Zobrazeno 1 - 10
of 76
pro vyhledávání: '"L130"'
Publikováno v:
Journal of Innovation & Knowledge, Vol 7, Iss 3, Pp 100193- (2022)
We present an equilibrium model where the demand side of the market determines the strategic incentives of firms when considering the introduction of technologically superior products (TSPs) and the subsequent dynamic evolution of the market configur
Externí odkaz:
https://doaj.org/article/70a1470aa11248c09539f3d02e8adeac
Autor:
Aris Trantidis, Peter J. Boettke
Macroeconomic theories picture the economy as a phenomenon tractable by their analysis and thus manageable by macroeconomic policies guided by this analysis. This approach has withstood recurrent policy failures, competing theories and several change
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d99d9ddb6ebdd6cf9e9ba84deb1a4076
https://eprints.lincoln.ac.uk/id/eprint/50576/1/Trantidis-Boettke.pdf
https://eprints.lincoln.ac.uk/id/eprint/50576/1/Trantidis-Boettke.pdf
Autor:
Aleksandar Vasilev
PurposeThis paper aims to explore the effects of fiscal policy in an economy with efficiency wages, consumption taxes and a common income tax rate.Design/methodology/approachA dynamic general-equilibrium model with the government sector is calibrated
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::516a47c62370e00c5cdf54bd3b49abb0
https://eprints.lincoln.ac.uk/id/eprint/51864/1/optimal_fiscal_policy_efficiency_wages_IJSE_accepted.pdf
https://eprints.lincoln.ac.uk/id/eprint/51864/1/optimal_fiscal_policy_efficiency_wages_IJSE_accepted.pdf
Autor:
Aleksandar Vasilev
PurposeThis paper explores the effects of fiscal policy in an economy with reciprocity in labor relations and fair wages, consumption taxes and a common income tax rate in place.Design/methodology/approachTo this end, a dynamic general-equilibrium mo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9e0b2756acaf18a070df797f69b16797
https://eprints.lincoln.ac.uk/id/eprint/50332/1/optimal_fiscal_policy_reciprocity_accepted_2022.pdf
https://eprints.lincoln.ac.uk/id/eprint/50332/1/optimal_fiscal_policy_reciprocity_accepted_2022.pdf
Publikováno v:
Journal of Central Banking Theory and Practice, Vol 10, Iss 2, Pp 57-86 (2021)
This paper presents an overview of the channels of monetary transmission and their manifestation in Bulgaria – a country in a currency board arrangement – in the first five years after the introduction of the regime. The presence of such a mechan
Autor:
Vasilev, Aleksandar
Stochastic shocks to aggregate labor supply elasticity are introduced into a real-business-cycle setup augmented with a detailed government sector. The model is calibrated to Bulgarian data for the period following the introduction of the currency bo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_________5::80ff314801eda7890c5a0d07cf5cd381
https://eprints.lincoln.ac.uk/id/eprint/49303/1/stochastic_labor_supply_elasticity_RBC_accepted_JEE_may2022.pdf
https://eprints.lincoln.ac.uk/id/eprint/49303/1/stochastic_labor_supply_elasticity_RBC_accepted_JEE_may2022.pdf
Autor:
Aleksandar Vasilev
Publikováno v:
National Accounting Review, Vol 2, Iss 3, Pp 285-296 (2020)
A stochastic discount factor is introduced into a real-business-cycle setup with a government sector. The model is calibrated to Bulgarian data for the period 1999–2018, which is after the introduction of the currency board arrangement. The quantit
Autor:
Aleksandar Vasilev
Publikováno v:
Journal of Economics and Development. 23:34-46
PurposeThe authors introduce non-Ricardian (“hand-to-mouth”) myopic agents into an otherwise standard real-business-cycle (RBC) setup augmented with a detailed government sector. The authors investigate the quantitative importance of the presence
Autor:
Aleksandar Vasilev
Publikováno v:
Macroeconomics and Finance in Emerging Market Economies. 14:126-141
We introduce government investment into a real-business-cycle setup. We calibrate the model to Bulgarian data for the period 1999-2018. We then proceed to quantitatively evaluate the effect of the public capital accumulation channel as a tool for bus
Autor:
Aleksandar Vasilev
Publikováno v:
Problems of Economic Transition. 62:133-146
This article compares and contrasts exogenous (observed) and optimal fiscal policy in an economy with Epstein–Zin (1989, 1991) preferences, with consumption tax, and with a common income tax, using a dynamic general-equilibrium model, calibrated fo