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This paper revisits testability of complementarity in economic models with multiple equilibria studied by Echenique and … weaker version of their tail condition without complementarity, and on the other hand, a slightly stronger version of … complementarity implies their testable implications without the tail condition. …
Persistent link: https://www.econbiz.de/10010658811
The literature has shown that aid and trade or aid and migration are not independent from each other: aid can be provided for relaxing migration pressures or donors can tie aid in order to increase their exports to developing countries. This finding can be generalized to other donors' policies:...
Persistent link: https://www.econbiz.de/10010660019
This paper investigates whether a change in the growth rate of the money supply enhances the rate of capital accumulation in a cash-in-advance monetary model with recursive utility. Although money is superneutral in the steady state, the effect of the growth rate of money supply on the speed of...
Persistent link: https://www.econbiz.de/10010664411
This paper revisits testability of complementarity in economic models with multiple equilibria studied by Echenique and … weaker version of their tail condition without complementarity, and on the other hand, a slightly stronger version of … complementarity implies their testable implications without the tail condition. …
Persistent link: https://www.econbiz.de/10010665689
Do Africans have a metaphysics that is unique to them? If they do, what differentiates it from Metaphysics of other continents? This is the task that this paper sets to investigate and evaluate. This paper, however, holds that denying the existence of African metaphysics based on its primal...
Persistent link: https://www.econbiz.de/10010630576
discusses how the complementarity between the different innovation activities deployed by the firm are geared towards capturing …
Persistent link: https://www.econbiz.de/10010570202
Persistent link: https://www.econbiz.de/10010571138
complementarity, where each airport is located in a different country. Considering Cournot competition in the airline market, the …
Persistent link: https://www.econbiz.de/10010574806
ideas from complementarity theory. The travel time is estimated based on two methods which have different transportation …-linear complementarity formulations respectively. Solution existence and the properties of the formulations are rigorously analyzed …
Persistent link: https://www.econbiz.de/10010574814
Within an existing transmission network, this paper considers the problem of identifying the wind power plants to be built by a wind power investor to maximize its profit. For this analysis a future target year is considered and the loads at different buses are represented by stepwise...
Persistent link: https://www.econbiz.de/10010576263