Results 101 to 110 of about 180,057 (202)
AFD-An Architectural Language for Integral Modeling
Describing architectures of complex software systems using architectural languages is usually done through multiple viewpoints that enable the creation of views. While the creation of views enables the separation of stakeholders’ concerns with the
Stefan Tubic +3 more
doaj +1 more source
Delegation versus Communication in the Organization of Government [PDF]
When a government creates an agency to gather information relevant to policymaking, it faces two critical organizational questions: whether the agency should be given authority to decide on policy or merely supply advice, and what should the policy goals
Anders Olofsgård, Rodney D. Ludema
core
Dynamic inconsistency in great apes
When presented with the option of either an immediate benefit or a larger, later reward, we may behave impatiently by choosing instant gratification. Nonetheless, when we can make the same decision ahead of time and plan for the future, we tend to make ...
Laura Salas-Morellón +2 more
doaj +1 more source
The influence of social support and perceived stress on response time inconsistency. [PDF]
Phibbs S +5 more
europepmc +1 more source
Nominal Debt as a Burden on Monetary Policy [PDF]
We characterize the optimal sequential choice of monetary policy in economies with either nominal or indexed debt. In a model where nominal debt is the only source of time inconsistency, the Markov-perfect equilibrium policy implies the progressive ...
Giorgia Giovannetti +3 more
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Cheap Talk, Gullibility, and Welfare in an Environmental Taxation Game [PDF]
We consider a simple dynamic model of environmental taxation that exhibits time inconsistency. There are two categories of firms, Believers, who take the tax announcements made by the Regulator to face value, and Non-Believers, who perfectly anticipate ...
Christophe Deissenberg +2 more
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Time inconsistent environmental policy and optimal delegation [PDF]
Time consistency problems can arise when environmental taxes are employed to encourage firms to take irreversible abatement decisions. Setting a high carbon tax, for instance, would induce firms to invest in low-carbon technology, yet once investment has occurred the government can then reduce the carbon tax to better achieve other objectives; lower ...
Dieter Helm +2 more
openaire +2 more sources
On the Desirability of Fiscal Constraints in a Monetary Union [PDF]
The desirability of fiscal constraints in monetary unions depends critically on whether the monetary authority can commit to follow its policies. If it can commit, then debt constraints can only impose costs. If it cannot commit, then fiscal policy has a
Patrick J. Kehoe, V.V. Chari
core +3 more sources
Economic Policy in Stormy Waters: Financial Vulnerability in Emerging Economies [PDF]
I. Introduction II. Time Inconsistency III. The Origins of Financial Crises IV. The Nature of Financial Crises V. Emerging Bond Markets VI. National Economic Policy Proposals VII. International Economic Policy Proposals VIII.
Guillermo A. Calvo
core
The effects of macroeconomic institutions on economic performance in a general equilibrium model [PDF]
This paper analyzes the relation between inflation, output and government size by reexamining the time inconsistency of optimal monetary and fiscal policies in a general equilibrium model with staggered timing structure for the acquisition of nominal ...
Cuciniello Vincenzo
core

