Showing 501 - 510 of 536
In modeling expectation formation, economic agents are usually viewed as forming expectations adaptively or in accordance with some rationality postulate. We offer an alternative nonlinear model where agents exchange their opinions and information with each other. Such a model yields multiple...
Persistent link: https://www.econbiz.de/10005760539
affect the probabilities of different crash types, indicating interdependence. We show that in forecasting global crashes our …
Persistent link: https://www.econbiz.de/10004991149
This paper is about contagion and interdependence among Central European economies. It investigates the extent to which … country-specific shocks spread across these countries beyond the normal channels of interdependence, taking into account …
Persistent link: https://www.econbiz.de/10005819631
Regional free trade zones have been unexpectedly successful in the last decade. Since 1980 the European Community enlarged significantly its membership and its scope. It now includes southern European countries, and market-integrating features allowing goods, people, services and capital to flow...
Persistent link: https://www.econbiz.de/10005789897
Regional free trade zones have been unexpectedly successful in the last decade. Since 1980 the European Community enlarged significantly its membership and its scope. It now includes southern European countries, and market-integrating features allowing goods, people, services and capital to flow...
Persistent link: https://www.econbiz.de/10005790246
The paper provides an account of the current global economic situation, outlook and policy options. Medium-term prospects are mediocre and fraught with considerable downside risk. Fiscal and monetary policy options for the main industrial countries to improve global economic performance are...
Persistent link: https://www.econbiz.de/10005791563
Purpose – The purpose of this paper was to develop an indigenous understanding of work-family interface (WFI) that reflects the drastic changes and evolving social context in China over the past three decades and challenge the existing conceptualizations of WFI and identify societal impact of...
Persistent link: https://www.econbiz.de/10014848213
Purpose – Study of the interdependence among economies is of considerable importance. This area includes issues such as … literature of interdependence. The purpose of this paper is to review the major concepts and various measurements of … interdependence in financial markets and the real economy, serving as a reference and benchmark for future research on interdependence …
Persistent link: https://www.econbiz.de/10014866861
also required analysis of the impact of other concepts from behavioral sciences: interdependence, power and control …
Persistent link: https://www.econbiz.de/10014827092
simplified models of hypothetical economies, and has therefore failed to clarify the implications of interdependence for policy … the importance of spillover effects in policy design. The results indicate that interdependence has strong but asymmetric …
Persistent link: https://www.econbiz.de/10005656442