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Gazal-Ayal, Oren - 2007

The academic world is wonderful. Like few other professionals, we can choose what we want to do and what questions we think are important, which in our line of work means choosing what topics we want to research. But what influences our choices? This paper examines what drives scholars to select...

Persistent link: https://www.econbiz.de/10014058433

Microfoundations

Janssen, Maarten - 2006

Persistent link: https://www.econbiz.de/10014058434

Flexibility in Manufacturing and Activity Based Costing : Modelling the Interrelationships

Venieris, Georgios (George); Cohen, Sandra - 2006

Theory claims that ABC is most suitable for companies employing flexibility in manufacturing, as it is a vehicle for … implementation should be recommended by combining several attributes that, according to theory and previous empirical findings …

Persistent link: https://www.econbiz.de/10014058435

Achieving Compliance When Legal Sanctions are Non-Deterrent

Tyran, Jean-Robert; Feld, Lars P. - 2007

Law backed by non-deterrent sanctions (mild law) has been hypothesized to achieve compliance because of norm activation. We experimentally investigate the effects of mild law in the provision of public goods by comparing it to severe law (deterrent sanctions) and no law. The results show that...

Persistent link: https://www.econbiz.de/10014058439

Monetary Institutions, Monopolistic Competition, Unionized Labor Markets and Economic Performance

Coricelli, Fabrizio; Cukierman, Alex; Dalmazzo, Alberto - 2008

Recent literature on the interactions between labor unions and monetary institutions features either a supply or a demand channel of monetary policy, but not both. This leads to two opposing views about the effects of central bank conservativeness. We evaluate the relative merits of those...

Persistent link: https://www.econbiz.de/10014058441

Liquidity Effects in Non-Ricardian Economies

Bénassy, Jean-Pascal - 2007

It has often been found difficult to generate a liquidity effect (i.e., a negative effect of monetary injections on the nominal interest rate) in the traditional "Ricardian" stochastic dynamic model with a single infinitely lived household. We show that moving to a non-Ricardian environment...

Persistent link: https://www.econbiz.de/10014058442

Monetary Policy, Expectations and Commitment

Evans, George W.; Honkapohja, Seppo - 2007

Commitment in monetary policy leads to equilibria that are superior to those from optimal discretionary policies. A number of interest-rate reaction functions and instrument rules have been proposed to implement or approximate commitment policy. We assess these rules in terms of whether they...

Persistent link: https://www.econbiz.de/10014058444

The Effect of Taxes on Efficiency and Growth

Feldstein, Martin S. - 2006

This report discusses the adverse effects of high marginal tax rates on labor income and on investment income. It … explains that tax on investment income brings a deadweight loss even if household saving does not respond to taxes and the net … rate return. What matters is the response of future consumption. The tax on investment income is also effectively a tax on …

Persistent link: https://www.econbiz.de/10014058445

International Treaty Enforcement as a Public Good : Institutional Deterrent Sanctions in International Environmental Agreements

Yang, Tseming - 2006

The problem of compliance with treaty obligations has been an area of active study in international environmental law because of its importance to the effectiveness of environmental treaties. This paper examines the problem of enforcement as an important and distinct component of compliance....

Persistent link: https://www.econbiz.de/10014058449

Computing General Equilibrium Models with Occupational Choice and Financial Frictions

Antunes, Antonio; Cavalcanti, Tiago; Villamil, Anne P. - 2006

This paper establishes the existence of a stationary equilibrium and a procedure to compute solutions to a class of dynamic general equilibrium models that are useful for studying entrepreneurship. The models have two important features. First, occupational choice (entrepreneur or worker) is...

Persistent link: https://www.econbiz.de/10014058453