Showing 1 - 10 of 532
This article studies the co-movement and dynamics between price movements and transactions in the housing market using …
Persistent link: https://www.econbiz.de/10010577882
The maximin criterion defines the highest utility level that can be sustained in an intergenerational equity perspective. The viability approach makes it possible to characterize all the economic trajectories sustaining a given, not necessarily maximal, utility level. In this paper, we exhibit...
Persistent link: https://www.econbiz.de/10010599369
allowing for the possible heterogeneity of savings behaviour across countries and for the inclusion of dynamics. It reviews the … econometric implications of neglected slope heterogeneity and dynamics for the fixed effects estimators routinely used in such … countries. The paper shows that neglecting heterogeneity and dynamics in cross-country savings regressions can lead to …
Persistent link: https://www.econbiz.de/10005113748
Persistent link: https://www.econbiz.de/10012040775
Media reports that a company behaves in a socially nonresponsible manner frequently result in consumer participation in a boycott. As time goes by, however, the number of consumers participating in the boycott starts dwindling. Yet, little is known on why individual participation in a boycott...
Persistent link: https://www.econbiz.de/10014501364
In terms of the number of signatories, one observes both large and small international environmental agreements. The theoretical literature, based on game theory, discusses different concepts and mechanisms for the stability of coalitions and has reached the conclusion that, under...
Persistent link: https://www.econbiz.de/10010312625
A model of different species competing for the same environment is presented, and possible explanations of peaceful coexistence or rather internecine conflicts are consequently derived. By means of a Lotka-Volterra dynamic system we describe the evolution of two populations (bees and locusts)...
Persistent link: https://www.econbiz.de/10010312652
We analyze a recent paper that claims that dollarizing an economy in the presence of a "dollar shortage" will provoke an immediate sharp reduction in real output and welfare. We find many problems with the model that supports this conclusion: confusion about the nature of a dollar shortage and...
Persistent link: https://www.econbiz.de/10014545992
This thesis examines a number of issues regarding the Mortensen-Pissarides search and matching model’s empirical performance. Chapter 1 documents the volatility puzzle with the Canadian data. The combined data from both Canada and the United States present an additional difficulty. Even if the...
Persistent link: https://www.econbiz.de/10009455203
constraints on stable/efficient architectures and on dynamics. …
Persistent link: https://www.econbiz.de/10010272444