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environment. This paper proposes, from a central banker's point of view, a synthesis of the main sources of uncertainty as well as … uncertainty and the choice of the selected loss function, the recommendations for monetary policy can be noticeably different …
Persistent link: https://www.econbiz.de/10008479237
synthesis of the main sources of uncertainty as well as an illustration of their effects within an analytical framework. In … particular, it shows that depending on the type of uncertainty and the choice of the selected loss function, the recommendations …
Persistent link: https://www.econbiz.de/10008800031
representation of bank risk, and is not more related to capital market pricing of risk in bank shares, than either net income … françaises durant la période 2005-2006 et testons le « risk-relevance » de ces trois mesures. Nous démontrons que la volatilité … performance and risk very differently, especially for companies with significant exposure to changes in fair values of financial …
Persistent link: https://www.econbiz.de/10008529652
Persistent link: https://www.econbiz.de/10003510813
We model the optimal behavior of the public decision-maker of an African country plagued by covid-19, with little fiscal room for maneuver and facing a health-economy dilemma. The model shows that a substantial part of the economic costs of covid-19 is due to a deficit in tropicalization of the...
Persistent link: https://www.econbiz.de/10015214875
This papers studies three questions. What do we know about criminals 'preferences ? How should we represent such preferences ? What are the consequences for law enforcement policies ?
Persistent link: https://www.econbiz.de/10015216652
À l’origine de cette thèse se trouve la question suivante : « Qu’est-ce qui rend possible et justifie que les licenciements économiques soient de plus en plus nombreux dans les entreprises en bonne santé ? » Autrement dit : « en quoi les décisions de licenciement sont-elles des...
Persistent link: https://www.econbiz.de/10015218367
Abstract: The decision theory under risk or uncertainty has for object to describe the behavior of agents facing … determine a satisfactory criteria to answer to the problem of decision under risk or uncertainty and to analyze the approach of … several uncertainty perspectives, waited that every agent is characterized by preferences that are him clean. As it is …
Persistent link: https://www.econbiz.de/10015223417
The decision theory under risk or uncertainty has object to describe the behaviour of agents facing several uncertainty … answer to the problem of decision under risk or uncertainty and to analyze the approach of these models. … (called as function value) constitutes a long time since the usual method of behaviour description in uncertainty. The …
Persistent link: https://www.econbiz.de/10015258648
The objective of this paper is to identify the determinants of household access to credit from tontines in Cameroon. We use a univariate probit model on a sample of households from the fourth Cameroonian household survey (ECAM IV) collected by the National Institute of Statistics in 2014. Thus,...
Persistent link: https://www.econbiz.de/10015268147