Zobrazeno 1 - 10
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pro vyhledávání: '"Davila Muro, Julio"'
Autor:
Davila Muro, Julio
The fact that some private capital eventually slides into the public do- main (e.g. taxes on household savings and income channeled to public infrastructures, or R+D investments as patents expire) inefficiently distorts downwards the capital accumula
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1493::ad3d17a8f26c48bc4b8ee73f95f9f617
https://hdl.handle.net/2078.1/179163
https://hdl.handle.net/2078.1/179163
Autor:
Dao, Nguyen Thang, Davila Muro, Julio
This paper proposes a new mechanism linking technology, the gender gap in education, and fertility in a growth model in order to explain the long run transition from stagnation to modern sustained growth, through the demographic transition, and the a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1493::f90ee4e2d39a2d8cb4609e2ca1b33804
https://hdl.handle.net/2078.1/165181
https://hdl.handle.net/2078.1/165181
Autor:
Davila Muro, Julio
Rational expectations do not require beliefs to be consistent with history and with what agents can conclude from it. Actually, at a rational expectations equilibrium agents may hold beliefs that explain poorly the history they observe, even when res
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1493::1c3cdb9fa92393b88199261c40165537
https://hdl.handle.net/2078.1/152305
https://hdl.handle.net/2078.1/152305
Autor:
Davila Muro, Julio
The impact that output has on future total factor productivity —i.e. the dynamic complementarities shown to be empirically relevant in Cooper and Johri (1997)— is not internalized by competitive agents. As a result, the allocation that a planner
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1493::ba070c08eb7a96f7f6b09da9176ec2d4
https://hdl.handle.net/2078.1/152298
https://hdl.handle.net/2078.1/152298
Autor:
Dao, Nguyen Thang, Davila Muro, Julio
We consider in this paper overlapping generations economies with pollution resulting from both consumption and production. The competitive equilibrium steady state is compared to the optimal steady state from the social planner's viewpoint. We show t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1493::f2097feb0359855db33efbe17f26dfa3
https://hdl.handle.net/2078.1/78970
https://hdl.handle.net/2078.1/78970
Autor:
Davila Muro, Julio
If raising and educating children is a private cost to households, while the availability of skilled labor supply resulting from the households’ fertility and education choices is a public good, then competitive equilibria typically deliver a subop
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1493::63624f9b52089c9e00a59bf57e4fce5f
https://hdl.handle.net/2078.1/95753
https://hdl.handle.net/2078.1/95753
In an overlapping generations economy setup we show that, if individuals can improve their life expectancy by exerting some effort, costly in terms of either resources or utility, the competitive equilibrium steady state differs from the first best
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1493::18d8aa0363035ac094cb1194831d5f09
https://hdl.handle.net/2078.1/28519
https://hdl.handle.net/2078.1/28519
Autor:
Davila Muro, Julio
This paper establishes, in the context of the Diamond (1965) overlapping generations economy with production, that the risk that savings in unbacked assets (like fat money or public debt) become worthless implies that, not only the first-best steady
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1493::832d1803e2bd45d58a1f7bb85607cb82
https://hdl.handle.net/2078.1/29018
https://hdl.handle.net/2078.1/29018
Autor:
Davila Muro, Julio
I show in this paper that in an overlapping generations economy with production à la Diamond (1970) in which the agents can only save in terms of capital (i.e. with no asset bubbles à la Tirole (1985) or public debt as in Diamond (1965)), there is
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1493::84a7bb886ecf578abff471c47a2c15db
https://hdl.handle.net/2078.1/20827
https://hdl.handle.net/2078.1/20827
Autor:
Jagielnicka, Katarzyna
In light of the increasing amount of interconnections and interdependencies between countries and firms the nature of markets and their interactions has undoubtedly changed a lot during the past decades. Thus, the problem of efficient and fair compet
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1493::cebfe82e4fe8f7544e8670b7ca6a58c8
https://hdl.handle.net/2078.1/thesis:10509
https://hdl.handle.net/2078.1/thesis:10509