Results 51 to 60 of about 13,799,325 (229)
Entrepreneurship and Financial Deregulation
International Economic Review, EarlyView.ABSTRACT We quantitatively analyze the impact of US banking deregulation in the 1980s on the aggregate economy. Using recent econometric techniques, we first reexamine existing empirical evidence on the real effects of banking deregulation. We then construct a quantitative model that integrates imperfectly competitive banks into a general equilibrium ...
Toshihiko Mukoyama, Gang Zhang
wiley +1 more source
A Horse Race of Machine‐Learning Methods to Predict Banking Crises
International Finance, EarlyView.ABSTRACT To examine if one machine‐learning model can consistently elucidate financial vulnerabilities, both over time and across levels of development, this paper applies 13 machine‐learning algorithms to evaluate comparative forecasting performance across several banking crises.
Emile du Plessis
wiley +1 more source
CBDC as Imperfect Substitute to Bank Deposits: A Macroeconomic Perspective
Journal of Money, Credit and Banking, EarlyView.Abstract The impact of Central Bank Digital Currency (CBDC) is analyzed in a closed‐economy model with monopolistic competition in banking and where CBDC is an imperfect substitute with bank deposits. The design of CBDC is characterized by its interest rate, its substitutability with bank deposits, and its relative liquidity.
PHILIPPE BACCHETTA, ELENA PERAZZI
wiley +1 more source
Imitators and Optimizers in Cournot Oligopoly [PDF]
, 2005 We analyze a symmetric n-firm Cournot oligopoly with a heterogeneous population of optimizers and imitators. Imitators mimic the output decision of the most successful firms of the previous round a l`a Vega-Redondo (1997).
Schipper, Burkhard C.
core +1 more source
COMPETITION AND LEADER-FOLLOWER INTERACTIONS: PANEL ESTIMATES ON INDONESIAN BANKING
Buletin Ekonomi Moneter dan Perbankan, 2016 This paper discusses banking competition and leader-follower relationship. Banking competition is investigated using some specification from Monti-Klein model that allows leader-follower (i.e.
Peter Abdullah +3 more
doaj +1 more source
A Model Of Cournot Competition With Lobbying
Journal of Business & Economics Research (JBER), 2013 Lobbyingplays an integral part in the American political process. This paper utilizesgame theory to examine the lobbying efforts of a duopoly that is competing fora government contract. We first examine a model with a general probabilityfunction and then solve a model with a specific probability function.
Yoav Wachsman, Jie Zhou
openaire +2 more sources
Aggregate Market Power: Measurement, Drivers, and Macroeconomic Effects
Journal of Economic Surveys, EarlyView.ABSTRACT This survey reviews the macroeconomic literature on market power, focusing on its measurement, determinants, and macroeconomic effects. It synthesizes evidence from concentration ratios, business dynamism indicators, and markup/markdown estimates, documenting a distinct change in trends since the 1980s, especially in the United States ...
Maria Alessandra Rossi
wiley +1 more source
Objective and subjective product differentiation in a Cournot duopoly
REMATCournot duopoly is a mathematical model of an imperfectly competitive market, where two profit maximizing firms simultaneously choose the quantities of product to produce, considering each other's behavior.
João Plínio Juchem Neto +2 more
doaj +1 more source
Quantity Precommitment and Cournot and Bertrand Models with Complementary Goods [PDF]
International Journal of Management, Accounting and Economics, 2017 This paper investigates Cournot and Bertrand duopoly models with complementary goods, where firms can enter into lifetime employment contracts with their respective workers as a strategic device.
Kazuhiro Ohnishi
doaj
Strategic Interaction and International Trade: The case of the Steel Industry
East Asian Economic Review, 2000 The purpose of this study is to analyze strategic interaction and intra-industry trade. We derive an oligopolistic model of intra-industry trade, which is initially proposed by Brander(1981).
Eui-Hyun Choi
doaj +1 more source