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Trade and Capital Flows: A Financial Frictions Perspective

Caballero, Ricardo J.; Antras, Pol - 2007

Economics

Persistent link: https://www.econbiz.de/10009431898

Can the Policy Trilemma Be Exposited in the Mundell-Fleming Framework?

Boyer, Russell S. - 2006

There is a general recognition that there are deficiencies in the Mundell-Fleming model. Nonetheless, Rose [2000] has stated that Mundell was the first to exposit the Policy Trilemma, which identifies an intrinsic incompatibility among: high capital mobility, fixed exchange rates, and monetary...

Persistent link: https://www.econbiz.de/10009440668

Capital mobility and sudden stops: consequences and policy options

Auernheimer, Leonardo (contributor) - 2003

This dissertation attempts in three essays to contribute to the growing body of research on the problems associated with sudden stops of capital inflows, known to have been at the heart of many recent emerging market crises. It does this by developing basic models that can incorporate sudden...

Persistent link: https://www.econbiz.de/10009465089

Distributing the Benefits from the Commons

Silvestre, Joaquim - 1993

"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...

Persistent link: https://www.econbiz.de/10009468330

Foundations for Cooperation in Social Dilemmas

Ahn, Toh-Kyeong - 2001

"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...

Persistent link: https://www.econbiz.de/10009468335

Appropriation Externalities in the Commons: Theory and Experimental Evidence

Herr, Andrew - 1996

of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader …

Persistent link: https://www.econbiz.de/10009468337

Essays on Individual Behavior in Social Dilemma Environments: An Experimental Analysis

Dudley, Dean - 1993

"In this study, individual level behavior is investigated in the context of computer assisted voluntary contribution mechanism public good (VCM) provision experiments and common pool resource (CPR) appropriation experiments. Previous studies of these environments have concentrated on aggregate...

Persistent link: https://www.econbiz.de/10009468340

Salience and Its Implications for Common-Pool Resource Management in Scotland: A Tragedy of a Different Kind?

Brown, Katrina Myrvang; Slee, Bill - 2002

"In past contributions to CPR theory, the issue of salience/dependence on a resource has been flagged up as a one of a … high. However, cases do exist of CPRs in which this assumption does not hold, and consequently, related theory proves to be … into question the possibility and utility of constructing a coherent CPR meta-theory." …

Persistent link: https://www.econbiz.de/10009468341

Institutional Equilibrium and Equilibrium Institutions

Shepsle, Kenneth A. - 1983

"This theme paper focuses on political institutions and their effects on social choice. Institutions are argued to play a mediating rolebetween the preferences of individuals and social choices. In addition to playing an endogenous role in molding and channeling preferences, institutions...

Persistent link: https://www.econbiz.de/10009468358

Chaos on the Commons: Considering the Implications of Nonequilibrium Theory for Common Property Research

Morgan, Betty - 1995

"The rapidly emerging 'new science' of nonequilibrium systems theory may offer common property researchers and scholars …. Deriving from the dynamical holism of quantum physics, nonequilibrium theory engages the spontaneity, chaos, interrelatedness … paper explores the aspects of nonequilibrium theory which may be instructive in an expanded vision of common property …

Persistent link: https://www.econbiz.de/10009468365