Similar Search Results

The dependence of prices on labour-values

Guerrero, Diego - In: Atlantic Review of Economics 1 (2011), pp. 1-33

It is frequently believed, in a quite schizophrenic fashion, that a theory of value must just solve the question of … relative prices (a microeconomic problem), being mainly the theory of money the piece needed for determining the absolute or … theoretically prior to any consideration of the money market, whereas on the other hand no theory of value can aspire to be complete …

Persistent link: https://www.econbiz.de/10010290066

Geldpolitik und Staatsverschuldung - welche Rolle spielt die Unabhängigkeit der Notenbank?

Solveen, Ralph - 1996

Two theoretical modeis are developed. Both describe the connection between public debt and inflation. In the first one, monetary policy inflates the economy to rcduce the bürden of existing debt. In the second one, the causality runs directly from the level of public debt to inflation via a...

Persistent link: https://www.econbiz.de/10010290096

Extended income inequality and poverty dynamics of labour market and household activities: A ten years microanalysis with the German socio-economic panel

Merz, Joachim; Kirsten, Dagmar - 1998

Labour market dynamics according the individual working hour tension (preferred working hours minus actual working hours) of active people with focus on the self-employed, as professions and entrepreneurs, and employees are investigated in our study. The individual longitudinal analysis based on...

Persistent link: https://www.econbiz.de/10010290101

Microdata adjustment by the minimum information loss principle

Merz, Joachim - 1994

(MIL) principle. Based on information theory this principle satisfies the desired positivity constraint on the weighting …

Persistent link: https://www.econbiz.de/10010290113

Microsimulation as an instrument to evaluate economic and social programmes

Merz, Joachim - 1993

In recent years microsimulation models (MSMs) have been increasingly applied in quantitative analyses of the individual impacts of economic and social programme policies. The suitability of using microsimulation as an instrument to analyze main and side policy impacts at the individual level...

Persistent link: https://www.econbiz.de/10010290116

Time use research and time use data - actual topics and new frontiers

Merz, Joachim - 2002

This paper is asking about the actual used and appropriate data for recent substantive time use research. Emphasis is laid on both, macroanalytic and microanalytic approaches. However, the focus is on microeconomic approaches with topics on time use in the labour market (labour supply) and...

Persistent link: https://www.econbiz.de/10010290124

Liquidity, term spreads and monetary policy

Aksoy, Yunus; Basso, Henrique S. - 2012

We propose a model that delivers endogenous variations in term spreads driven primarily by banks' portfolio decision and their appetite to bear the risk of maturity transformation. We first show that fluctuations of the future profitability of banks' portfolios affect their ability to cover for...

Persistent link: https://www.econbiz.de/10010290138

The impact of commodity price volatility on resource intensive economies

Keay, Ian - 2010

Commodity price volatility is bad for macroeconomic performance. Virtually all empirical studies that document this negative relationship rely on the estimation of aggregate growth equations using cross-section evidence drawn from the post-1970 era. This paper uses a simulation model based on...

Persistent link: https://www.econbiz.de/10010290312

Duty, self-interest, and the chance of casting a pivotal vote

Usher, Dan - 2010

One votes from self-interest or from a sense of duty. Voting from self-interest requires there to be some chance, however small, that one's vote swings the outcome of an election from one political party to another. This paper is a discussion of three models of what that chance might be: the...

Persistent link: https://www.econbiz.de/10010290314

Trading dynamics with adverse selection and search: Market freeze, intervention and recovery

Chiu, Jonathan; Koeppl, Thorsten - 2011

We study the trading dynamics in an asset market where the quality of assets is private information of the owner and finding a counterparty takes time. When trading of a financial asset ceases in equilibrium as a response to an adverse shock to asset quality, a large player can resurrect the...

Persistent link: https://www.econbiz.de/10010290315