Showing 1 - 10 of 167
This thesis is a collection of papers that use survey data to analyze expectations about macroeconomic variables and … the way these expectations are formed. Using a new approach for modeling forecast errors in a structural way, we show that … and efficiency. We provide empirical evidence in favor of partial equilibrium models of the sticky information type that …
Persistent link: https://www.econbiz.de/10009429015
Life Cycle Cost Analysis provides a form of synopsis of the initial and consequential costs of building related decisions. These cost figures may be implemented to justify higher investments, for example, in the quality or flexibility of building solutions through a long term cost reduction. The...
Persistent link: https://www.econbiz.de/10009438368
All three articles in my dissertation gather information from individuals, analyze it, and aggregate that information … (provide the most useful information for each stakeholder), and more economically efficient (equally or more efficient and … created by polling the respondents on their expectations versus intentions. Expectation-based forecasts are more efficient …
Persistent link: https://www.econbiz.de/10009438764
impact of uncertainty and failed expectations induced by money leads to specific patterns of economic disruption. These …
Persistent link: https://www.econbiz.de/10009465939
It is known that overlapping generations models with imperfectly competitive firms may exhibit a continuum of stationary equilibria. The reason of this indeterminacy is that different price expectation functions of consumers lead to different objective demand functions against which firms...
Persistent link: https://www.econbiz.de/10009471633
frictions - information heterogeneity and imperfect competition among informed traders - and a public signal. We test these …
Persistent link: https://www.econbiz.de/10009476933
This research thesis is devoted to the analysis of sentiments and expectations in the system of economic markets with … from January 1991 to June 2010 to quantify sentiments, expectations and economically relevant variables and examine the … with economic variables like investments, incoming orders and stock market developments. The expectations, the assessment …
Persistent link: https://www.econbiz.de/10009480631
efficiency. This study shows the pitfalls of using university rankings to glean information on rankings of disciplines, or …
Persistent link: https://www.econbiz.de/10009482131
A recursive test procedure is suggested that provides a mechanism for testing explosive behavior, date stamping the origination and collapse of economic exuberance, and providing valid confidence intervals for explosive growth rates. The method involves the recursive implementation of a...
Persistent link: https://www.econbiz.de/10009483168
The European Union beef market regulation is largely influenced by the Common Agricultural Policy (CAP). With the 1992 CAP reform, there was a partial shift by the EU from product price support to a more direct form of income support by way of direct payments. For beef there was a move to direct...
Persistent link: https://www.econbiz.de/10009443856