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Business cycle dynamics of a new Keynesian overlapping generations model with progressive income taxation
Heer, Burkhard; Maußner, Alfred - 2006
In our dynamic optimizing sticky price model, agents are heterogeneous with regard to their age and their productivity. We find that the business cycle dynamics in the OLG model in response to both a technology shock and a monetary shock are similar, but not completely identical to those found...
Persistent link: https://www.econbiz.de/10010261430
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Trade balances and capital mobility
Siebert, Horst - 1989
Persistent link: https://www.econbiz.de/10010261454
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Debt cycles with endogenous interest rate
Long, Ngo Van; Siebert, Horst - 1989
Persistent link: https://www.econbiz.de/10010261465
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Inter-industry wage structure and the power of incumbent workers
Lindbeck, Assar; Snower, Dennis J. - 1988
Persistent link: https://www.econbiz.de/10010261466
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Institutional competition versus ex-ante harmonization: the case of environmental policy
Long, Ngo Van; Siebert, Horst - 1989
Persistent link: https://www.econbiz.de/10010261469
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Institutionelle Ergonomie : Verhaltensrelevante Variablen zur Beeinflussung kooperativen Verhaltens in sozialen Dilemmata
Beckenkamp, Martin - 2004
Im folgenden wird zunächst an einem konkreten Beispiel illustriert, worin die Pointe der 'institutionellen Ergonomie' liegt. Anschließend wird das Gemeingutdilemma als ein wichtiges Problem für institutionelles Design vorgestellt. Anhand dieses Beispielproblems sollen dann alle weiteren...
Persistent link: https://www.econbiz.de/10010261476
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Behavioral Law and Economics : eine kritische Einführung
Englerth, Markus - 2004
Zunehmend erfährt die auf den Annahmen der neoklassischen Ökonomie ruhende Analyse des Rechts Kritik und Konkurrenz durch andere sozialwissenschaftliche Disziplinen. Die vorderste Front bilden dabei die klassischen Verhaltenswissenschaften, insbesondere die kognitive Psychologie. Ihre Kritik...
Persistent link: https://www.econbiz.de/10010261477
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Banks without Parachutes : Competitive Effects of Government Bail-out Policies
Hakenes, Hendrik; Schnabel, Isabel - 2004
The explicit or implicit protection of banks through government bail-out policies is a universal phenomenon. We analyze the competitive effects of such policies in two models with different degrees of transparency in the banking sector. Our main result is that the bail-out policy unambiguously...
Persistent link: https://www.econbiz.de/10010261478
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Is there an optimization in bounded rationality? : The ratio of aspiration levels
Beckenkamp, Martin - 2004
Simon's (1955) famous paper was one of the first to cast doubt on the validity of rational choice theory; it has been … supplemented by many more papers in the last three and a half decades. Nevertheless, rational choice theory plays a crucial role in … classical and neoclassical economic theory, which presumes a completely rational agent. The central points characterizing such …
Persistent link: https://www.econbiz.de/10010261480