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1“...Recent estimates of the output Euler equation for the United States indicate that the elasticity of aggregate demand to interest rates is not significantly...”
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2by Wigniolle, Bertrand“...This paper provides a detailed study of a simple life-cycle consumption model with quasi-hyperbolic discounting and an imperfect financial market. It gives a...”
01.08.2012
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3by Benchimol, Jonathan“...We propose a New Keynesian Dynamic Stochastic General Equilibrium (DSGE) model where a risk aversion shock enters a separable utility function. We analyze five...”
28.06.2012
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4“...Economic theory claims that contracts renegotiation prevents from reaching the informationally constrained efficient solution that could have been obtained...”
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5“...This paper analyses price competition in the case of two firms operating under constant returns to scale with more than one production factor. Factors are...”
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6“...We study the well-posedness of initial value problems for nonlinear functional differential-algebraic equations of mixed type. We are interested in solutions...”
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7“...In a recent article, Demichelis and Polemarchakis (2007) highlighted the role played by the frequency of trade on the degree of indeterminacy of equilibrium in...”
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8“...In a recent article, Demichelis and Polemarchakis (2007) highlighted the role played by the frequency of trade on the degree of indeterminacy of equilibrium in...”
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9“...We provide experimental evidence of workers' ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share...”
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10“...The bargaining power of international banks is currently still very high as compared to what it was at the time of the Bretton Woods conference. As a...”
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11“...The aim of this paper is to study the cross-sectional effects present in the market using a new framework based on graph theory. Within this framework, we...”
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12“...The promotion of Life Long Learning (LLL) has become a high priority in the economic and social agenda of OECD countries. It is considered as one of the corner...”
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13“...We provide experimental evidence of worker's ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share...”
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14“...We consider a life-cycle model with bequest motives, and assume that the individual does not know his/her survival probability and has maxmin utility...”
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15“...We use a firm production function approach to generate estimates of total factor productivity (TFP) and labor productivity in the manufacturing sector for a...”
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16“...By sorting independent random variables and considering the difference between two consecutive order statistics, we get random variables, called steps or...”
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17by Antoine, d'Autume“...We study the optimal extraction of two non-renewable resources when extraction costs depend on cumulative previous extraction. We first define a complete user...”
01.05.2012
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18“...The advent of the Internal Model Approval Process within Solvency II and the desirability of many insurance companies to gain approval has increased the...”
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19“...We study the convexity property of the set of arbitrage-free prices for a multi-period financial exchange economy. We provide sufficient conditions for the set...”
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20“...We provide a signal modality analysis to characterize and detect nonlinearity schemes in the US Industrial Production Index time series. The analysis is...”