - 2013

On 5-6 September 2012 SUERF held its 30th Colloquium "States, Banks, and the Financing of the Economy" at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...

Persistent link: https://www.econbiz.de/10011711721

News about aggregate demand and the business cycle : conference paper

Guo, Jang-ting; Sirbu, Anca-Ioana; Weder, Mark - 2014

We show that an otherwise standard one-sector real business cycle model with variable capital utilization and mild increasing returns-to-scale is able to generate qualitatively as well as quantitatively realistic aggregate fluctuations driven by news shocks to two formulations of future...

Persistent link: https://www.econbiz.de/10010480670

Trade and uncertainty : conference paper

Novy, Dennis; Taylor, Alan M. - 2014

We offer a new explanation as to why international trade is so volatile in response to economic shocks. Our approach combines the uncertainty shock idea of Bloom (2009) with a model of trade, extending the idea to the open economy. Firms import intermediate inputs from home or foreign suppliers,...

Persistent link: https://www.econbiz.de/10010484416

Labor market reform and the cost of business cycles : conference paper

Krebs, Tom; Scheffel, Martin - 2014

unemployment insurance system determining search incentives and the system of job placement services affecting matching efficiency … improvement in job placement services leads to a reduction in the welfare cost of business cycles, but a change in unemployment … suggests that the German labor market reforms of 2003-2005 reduced the non-cyclical unemployment rate by 3 percentage points …

Persistent link: https://www.econbiz.de/10010485283

Growth expectations, undue optimism, and short-run fluctuations : conference paper

Enders, Zeno; Kleemann, Michael; Müller, Gernot J. - 2013 - Preliminary and incomplete

Expectations matter for economic activity. To the extent that they are fundamentally unwarranted, they represent "undue optimism or pessimism" (Pigou, 1927). In this paper, we identify empirically the effect of undue optimism/pessism ("optimism shocks") on economic activity. In a first step, we...

Persistent link: https://www.econbiz.de/10010342128

Sign restrictions and statistical identification under volatility breaks : simulation based evidence and an empirical application to monetary policy analysis ; conference paper

Herwartz, Helmut; Plödt, Martin - 2014

Apart from a priori assumptions on instantaneous or long run effects of structural shocks, sign restrictions have become a prominent means for structural vector autoregressive (SVAR) analysis. Moreover, second order heterogeneity of systems of times series can be fruitfully exploited for...

Persistent link: https://www.econbiz.de/10010482469

Identification of DSGE models : a comparison of methods and the effect of second order approximation

Mutschler, Willi - 2014 - Version: February 20, 2014

Several formal methods have been proposed to check identification in DSGE models via (i) the autocovariogram (Iskrev 2010), (ii) the spectral density (Komunjer and Ng 2011; Qu and Tkachenko 2012), or (iii) Bayesian indicators (Koop et al 2012). Even though all methods seem similar, there has been no...

Persistent link: https://www.econbiz.de/10010490635

Scientific discovery, logic, and rationality

Nickles, Thomas (ed.) - 1980

Persistent link: https://www.econbiz.de/10000414352

Logic, methodology and philosophy of science : proceedings of the 1960 International Congress, [... was held at Stanford University, Stanford, california, from August 24 to Septemb...

Nagel, Ernest (contributor); Suppes, Patrick (contributor); … - 1962

Persistent link: https://www.econbiz.de/10000061474

Paradigmawechsel in der Betriebswirtschaftslehre?

Fischer-Winkelmann, Wolf F. (ed.) - 1983

Persistent link: https://www.econbiz.de/10000072772

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