Zobrazeno 1 - 10
of 1 650
pro vyhledávání: '"jel:E61"'
Publikováno v:
The Scandinavian Journal of Economics. 123:60-83
This paper studies optimal monetary and fiscal policies in an economy à la Lucas and Stokey (1983) and Lagos and Wright (2005) with multiple cash and credit goods. We show that optimal policies are in general time inconsistent due to insufficient nu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::37bcea73f3d6b7795f9662ee40997323
https://doi.org/10.1111/sjoe.12399
https://doi.org/10.1111/sjoe.12399
Autor:
David L. Fuller, Stéphane Auray
Publikováno v:
Quantitative Economics
Quantitative Economics, Christopher Taber, 2020, 11 (3), pp.1059-1107. ⟨10.3982/QE940⟩
Quantitative Economics, 11(3), 1059-1107 (2020-07)
Quantitative Economics, Christopher Taber, 2020, 11 (3), pp.1059-1107. ⟨10.3982/QE940⟩
Quantitative Economics, 11(3), 1059-1107 (2020-07)
In this paper, we investigate the causes and consequences of “unclaimed” unemployment insurance (UI) benefits. A search model is developed where the costs to collecting UI benefits include both a traditional “fixed” administrative cost and an
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3af3be2dbc832d68276edce46fd38896
https://doi.org/10.3982/qe940
https://doi.org/10.3982/qe940
Autor:
Jost, Thomas, Seitz, Franz
The so-called Troika, consisting of the EU-Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF), was supposed to support the member states of the euro area which had been hit hard by a sovereign debt crisis. For that
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::81fc87768b3950c2b829d778f6844aae
https://hdl.handle.net/10419/230609
https://hdl.handle.net/10419/230609
Autor:
Alstadheim, Ragna
The purpose of the “counter-cyclical capital buffer” (buffer) is to dampen procyclicality in the financial system, absorb capital losses and prevent a credit crunch during recessions. In this paper, a stylized analytical expression for optimal bu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::c9d253dc6d930a6f93443712ce37729d
https://hdl.handle.net/11250/2835497
https://hdl.handle.net/11250/2835497
Autor:
Milivojevic, Lazar, Tatar, Balint
The authors examine the effectiveness of labor cost reductions as a means to stimulate economic activity and assesses the differences which may occur with the prevailing exchange rate regime. They develop a medium-scale three-region DSGE model and sh
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::4e9d58d81bf1f7eebda5afbe5e8b6984
http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/56449
http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/56449
Autor:
Eydam, Ulrich
Promoting the decarbonization of economic activity through climate policies raises many questions. From a macroeconomic perspective, it is important to understand how these policies perform under uncertainty, how they affect short-run dynamics and to
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::dbaa855170f2e88d81e9b22db547230c
Autor:
Martin Ellison, Charles Brendon
A well-known time-inconsistency problem hinders optimal decision-making when policymakers are constrained in their pesent choices by expectations of future outcomes. The time-inconsistency problem is caused by differences in the preferences of policy
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::9ecc9302f28ecad84cae3467227c072f
https://ora.ox.ac.uk/objects/uuid:f9bbdf7f-4d93-4c36-93cc-db812f8c6544
https://ora.ox.ac.uk/objects/uuid:f9bbdf7f-4d93-4c36-93cc-db812f8c6544
Autor:
Charles Brendon
This paper investigates how best to determine time-invariant policy rules in macroeconomic models with forward-looking constraints, where fully optimal policy is known to be time-inconsistent. It proposes a new 'coefficient optimisation' approach tha
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::cf3470f01d2167733480380c152b7c83
https://ora.ox.ac.uk/objects/uuid:56039219-0b89-4abb-a688-d5f96ccd010a
https://ora.ox.ac.uk/objects/uuid:56039219-0b89-4abb-a688-d5f96ccd010a
Autor:
Aldama, pierre, Creel, Jérôme
This paper presents empirical evidence of asymmetric fiscal policy along the business cycle, using a real-time panel data on 19 OECD countries. We estimate various specifications of fiscal policy rules, in which ex ante fiscal policy has two major ob
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3063::8cced5bd8cc01679018f3d467fb61eba
https://spire.sciencespo.fr/hdl:/2441/5a3rl1um0d9rdbe3itnk6f8m89
https://spire.sciencespo.fr/hdl:/2441/5a3rl1um0d9rdbe3itnk6f8m89
Publikováno v:
Актуальні проблеми економіки та управління : збірник наукових праць молодих вчених, 2020, Вип. 14
У статті розглянуто інновації як важливу ланку розвитку економіки України. Висвітлено понятійно-категоріальний апарат інновацій, акце
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______2635::8719a49c87cb8c186e8d7045054f98ec
https://ela.kpi.ua/handle/123456789/37700
https://ela.kpi.ua/handle/123456789/37700