Showing 1 - 10 of 175
point to define the money market and the general equilibrium mechanism of the economy. On this basis, this research seeks a … linking mechanism of the money market with economic activity in the general equilibrium framework. The relationships between … money supply and national outcome, inflation, and price level are studied in three cases: full-employment equilibrium …
Persistent link: https://www.econbiz.de/10013040920
is that the energy crisis has pushed the electricity price aboveits long-run equilibrium value.economic stagnation. The …-run equilibrium value. …
Persistent link: https://www.econbiz.de/10014391843
, we use a multi-market equilibrium displacement model to examine the impact of rising demand for organic produce on prices …
Persistent link: https://www.econbiz.de/10013326571
In this paper, we examine the ability of Fisher effect to describe the subjective behaviour of monetary policy responses for nations constrained by global factors. We developed and estimated a simple DSGE model for appraising the consequence of an integrated financial market predictor on...
Persistent link: https://www.econbiz.de/10012549169
Supporting ecological innovations and economic activities which lead to environmental protection is one of the important challenges to decision-makers. The above is related to the problem of specification of mechanisms resulting in introducing ecological innovations to the economy. The original...
Persistent link: https://www.econbiz.de/10012510211
of technology adoption at the long-term equilibrium and its comparison with the social optimum. We show that the First …
Persistent link: https://www.econbiz.de/10015101825
version of general equilibrium. Unlike Mittermaier, today, researchers on Walras and Pareto are blessed with the existence of … respective versions of the general equilibrium invisible hand. …
Persistent link: https://www.econbiz.de/10015427380
Pooled annuity products, where the participants share systematic and idiosyncratic mortality risks as well as investment returns and risk, provide an attractive and effective alternative to traditional guaranteed life annuity products. While longevity risk sharing in pooled annuities has...
Persistent link: https://www.econbiz.de/10013363078
Markov-Ketten haben bei der Modellierung von ökonomischen Sachverhalten eine Vielzahl von Anwendungen. In den Wirtschaftswissenschaften steht oft ein Portfolio von Markov -Ketten im Mittelpunkt des Interesses, z.B. das Kreditportfolio einer Bank oder das Vertragsportfolio einer Versicherung. In...
Persistent link: https://www.econbiz.de/10012885370
Purpose: Operational risks appear as the main threats of the modern world. Mistakes made by employees, an imperfect information systems or changes in the law can cause losses that businesses today are not even able to estimate. Therefore, in the face of widespread the asymmetry of information,...
Persistent link: https://www.econbiz.de/10013489498