Results 1 to 10 of about 3,579,788 (304)

The Price of Stability of Weighted Congestion Games [PDF]

open access: yesSIAM Journal on Computing, 2019
We give exponential lower bounds on the Price of Stability (PoS) of weighted congestion games with polynomial cost functions. In particular, for any positive integer $d$ we construct rather simple games with cost functions of degree at most $d$ which have a PoS of at least $\varOmega(Φ_d)^{d+1}$, where $Φ_d\sim d/\ln d$ is the unique positive root of ...
Paul Spirakis   +2 more
exaly   +11 more sources

Single Monetary Policy, Inflation Targeting, Interest Rate Targeting and Bank Efficiency in the Euro Area: Panel Generalized Method of Moments Approach [PDF]

open access: yesIranian Journal of Accounting, Auditing & Finance, 2021
This study investigates the dynamic linkages between the efficiency of 126 selected banks and the Single Monetary Policy (SMP) defined by credit channel, interest rate channel, exchange rate channel, and price stability in 17 Euro area countries from ...
Ehsan Rajabi, Reza Sherafatian Jahromi
doaj   +1 more source

Inflation dynamics in South Africa: The role of public debt

open access: yesJournal of Economic and Financial Sciences, 2023
Orientation: Inflation targeting requires prudent fiscal policy to achieve desired results. Motivation for the study: Since the 2007–2008 financial crisis, fiscal authorities in South Africa have implemented an aggressive fiscal stimulus that has ...
Sinethemba D. Sangweni, Harold Ngalawa
doaj   +1 more source

Commenti a un recente studio di Modigliani e Padoa-Schioppa (Comments on a recent study by Modigliani and Padoa-Schioppa)

open access: yesMoneta e Credito, 2014
In a recent work, F. Modigliani and T. Padoa-Schioppa presented a theoretical framework in support of the widely diffused thesis among economic commentators regarding the existence of an inverse relationship between real wages and employment.
C. CASAROSA
doaj   +5 more sources

Uncertainty, Price Stabilization and Welfare [PDF]

open access: yesSouthern Economic Journal, 1991
This paper investigates whether a small country facing foreign price instability benefits from active stabilization of the domestic price of the importable. For example, the European Community can be treated as a small open economy facing price instability of agricultural products originating in the United States.
E. Kwan Choi, Stanley R. Johnson
openaire   +3 more sources

The Price of Stability for First Price Auction

open access: yes, 2023
Complement results from the earlier work "First Price Auction is 1-1/e^2 Efficient" (arXiv:2207.01761)
Yaonan Jin, Pinyan Lu
openaire   +3 more sources

Price clusters and stock price stability [PDF]

open access: yesRevista Eletrônica em Gestão, Educação e Tecnologia Ambiental, 2022
Understanding the factors affecting stock return volatility, for analysts, investors and company executives, it is critical. In this study, using a traditional approach, we identify the factors influencing volatility and how price friction is formed on stock price stability, and in particular, examining the clustering test for price increases.
Hamid Reza Kordlouie   +3 more
openaire   +2 more sources

Is Price Stability Enough? [PDF]

open access: yesSSRN Electronic Journal, 2006
No one in the industrial countries should now question the substantial economic benefits associated with reducing inflation from earlier, high levels. At the same time, history also teaches that the stability of consumer prices might not be sufficient to ensure macroeconomic stability.
openaire   +2 more sources

Value Added Tax and price stability in Nigeria: A partial equilibrium analysis

open access: yesEuropean Journal of Government and Economics, 2013
The economic impact of Value Added Tax (VAT) that was implemented in Nigeria in 1994 has generated much debate in recent times, especially with respect to its effect on the level of aggregate prices.
Marius Ikpe, Alwell Nteegah
doaj   +3 more sources

Invitation games and the price of stability [PDF]

open access: yesProceedings of the 5th conference on Innovations in theoretical computer science, 2014
Given an arbitrary 2-player game G that we refer to as the basic game, we propose a notion of a multiplayer invitation game that proceeds for a fixed number of rounds, where in each round some player (whose identity is determined by a scheduler) gets to invite a player of his choice to play a match of the basic game.
Uriel Feige, Moshe Tennenholtz
openaire   +2 more sources

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