Search Results - subject:"forward looking behaviour"

Regional general equilibrium modelling with forward-looking agents: An application to the 2014-2020 European structural regional investments

Crucitti, Francesca; Lecca, Patrizio; Monfort, Philippe; … - 2022

We investigate the effects of the 2014-20 European structural funds with a general equilibrium model calibrated on the NUTS 1 regions of the EU. We assume forward-looking agents to account for expectations and long-lasting effects of the policy. The almost €260 billion of investments lead the...

Persistent link: https://www.econbiz.de/10014471596

Regional general equilibrium modelling with forward-looking agents : an application to the 2014-2020 European structural regional investments

Crucitti, Francesca; Lecca, Patrizio; Monfort, Philippe; … - 2022

Persistent link: https://www.econbiz.de/10013457638

Quality provision in hospital markets with demand inertia : the role of patient expectations

Sá, Luís; Straume, Odd Rune - In: Journal of health economics 80 (2021), pp. 1-17

Persistent link: https://www.econbiz.de/10013179157

Housing booms and busts and local fiscal policy

Solé-Ollé, Albert; Viladecans-Marsal, Elisabet - 2017

This paper examines how local governments adjust their spending, savings and taxes in response to a temporary revenue windfall generated by a housing boom and how they cope with the inevitable shortfall that appears during the bust. We focus on Spanish local governments given the intensity of...

Persistent link: https://www.econbiz.de/10011581326

Housing booms and busts and local fiscal policy

Solé-Ollé, Albert; Viladecans Marsal, Elisabet - 2017

Persistent link: https://www.econbiz.de/10011580820

Housing booms and busts and local fiscal policy

Solé-Ollé, Albert; Viladecans Marsal, Elisabet - 2017

Persistent link: https://www.econbiz.de/10011795552

Evaluation of the New Keynesian Phillips Curve : evidence from the Euro Area and United States

Kim, Insu - In: Applied economics letters 25 (2018) 18, pp. 1306-1315

Persistent link: https://www.econbiz.de/10012135391

How Do Oil Shocks A¤ect the Structural Stability of Hybrid New Keynesian Phillips Curve?

Mardaneh, Somayeh - Department of Economics, Leicester University - 2012

every oil shock. In contrast, the CU-GMM estimates suggest the opposite: forward-looking behaviour becomes more important …-looking rule-of-thumb behaviour in both set of estimations. The standard GMM estimates suggest that although the forward-looking … behaviour is predominant in the period before the 1974 Oil Crisis, it loses ground against backward-looking behaviour after …

Persistent link: https://www.econbiz.de/10010583449

How do oil shocks affect the structural stability of hybrid new Keynesian Phillips curve? /Somayeh Mardaneh

Mardaneh, Somayeh - 2012

Persistent link: https://www.econbiz.de/10009670647

Forward Looking and Myopic Regional Computable General Equilibrium Models. How Significant is the Distinction?

Lecca, Patrizio; McGregor, Peter; Swales, Kim - Economics Department, University of Strathclyde - 2011

and its implication for the balance of payments. Though maintaining dynamic forward-looking behaviour for agents, the rate …

Persistent link: https://www.econbiz.de/10009368601