Similar Search Results

Central Bank Conservatism and Labor Market Reform

Jordahl, Henrik; Laséen, Stefan - 1999

How does central bank conservatism affect labor market reform? In this paper we examine the economic forces at work. An increase in conservatism triggers two opposite effects. It reduces the inflation bias of discretionary monetary policy and hence the benefits of a reform. It also increases...

Persistent link: https://www.econbiz.de/10010321824

Wages, Unemployment, and the Underground Economy

Kolm, Ann-Sofie; Larsen, Birthe - 2001

While examining the macroeconomic effects of increased government control of the informal sector, this paper develops a two-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Different goods are produced in the formal sector and the informal sector,...

Persistent link: https://www.econbiz.de/10010321826

Turnover and Price in the Housing Market: Causation, Association or Independence?

Hallberg, Daniel; Johansson, Per - 2002

We give general conditions for the data generating process to facilitate the testing of structural dependence of turnover on the average (or median) price in the homogenous housing market. Furthermore, the implications of aggregation over sub-markets is studied. A plausible explanation of the...

Persistent link: https://www.econbiz.de/10010321828

A Median Voter Model of Health Insurance with Ex Post Moral Hazard

Jacob, Johanna; Lundin, Douglas - 2001

One of the main features of health insurance is moral hazard, as defined by Pauly (1968); people face incentives for excess utilization of medical care since they do not pay the full marginal cost for provision. To mitigate the moral hazard problem, a coinsurance can be included in the insurance...

Persistent link: https://www.econbiz.de/10010321829

Unilateral Actions the Case of International Environmental Problems

Brandt, Urs Steiner - 2003

When abatement costs are uncertain, but correlated, and a country becomes pri-vately informed that costs are low, then unilateral actions serve as a signalling devise to reveal low costs and unilateral actions have the potential to trigger positive responses abroad. However, the country engaging...

Persistent link: https://www.econbiz.de/10010321933

Økonomisk teorihistorie - Overflødig information eller brugbar ballast?

Olesen, Finn - 2002

Ofte fremhæves det, at økonomi som fagdisciplin har vundet videnskabelig sta-tus og progressivitet gennem specialisering (fra generalist til partiel ekspert) og anvendelse af en naturvidenskabelig inspireret metodologisk approach. Med en sådan udviklingstendens har økonomer da også i dag...

Persistent link: https://www.econbiz.de/10010321935

Review of Mathematical Programming for Coastal Land Use Optimization

Pongthanapanich, Tipparat - 2003

Persistent link: https://www.econbiz.de/10010321938

Moral Hazard Problems in Fisheries Regulation: The Case og Illegal Landings

Jensen, Frank; Vestergaard, Niels - 2000

This paper treats illegal landings as a moral hazard problem that arises, since individual catches are unobservable to society and hence private information. A tax/subsidy mechanism taking into account the asymmetric information problem is formulated as a solution to problems with illegal...

Persistent link: https://www.econbiz.de/10010321939

Robustness of Sharing Rules under Climate Change - The Case of International Fisheries Agreements

Brandt, Urs Steiner; Kronbak, Lone Grønbæk - 2006

Many international fisheries agreements involve sharing rules. The current pa-per analysis the stability of sharing rules when coping with long run changes in the composition of fish stocks in an international setting due to climate change. The exploitation of the cod stock in the Baltic Sea...

Persistent link: https://www.econbiz.de/10010321945

Fishery Economics and Game Theory

Grønbæk, Lone - 2000

Game theory is an analytical tool for modeling strategic interaction between agents. Strategic interaction in fishery … study on the fishery economics and game theory. It tends to describe how fishery models using game theory are build up … describes different types of fishery and how these types are related to game theory. Special features as externalities and …

Persistent link: https://www.econbiz.de/10010321949