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the literature in the framework of the SEAMO (simultaneous English auction for multiple objects) don't have a counterpart … in the JAMO (Japanese auction for multiple objects). We show however that certain retaliatory equilibria do exist in both …
Persistent link: https://www.econbiz.de/10014034692
that bigger incumbents will acquire more spectrum in auction to pre-empt after-market competitors. We use novel data from …
Persistent link: https://www.econbiz.de/10014080384
This paper contributes to the existing literature on central bank repo auctions. It is based on a structural econometric approach, whereby the primitives of bidding behavior (individual bid schedules and bid-shading components) are directly estimated. With the estimated parameters we calibrate a...
Persistent link: https://www.econbiz.de/10012754119
This paper contributes to the existing literature on central bank repo auctions. It is based on a structural econometric approach, whereby the primitives of bidding behavior (individual bid schedules and bid-shading components) are directly estimated. With the estimated parameters we calibrate a...
Persistent link: https://www.econbiz.de/10013316900
Persistent link: https://www.econbiz.de/10001625333
Persistent link: https://www.econbiz.de/10001714425
responses even to a common shock. We augment a multi-country model of the euro area with search and matching framework that …
Persistent link: https://www.econbiz.de/10013492935
While a widespread consensus exists among macroeconomists that the German labour market reforms in 2003-2005 have successfully contributed to the decline of the unemployment rate, critics claim that the reforms led to wage restraint and consequently consumption dampening accompanied by...
Persistent link: https://www.econbiz.de/10010204043
This paper develops a multi-sectorial search and matching model with endogenous occupational choice in a context of …
Persistent link: https://www.econbiz.de/10011438027
, labor market matching efficiency, and labor market policies are associated with the incidence of long-term unemployment …
Persistent link: https://www.econbiz.de/10012545022