Showing 531 - 540 of 602
Whether or not a government deficit is sustainable has important implications for policy. If the debt of a nation is sustainable, then it implies that the government should have no incentive to default on its internal debt. In this article we examine whether or not the debt-GDP ratios of the G-7...
Persistent link: https://www.econbiz.de/10010744016
, associated with which the steady-state analysis is carried out, indicating the spreading threshold existing in both homogeneous … threshold and spreading thresholds in homogeneous and inhomogeneous networks, respectively. Numerical simulations are conducted …
Persistent link: https://www.econbiz.de/10010744299
on the ability to affect both the probability of a tipping point and also welfare in a post-threshold world. Simulations … in the threshold's distribution can amplify or dampen the effect of tipping points on optimal policy, but in our …
Persistent link: https://www.econbiz.de/10010676557
We examine how group membership influences individual decisions with respect to joining a mass political struggle, under the assumption that group members have a strong group identity, expressed by a strong commitment to group decisions. We suggest a two-level theoretical game model in which, in...
Persistent link: https://www.econbiz.de/10010777940
destructive activities after productive effort reaches a threshold and do not increase their productive effort beyond this … threshold. This result is consistent with contests in which participants increase effort in sabotage and dirty tricks more than … productive effort increases with the value of the prize after the value exceeds a threshold. …
Persistent link: https://www.econbiz.de/10010588390
in EU, this work employs linear models and nonlinear threshold autoregression (TAR) models to test linearity against … variable and threshold value of the panel data sets. This paper eventually has the purpose to reveal if EU countries converge …
Persistent link: https://www.econbiz.de/10010594791
An increasing amount of timberlands have been securitized and made available to investors in the form of Master Limited Partnerships (MLPs) or Real Estate Investment Trusts (REITs). In this study, Generalized Autoregressive Conditional Heteroscedasticity (GARCH) and extreme value models were...
Persistent link: https://www.econbiz.de/10010603311
. Steady-state analysis is carried out, which shows no spreading threshold existing. Numerical simulations are conducted in a … addition, the no threshold result is verified. …
Persistent link: https://www.econbiz.de/10010603441
-transition economies using threshold models. The results suggest that exchange rates and interest rate differentials are important for … exchange rate regimes, the Czech Republic and Poland, suggest no evidence of threshold effects, while for other countries … threshold behavior was found. The threshold VAR results indicate that depreciations have a stronger effect on DE than …
Persistent link: https://www.econbiz.de/10010665469
Introducing a threshold in the sense of a minimal project size transforms a public-good game with an inefficient … thresholds are ineffective at best and often counterproductive. This holds over a range of threshold levels and refund rates. We … test whether thresholds perform better if they are endogenously chosen, i.e., whether a threshold is approved in a …
Persistent link: https://www.econbiz.de/10010625733