Results 231 to 240 of about 6,495 (249)

Is A Little Learning Dangerous?

open access: yesNoûs, EarlyView.
ABSTRACT I argue that a little learning is often dangerous even for ideal reasoners who are operating in extremely simple scenarios and know all the relevant facts about how the evidence is generated. More precisely, I show that, on many plausible ways of assigning value to a credence in a hypothesis H, ideal Bayesians should sometimes expect other ...
Bernhard Salow
wiley   +1 more source

The Economic Effects of ‘Excessive’ Financial Deepening

open access: yesOxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We study the causal implications of high levels of financial deepening for economic development and banking crises in a panel of countries over the past seven decades. We adopt a factor‐augmented heterogeneous difference‐in‐differences estimator and find, in contrast to the existing literature, that very high levels of financial development do
Rachel Cho   +2 more
wiley   +1 more source

The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission

open access: yesOxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We examine how labour market institutions shape monetary policy transmission in euro area countries. A theoretical model suggests that higher union density flattens the Phillips curve, amplifying output responses while dampening the inflation effects of monetary shocks. This is empirically confirmed using an interacted panel VAR.
Maximilian Boeck, Christian Glocker
wiley   +1 more source

Home - About - Disclaimer - Privacy