Equilibrium and effects
Real Balance Effects, Timing and Equilibrium Determination
... balance effects and interest rate policy, a uniquely determined price level is associated with real money being a relevant state variable and, thus, with a history dependent evolution of equilibrium ...
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Real Balance Effects, Timing and Equilibrium Determination
... expectations equilibrium, i.e., the equilibrium displays nominal ...stable equilibrium sequences – a violation of the ...the equilibrium displays nominal indeterminacy, and the well-known ...
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Offshoring: General Equilibrium Effects on Wages, Production and Trade
... of effects including the impact of offshoring on the four theorem of Heckscher-Ohlin trade ...general equilibrium incidences on production, prices and wages are shown to be ambiguous in general and we ...
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Offshoring: General Equilibrium Effects on Wages, Production and Trade
... empirical effects of offshoring do not sit easily with simple partial equilibrium models that view one job shifted overseas as one job ...such effects requires a general equilibrium framework ...
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Offshoring: General Equilibrium Effects on Wages, Production and Trade
... Markusen (2005) works with a 2x2x2 HO model where one sector fragments, and he, like Deardorff, generates non-factor-price equalisation by assuming the two nation are in different diversification cones (i.e. their ...
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Distributional Effects in a General Equilibrium Analysis of Social Security
... II. Literature Review Feldstein’s (1974) seminal article on social security’s impact on national saving has, over the years, stimulated a plethora of related studies. The majority of these have been theoretical and ...
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A framework for separating individual treatment effects from spillover, interaction, and general equilibrium effects
... general equilibrium, spill-over, or interaction effects related to individual treatment ...interference effects between study ...the effects of book provision to high school students, ...
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The effects of macroeconomic institutions on economic performance in a general equilibrium model
... in equilibrium unions set their real wage as a constant mark-up over the marginal rate of substitution between consumption and leisure (see equation ...two effects exactly offset each other so that the ...
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The general equilibrium effects of fiscal policy: estimates for the euro area
... ∗∗ We benefited from comments by Alberto Alesina, Silvia Ardagna, Susanto Basu, Paul Cahu, Fabio Canova, Marco Del Negro, Rochelle Edge, Nicola Fuchs-Sch¨ undeln, Francesco Furlanetto, Jordi Gal´ı, Teresa Garc´ıa-Mil´a, ...
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A Search Equilibrium Approach to the Effects of Immigration on Labor Market Outcomes
... the effects of immigration on the native population in a search and matching model, where search frictions generate unemployment and break the link between marginal products and ...wage effects that come ...
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Playing the Fertility Game at Work: An Equilibrium Model of Peer Effects
... peer effects and the resulting multiplicity of equilibria, we are only able to accomplish this by focusing on a static ...run equilibrium of fertility decisions within each establishment, which means that ...
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General Equilibrium Effects of Lower Labor Tax Burden in Croatia
... established equilibrium is perturbed by lowering taxes on ...new equilibrium is established after the policy ...decisions effects in controlled condi- tions, without the need for “live” experiments ...
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Clustering in light nuclei and their effects on fusion and pre – equilibrium processes.
... Clustering in light nuclei and their effects on fusion and pre – equilibrium processes. Fabiana Gramegna 1 , , Magda Cicerchia 1 , 2 , , Daniela Fabris 3 , Tommaso Marchi 4 , Marco Cinausero 1 , Meltem ...
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General equilibrium effects of immigration in Germany: search and matching approach
... wage effects of immigration and is mostly based on the assumption of a competitive labour market with the marginal pricing of labour 1 ...general equilibrium effects and welfare changes in response ...
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Upping the ante: the equilibrium effects of unconditional grants to private schools
... Village level Resources.— Given our design preference for school level compar- isons, the grant amount was the same for all schools regardless of treatment arm. Therefore, grant per capita in a L village is necessarily ...
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Modeling Migration Effects on Agricultural Lands: A Growth Equilibrium Model
... This study introduces a system-of-equations model that integrates agricultural land use changes in a population and employment growth equilibrium modeling framework. The model has the potential to measure the ...
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The General Equilibrium Effects of Fiscal Policy: Estimates for the Euro Area
... general equilibrium model featur- ing a fraction of non-Ricardian agents in order to estimate the effects of fiscal policy in the Euro ...Keynesian effects of public ...The effects are more ...
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General equilibrium effects of cash transfers: experimental evidence from Kenya
... negative effects in terms of domestic violence, health, education, and local public ...spillover effects along a number of important dimensions, includ- ing consumption, is that RCTs of cash transfer ...
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On the Effects of Mergers on Equilibrium Outcomes in a Common Property Renewable Asset Oligopoly
... 4 Conclusion An important characteristic of oligopolistic quantity competition between players whose output is the product of the exploitation of a renewable asset under common property is that there exists a direct ...
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PRODUCTIVITY GROWTH EFFECTS ON OUTPUT AND WELFARE IN UZBEKISTAN: A GENERAL EQUILIBRIUM ANALYSIS
... general equilibrium model (CGE) for Uzbekistan economy presents support for the claim that the progress in the total factor productivity, including progress due to the structural liberalization processes, ...
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