Zobrazeno 1 - 10
of 74
pro vyhledávání: '"Erotokritos Varelas"'
Publikováno v:
Journal of Economic Analysis. 2:37-54
Motivated by the Blackorby-Schworm (1993) observation that market outcomes may differ from those originating in market-actor optimization, this paper claims that the number of banks in the market is larger than the number justified by bank profit max
Publikováno v:
European Journal of Government and Economics, Vol 4, Iss 2, Pp 104-117 (2015)
Standard Macroeconomics treats animal spirits as a source of uncertainty disturbing otherwise rational expectations. But, Keynesian animal spirits ensue from suboptimal emotional responses to socioeconomic status change beyond matters of uncertainty.
Externí odkaz:
https://doaj.org/article/f0ea334d321b4686ab9e9a688a260d77
Publikováno v:
The Journal of Economic Asymmetries. 26:e00261
Publikováno v:
Review of Behavioral Finance. 11:23-35
PurposeThe purpose of this paper is to investigate, both theoretically and empirically, the relationship between optimism (pessimism) – as reflected by animal spirits – and money demand by taking into account transaction costs.Design/methodology/
Publikováno v:
International Journal of Financial Studies, Vol 4, Iss 4, p 25 (2016)
The stock beta coefficient literature extensively discusses the proper methods for the estimation of beta as well as its use in asset valuation. However, there are fewer references with respect to the appropriate time horizon that investors should ut
Externí odkaz:
https://doaj.org/article/0417f2ad4c89453aa7c71a6d01d67712
Publikováno v:
Economic Change and Restructuring. 50:211-238
This paper investigates the impact of different depreciation methods on the dynamic characteristics of the Greek regional net fixed capital series. Using annual data over the period from 1974 to 2006, Karpetis and Zikos (Int J Econ Res 11(2):333–35
Publikováno v:
Review of Economics. 68:41-62
This paper addresses the issue of impacts of the banking market structure on debt dynamics. Using a simple theoretical model, we analytically find a positive link between number of banks and growth rate of debt. By applying panel data analysis on a s
Publikováno v:
Economic Analysis and Policy. 53:129-139
This paper is based on cognitive psychology’s view of “curvilinear” optimism–pessimism and hence, contains a flavor of behavioral macroeconomics. The substructure of a real overlapping-generations business cycle model is assumed to be underli
Autor:
Erotokritos Varelas, Eleni Dalla
Publikováno v:
The Journal of Economic Asymmetries. 14:29-38
This paper attempts to investigate business cycles, assuming that both national income and the interest rate on loans are determined jointly in the product market and the banking sector. For this reason, a second order accelerator model in discrete t
Autor:
Erotokritos Varelas, Eleni Dalla
Publikováno v:
International Review of Economics Education. 21:48-60
This paper presents a discrete time version of Hillinger’s (1992,2005) second order accelerator model that investigates the dynamic behavior of capital, for pedagogical purposes. Such a version is put forward as a means of improving student acquain