Results 111 to 120 of about 167,357 (305)
Optimal Job Design and Information Elicitation
The RAND Journal of Economics, EarlyView.ABSTRACT When managers rely on their subordinates for local information but cannot commit to how such information is used, the incentives for effort and information elicitation become intertwined. This incentive problem influences the firm's job design decision, that is, whether to assign all tasks in a job to one worker (“individual assignment”) or ...
Arijit Mukherjee +2 more
wiley +1 more source
ASPECTS REGARDING THE GENERAL ECONOMIC BALANCE [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2017 The macroeconomic equilibrium expresses that state towards which the structures of the economy, the flows and the system interconnected by markets, characterized by a relative concordance of supply and demand, in their different segments. It is a state
NIȚESCU ALINA
doaj
The Theory and Measurement of Macroeconomic Disequilibrium in Centrally Planned Economies [PDF]
The paper considers issues in recent research on macroeconomic equilibrium in centrally planned economies. I defend the explicit aggregative , macroeconomic approach in theory, institutional relationships and measurement. It has offered a fresh, coherent
Richard Portes
core
(WP 2016-02) The Limits of Central Bank Forward Guidance under Learning [PDF]
, 2016 Central bank forward guidance emerged as a pertinent tool for monetary policymakers since the Great Recession. Nevertheless, the effects of forward guidance remain unclear.
Cole, Stephen J.
core +1 more source
Why Is Exclusivity in Broadcasting Rights Prevalent and Why Does Simple Regulation Fail?
The RAND Journal of Economics, EarlyView.ABSTRACT Pay‐TV firms compete both downstream to attract viewers and upstream to acquire broadcasting rights. Because profits inherited from downstream competition satisfy a convexity property, allocating rights to the dominant firm maximizes the industry profit.
David Martimort, Jerome Pouyet
wiley +1 more source
Macroeconomic Policies in the OECD and LDC External Adjustmemt [PDF]
In this paper, the authors describe a simulation model for analyzing the effects of macroeconomic policies in the OECD on global macroeconomic equilibrium.
Jeffrey Sachs, Warwick J. McKibbin
core
Development Lending and Debt Discipline: The Political Economy of External Finance in Brazil
Global Policy, EarlyView.ABSTRACT This article examines Brazil's External Financing Commission (COFIEX), a centralized body that approves all public‐sector external borrowing and exemplifies efforts in middle‐income democracies to reconcile fiscal restraint with the demands of strategic public investment.
Benjamin Vidmar, Felipe Krause
wiley +1 more source
Addiction, EarlyView.Abstract Aims Industry arguments against public health policies that reduce the consumption of unhealthy commodities often include the assertion that the policy will harm the economy by reducing production and costing jobs. However, this argument does not consider that consumers may spend money previously used for unhealthy commodity consumption on ...
Damon Morris +4 more
wiley +1 more source
Macroeconomics And Equilibrium
, 1982 This thesis consists of four essays, each of which is concerned with the relationship of General Equilibrium Theory to Macroeconomics. The first essay develops a classification scheme which arranges existing approaches to macroeconomics within a temporary equilibrium framework.
openaire +1 more source
Stock Market Equilibrium and Macroeconomic Fundamentals
IMF Working Papers, 1997 This paper examines the efficiency of the Stock Exchange of Singapore and the relationship between the stock market and the overall economy. Using a wide range of methods for testing market efficiency, the paper establishes that the Singapore stock market is both “weakly” and “semi-strongly” efficient in asset-pricing terms but not “strongly” efficient.
openaire +2 more sources