Results 131 to 140 of about 231,694 (263)
The Cross-Section of Output and Inflation in a Dynamic Stochastic General Equilibrium Model with Sticky Prices [PDF]
In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied.
Jörg Döpke +3 more
core
[Recommendations for ethical decision making regarding hospital visitation during the COVID-19 pandemic]. [PDF]
Rogge A +6 more
europepmc +1 more source
Incentives and the Delegation of Decision Making Power in Sovereign Wealth Funds [PDF]
The paper models the incentives of a politician to delegate the decision making power in a sovereign wealth fund to an independent external manager. It formalizes the learning-e¤ects as well as the increase of transparency of the SWF and the rise of ...
Artur Grigoryan
core
Inflation Targeting and Regional Inflation Persistence: Evidence from Korea [PDF]
The adoption of a credible monetary policy regime such as inflation targeting is known to reduce the persistence of inflation fluctuations. This conclusion, however, is derived from aggregate inflation or sectoral inflation rates, not from regional ...
Peter Tillmann
core
The Fed’s perceived Phillips curve: Evidence from individual FOMC forecasts [PDF]
This note uncovers the Phillips curve trade-off perceived by U.S. monetary policymakers. For that purpose we use data on individual forecasts for unemployment and inflation submitted by each individual FOMC member, which was recently made available for ...
Peter Tillmann
core
The Taylor Rule and Interest Rate Uncertainty in the U.S. 1970-2006 [PDF]
This paper shows how to estimate forecast uncertainty about future short-term interest rates by combining a time-varying Taylor rule with an unobserved components model of economic fundamentals.
Martin Mandler
core
Empirical Methods in the Analysis of Collusion [PDF]
Regression methods are commonly used in competition lawsuits for, e.g., determining overcharges in pricefixing cases. Technical evaluations of these methods' pros and cons are not necessarily intuitive.
Johannes Paha
core
Using Accounting Data in Cartel Damage Calculations – Blessing or Menace? [PDF]
Standard methods for calculating cartel-damages rely on data of prices charged and quantity sold. Such data may not easily be available. In this paper, it is shown that a lower bound for cartel-damages can also be computed from accounting data.
Johannes Paha
core

