Results 111 to 120 of about 213,189 (217)
Aging and Immigration Policy in a Representative Democracy [PDF]
This paper analyzes how population aging affects immigration policy in rich industrialized countries. It sets up a two-period model of a representative democracy with two overlapping generations. The government’s preferred immigration rate increases with
Lena Calahorrano
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Federal Reserve Communications and Emerging Equity Markets [PDF]
Work on the impact of U.S. monetary policy on emerging financial markets mostly focuses on official federal funds rate announcements; empirical evidence using data on informal communication channels, such as speeches, is scant.
Ali M. Kutan +2 more
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The Heterogeneity of Default Costs: Evidence from Recent Sovereign Debt Crises [PDF]
This paper examines the costs of recent sovereign defaults using synthetic control methods, a novel econometric technique based on comparative case studies.
Markus Jorra
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Firing versus Continuing Employment if an Economic Setback is Expected [PDF]
A simple model evaluating a firm’s optimal employment reaction to an imminent recession is presented. Firing costs shelter employment – and this effect is typically amplified by uncertainty due to an option value of waiting.
Matthias Göcke
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Central Bank Communication and Correlation between Financial Markets: Canada and the United States [PDF]
We study the correlation between pairs of bond and stock markets in Canada and the United States between January 1998 and December 2009 in the framework of diagonal-BEKK models.
Bernd Hayo +2 more
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Politik auf der Straße? Zum Forschungsstand zu sozialen Bewegungen, Protest und Zivilgesellschaft. [PDF]
Z Vgl Polit, 2022 Weisskircher M.
europepmc +1 more source
The Effect of IMF Lending on the Probability of Sovereign Debt Crises [PDF]
This paper explores empirically how the adoption of IMF programs affects sovereign risk over the medium term. We nd that IMF programs signifcantly increase the probability of subsequent sovereign defaults by approximately 1.5 to 2 percentage points ...
Markus Jorra
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[Paraneoplastic rhabdomyolysis]. [PDF]
Inn Med (Heidelb)Schneider C, Faßbender P, Völker L.
europepmc +1 more source
Demystifying Sraffa’s Theory of Value in the Light of Arrow and Debreu [PDF]
This paper compares the models of Arrow and Debreu [1954] and Sraffa [1960], and concludes that (1) the models are informationally distinct conceptions of a capitalist economy, (2) they support radically distinct – though complete and entirely correct ...
Nadeem Naqvi
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