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Compliance Dynamics Generated by Social Interaction Rules
Lipatov, Vilen - 2014
We study compliance dynamics generated by a large set of behavioral rules describing social interaction in a population of agents facing an enforcement authority. When the authority adjusts the auditing probability every period, cycling in cheating-auditing occurs: Intensive monitoring induces...
Persistent link: https://www.econbiz.de/10010352407
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A Simple Model of Buyer-Seller Networks in International Trade
Herkenhoff, Philipp; Krautheim, Sebastian; Sauré, Philip - 2021
The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network. We propose a simplistic re-interpretation of the classical Krugman (1980) model that accounts for surprisingly many of the empirical regularities. This re-interpretation relies...
Persistent link: https://www.econbiz.de/10012599211
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Credibility and Transparency of Central Banks: New Results Based on Ifo's World Economicy Survey
Waller, Sandra; de Haan, Jakob - 2004
history of honesty and a high level of central bank independence. According to our respondents, the Federal Reserve is the …
Persistent link: https://www.econbiz.de/10010315933
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Market Reactions to Quest for Decentralization and Independence: Evidence from Catalonia
Galasso, Vincenzo - 2020
increases regulatory uncertainty regarding the bureaucratic and fiscal burdens on firms. Moreover, quests for independence … create political uncertainty. To evaluate economic costs and benefits for firms from decentralization or independence, we … analyze the Catalan-Spanish negotiation leading to the 2006 Catalan Statute and the more recent quest for independence. We use …
Persistent link: https://www.econbiz.de/10012214165