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Displaying results 51 to 75 of 108.

  1. Local farsightedness in network formation
    Author: De Callataÿ, Pierre; Mauleon, Ana; Vannetelbosch, Vincent J.
    Published: [2023]
    Publisher:  CORE, Louvain-la-Neuve

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    Series: LIDAM discussion paper CORE ; 2023, 03
    Subjects: networks; local farsightedness; stability
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  2. Quota adjustment process
    Author: Kumano, Taro; Kurino, Morimitsu
    Published: 22 November, 2022
    Publisher:  Institute for Economic Studies, Keio University, Tokyo, Japan

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    Series: KEIO-IES discussion paper series ; DP2022, 016 (22 November, 2022)
    Subjects: quota adjustment process; stability; deferred acceptance mechanism; effciency; quota-adjustment stable improvement cycles
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  3. Stable streaming platforms
    a cooperative game approach
    Author: Schlicher, Loe; Dietzenbacher, Bas; Musegaas, Marieke
    Published: [2023]
    Publisher:  Maastricht University School of Business and Economics, Graduate School of Business and Economics, Maastricht, The Netherlands

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    Series: [Research memorandum] / Maastricht University School of Business and Economics, Graduate School of Business and Economics (GSBE) ; RM/23, 001
    Subjects: streaming platforms; stability; cooperative game theory; core
    Scope: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  4. How important are IEAs for mitigation if countries are of the homo moralis type?
    Author: Eichner, Thomas; Pethig, Rüdiger
    Published: March 2024
    Publisher:  CESifo, Munich, Germany

    We analyze international environmental agreements in a two-stage game when governments have homo moralis preferences à la Alger and Weibull (2013, 2016). The countries base their decisions on the material payoff obtained on the hypothesis that all... more

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    We analyze international environmental agreements in a two-stage game when governments have homo moralis preferences à la Alger and Weibull (2013, 2016). The countries base their decisions on the material payoff obtained on the hypothesis that all other countries act as they with predetermined probability. They are assumed to act morally w.r.t. both membership and emissions. We investigate the interaction and impact of that moral behavior on coalition formation and material payoff. The membership morality tends to increase while the emissions morality tends to decrease the coalition size, but the outcome is not smoothly determined by these opposite forces.

     
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    hdl: 10419/296129
    Series: CESifo working papers ; 11040 (2024)
    Subjects: IEA; stability; homo moralis; emissions morality; membership morality
    Scope: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  5. Beyond truth-telling
    a replication study on school choice
    Author: Andersson, Tommy; Kessel, Dany; Lager, Nils; Olme, Elisabet; Reese, Simon
    Published: January 2024
    Publisher:  Department of Economics, School of Economics and Management, Lund University, Lund

    4207 In a recent paper, Fack et al. (2019, American Economic Review) convincingly argue and theoretically demonstrate that there may be strong incentives for students to play non-truth-telling strategies when reporting preferences over schools, even... more

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    4207 In a recent paper, Fack et al. (2019, American Economic Review) convincingly argue and theoretically demonstrate that there may be strong incentives for students to play non-truth-telling strategies when reporting preferences over schools, even when the celebrated deferred acceptance algorithm is employed. Their statistical test also rejects the (weak) truth-telling assumption in favour of another assumption, called stability, using a single data set on school choice in Paris. This paper uses Swedish school choice data and replicates their empirical finding in 52 of the 58 investigated data sets (P-value threshold 0.05).

     
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    Series: Working paper / Department of Economics, Lund University ; 2024, 1
    Subjects: school choice; deferred acceptance algorithm; truth-telling; stability; replication study
    Scope: 1 Online-Ressource (circa 13 Seiten)
  6. The elephant in the other room
    Author: Veneziani, Roberto; Skillman, Gilbert L.
    Published: [2024]
    Publisher:  School of Economics and Finance, Queen Mary University of London, London

    Fabio Petri's Microeconomics for the Critical Mind (2021) is an impressive tour de force in the field of microeconomic theory. It manifests the author's command of cutting edge analytical tools, concepts, and theoretical approaches both in the... more

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    Fabio Petri's Microeconomics for the Critical Mind (2021) is an impressive tour de force in the field of microeconomic theory. It manifests the author's command of cutting edge analytical tools, concepts, and theoretical approaches both in the mainstream and in the heterodox literature. The book aims to show that the neo-Ricardian approach, as augmented by the Keynesian/Kaleckian account of demand-constrained equilibrium, is a viable -- indeed, superior -- alternative to mainstream theory. While the book is effective in identifying current shortcomings of mainstream equilibrium and welfare analysis (many of which were first identified in the mainstream literature), it does not provide a rigorous demonstration that these or related difficulties are clearly avoided by the surplus approach, or that the latter is completely consistent with phenomena such as persistent unemployment. This is primarily a consequence of Petri's central distinction between "core" and "out-of-core" analysis, which offers no unified or clearly articulated basis for deriving or characterizing general equilibrium outcomes. In lieu of such foundations, Petri discusses a portfolio of analytically unconnected formal and informal narratives, some of which rely on the very theoretical constructs that he criticizes the mainstream for employing.

     
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    hdl: 10419/284323
    Edition: This draft: 12 September 2023
    Series: Working paper / School of Economics and Finance, Queen Mary University of London ; no. 973 (February 2024)
    Subjects: economic theory; general equilibrium; stability; normative economics
    Scope: 1 Online-Ressource (circa 36 Seiten)
  7. Using high-dimensional corporate governance variables to predict firm performance
    Author: Nicholas, Benes; Ben, Garton; Daisuke, Myakawa; Junichi, Yamanoi
    Published: [2024]
    Publisher:  RIETI, [Tokyo, Japan]

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    Series: RIETI discussion paper series ; 24-E, 030 (February 2024)
    Subjects: corporate governance; total shareholder return; LASSO; stability; quantitative impacts; prediction; investment strategy
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  8. From linear to nonlinear: rethinking inflation dynamics in the Calvo pricing mechanism
    Author: Marsal, Ales; Rabitsch, Katrin; Kaszab, Lorant
    Published: September 2023
    Publisher:  Vienna University of Economics and Business, Wien

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    Series: Department of Economics working paper / Vienna University of Economics and Business ; no. 350
    Subjects: Determinacy; stability; price dispersion; monetary policy; nonlinear solution methods; macro-finance
    Scope: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  9. Student-optimal interdistrict school choice
    district-based versus school-based admissions
    Author: Ehlers, Lars H.
    Published: [2022]
    Publisher:  [Départment de Sciences Économiques, Université de Montréal], [Montréal]

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    hdl: 1866/27761
    Series: [Cahier de recherche] / [Département de Sciences Économiques, Université de Montréal] ; [no. 2022, 11]
    Subjects: interdistrict; school choice; strategy-proofness; stability; (constrained) efficiency
    Scope: 1 Online-Ressource (circa 20 Seiten)
  10. On equilibrium in monopolistic competition with endogenous labor
    Author: Kushnir, Alexey; Tarasov-Rodionov, Aleksandr Ignatʹevič; Zubrickas, Robertas
    Published: June 2020
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    We consider a model of monopolistic competition with several heterogeneous sectors and endogenous labor supply. For low (high) values of the labor supply elasticity, we show that there is always a unique equilibrium. For medium values of the labor... more

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    We consider a model of monopolistic competition with several heterogeneous sectors and endogenous labor supply. For low (high) values of the labor supply elasticity, we show that there is always a unique equilibrium. For medium values of the labor supply elasticity, the set of equilibria (if non-empty) can comprise of several equilibria, with the number of equilibria bounded by the number of sectors.

     
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    hdl: 10419/223432
    Series: CESifo working paper ; no. 8360 (2020)
    Subjects: labor elasticity; multiple equilibria; stability
    Scope: 1 Online-Ressource (circa 10 Seiten)
  11. State(s) of negotiation
    drivers of forced migration governance in most of the world
    Author: Müller-Funk, Lea; Fröhlich, Christiane; Bank, André
    Published: [2020]
    Publisher:  German Institute of Global and Area Studies (GIGA), Hamburg, Germany

    Between normative aspirations and national interests, forced migrants often become pawns in host states' negotiations with internal and external actors. Focusing on North Africa, the Middle East, and the Horn of Africa, this paper offers an... more

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    Between normative aspirations and national interests, forced migrants often become pawns in host states' negotiations with internal and external actors. Focusing on North Africa, the Middle East, and the Horn of Africa, this paper offers an analytical framework to better understand forced migration governance across space and time from a more global, pluralist perspective in a logic of iterative theory-building. We hypothesise that some drivers of forced migration governance are distinct from drivers of migration governance - for example, global policy and conceptions of humanitarian norms and principles play a larger role in the former. We hypothesise that while forced migration governance is negotiated around humanitarian principles, in which international actors, externalisation, and civil society play a crucial role, it also functions as a regime strategy and is driven by certain characteristics of forced migrant groups, including size and perceived identity proximity. Finally, forced migration governance is characterised by strong path dependency.

     
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    Series: GIGA working papers ; no 323 (August 2020)
    GIGA Research Programme: Peace and Security
    Subjects: Vertreibung; Zuwanderer; Governance; Ursache; Theoriebildung; migration governance; forced migration; stability; Middle East; North Africa; Horn of Africa; regime strategy; crisis
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  12. Coalition-proof stable networks
    Author: Luo, Chenghong; Mauleon, Ana; Vannetelbosch, Vincent J.
    Published: [2020]
    Publisher:  CORE, Louvain-la-Neuve

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    hdl: 2078.1/229822
    Series: CORE discussion papers ; 2020, 18
    Subjects: networks; stability; group deviations; coalition-proofness; existence and efficiency; farsightedness
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  13. Coordination on networks with farsighted and myopic agents
    Author: Mauleon, Ana; Schopohl, Simon; Taalaibekova, Akylai; Vannetelbosch, Vincent J.
    Published: [2020]
    Publisher:  CORE, Louvain-la-Neuve

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    Series: CORE discussion papers ; 2020, 19
    Subjects: networks; coordination problems; stubborn players; farsighted players; stability
    Scope: 1 Online-Ressource (circa 36 Seiten)
  14. Equal opportunities in many-to-one matching markets
    Author: Moramarco, Domenico; Salman, Umutcan
    Published: 2023 July
    Publisher:  ECINEQ, Society for the Study of Economic Inequality, [Verona]

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    Series: Working paper series / ECINEQ, Society for the Study of Economic Inequality ; 649 (2023)
    Subjects: many-to-one matching; equality of opportunity; rotation; stability
    Scope: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  15. The fundamental properties, stability and predictive power of distributional preferences
    Author: Fehr, Ernst; Epper, Thomas; Senn, Julien
    Published: October 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy parsimony. How much parsimony do we need to give up to capture the fundamental aspects of a... more

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    Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy parsimony. How much parsimony do we need to give up to capture the fundamental aspects of a population's distributional preferences and to maintain high predictive ability? Using a Bayesian nonparametric clustering method that makes the trade-off between parsimony and descriptive accuracy explicit, we show that three preference types - an inequality averse, an altruistic and a predominantly selfish type - capture the essence of behavioral heterogeneity. These types independently emerge in four different data sets and are strikingly stable over time. They predict out-of-sample behavior equally well as a model that permits all individuals to differ and substantially better than a representative agent model and a state-of-the-art machine learning algorithm. Thus, a parsimonious model with three stable types captures key characteristics of distributional preferences and has excellent predictive power.

     
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    Series: Discussion paper series / IZA ; no. 16535
    Subjects: distributional preferences; altruism; inequality aversion; preference heterogeneity; stability; out-of-sample prediction; parsimony; Bayesian nonparametrics
    Scope: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  16. The fundamental properties, stability and predictive power of distributional preferences
    Author: Fehr, Ernst; Epper, Thomas; Senn, Julien
    Published: October 2023
    Publisher:  CESifo, Munich, Germany

    Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy parsimony. How much parsimony do we need to give up to capture the fundamental aspects of a... more

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    Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy parsimony. How much parsimony do we need to give up to capture the fundamental aspects of a population's distributional preferences and to maintain high predictive ability? Using a Bayesian nonparametric clustering method that makes the trade-off between parsimony and descriptive accuracy explicit, we show that three preference types-an inequality averse, an altruistic and a predominantly selfish type-capture the essence of behavioral heterogeneity. These types independently emerge in four different data sets and are strikingly stable over time. They predict out-of-sample behaviour equally well as a model that permits all individuals to differ and substantially better than a representative agent model and a state-of-the-art machine learning algorithm. Thus, a parsimonious model with three stable types captures key characteristics of distributional preferences and has excellent predictive power.

     
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    Series: CESifo working papers ; 10727 (2023)
    Subjects: distributional preferences; altruism; inequality aversion; preference heterogeneity; stability; out-of-sample prediction; parsimony; Bayesian nonparametrics
    Scope: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  17. Climate change and banking sector (in)stability in Kenya
    a vulnerability assessment
    Author: Kimundi, Gillian; Wambui, Reuben
    Published: May 2023
    Publisher:  Kenya Bankers Association, Nairobi

    This paper offers a climate change vulnerability assessment of the Kenyan banking sector by examining the time-varying linkages of climate risk drivers, economic sectors that get impacted by a disorderly low-carbon transition (climate policy relevant... more

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    This paper offers a climate change vulnerability assessment of the Kenyan banking sector by examining the time-varying linkages of climate risk drivers, economic sectors that get impacted by a disorderly low-carbon transition (climate policy relevant sectors (CPRSs)), and banking sector stability. We use temperature and precipitation climate data, identify 5 CPRSs and their quarterly outputs, construct a banking sector stability index, and examine the time-varying linkages of these variables. Effectively, we assess the response of banking sector stability to sectoral output shocks arising from physical and transition risks. Three important findings emerge: First, the agriculture sector is the sole channel of physical climate risk transmission. Second, manufacturing and utilities sectors are becoming increasingly critical/significant channels for transmitting transition risks. Third, during the COVID-19 era, all CPRSs have become increasingly linked to banking sector stability, effectively exacerbating the transmission of climate risks to the banking sector.

     
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    Series: KBA Centre for Research on Financial Markets and Policy working paper series ; WPS, 23, 03 = 66
    Subjects: climate change; climate risk drivers; climate policy relevant sectors (CPRS); banking sector; stability
    Scope: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  18. Shrinking spaces in the Middle East and North Africa
    supporting civil society resilience
    Author: Saliba, Ilyas
    Published: 2023
    Publisher:  German Institute of Development and Sustainability (IDOS) gGmbH, Bonn

    Civil society organisations (CSOs) in the Middle East and North Africa (MENA) face mounting challenges, especially in authoritarian states, where they encounter closures, persecution and smear campaigns. Consequently, their crucial work in advancing... more

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    Civil society organisations (CSOs) in the Middle East and North Africa (MENA) face mounting challenges, especially in authoritarian states, where they encounter closures, persecution and smear campaigns. Consequently, their crucial work in advancing human rights, good governance and inclusive human development is increasingly stifled and criminalised. Activists and professionals linked to CSOs also endure surveillance and persecution. This should worry European policymakers since a vibrant and free civil society in MENA is in their interest, as it is key for human development. This policy brief proposes seven ways for development cooperation to protect CSOs in authoritarian regimes in the MENA and beyond. European foreign and development policies in the MENA region have led to governmental partnerships that often sustain authoritarian regimes at the expense of citizens’ rights, for instance on migration (Francavilla, 2023; Grimm & Roll, 2023). Although substantial humanitarian aid reaches conflict zones, one of the root causes of the continuing political violence and conflicts - absence of accountable democratic governments – remains inadequately addressed (Barakat & Fakih, 2021). To avoid further empowering authoritarian rule in the region, European policymakers should reassess their multi- and bilateral governmental cooperation. The prevalent assumption amongst many policymakers that the incumbent authoritarian regimes in MENA can provide political stability needs to be discarded. The stability paradigm guiding European relations with the Arab World should instead be replaced with a do-no-harm approach. Although “do no harm” is a core principle of European development cooperation policy, it often is ignored in practice or trumped by other interests (Leininger, 2023). Development cooperation benefitting citizens must prioritise inclusive human development through cooperation with a wide range of actors, including elected state bodies, independent media and watchdog CSOs (Rutzen, 2015). This policy brief develops seven recommendations for European policymakers in development cooperation. The first step is to overcome the prevalent stability-through-cooperation paradigm to prevent further negative effects on human rights, democracy and civil society. Therefore, it is important that European policymakers recognise these authoritarian regimes’ unwillingness to implement reforms that would reduce their control over political institutions. Second, it remains crucial that policymakers acknowledge the increasingly shrinking space for critical voices in civil society. Third, governments and regional organisations should give CSOs a voice at international summits and in international organisations to increase the visibility of their demands and show support for oppressed voices. Fourth, European development cooperation professionals should establish flexible crisis funding lines for at-risk CSOs and their staff. Fifth, at-risk journalists, activists or human rights defenders (HRDs) need access to fast-track visa programmes to ensure they can continue their work from abroad when the authorities want to silence them. Sixth, European development cooperation profession-als should continue to support marginalised voices and groups and push for more inclusive governance. Lastly, European governments should limit arms exports to authoritarian regimes.

     
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    hdl: 10419/279679
    Series: IDOS policy brief ; 2023, 17
    Subjects: civil society; democracy; autocracy; Shrinking Space; North Africa; Middle East; Repression; promotion of democracy; stability; Good Governance; rule of law; arms supply; human rights
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    Dokument gelöscht auf Wunsch der Autor:in bzw. der Herausgeber:in am: 06.11.2023
  19. Shrinking spaces in the Middle East and North Africa
    supporting civil society resilience
    Author: Saliba, Ilyas
    Published: 2023
    Publisher:  German Institute of Development and Sustainability (IDOS) gGmbH, Bonn

    Civil society organisations (CSOs) in the Middle East and North Africa (MENA) face mounting challenges, especially in authoritarian states, where they encounter closures, persecution and smear campaigns. Consequently, their crucial work in advancing... more

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    Civil society organisations (CSOs) in the Middle East and North Africa (MENA) face mounting challenges, especially in authoritarian states, where they encounter closures, persecution and smear campaigns. Consequently, their crucial work in advancing human rights, good governance and inclusive human development is increasingly stifled and criminalised. Activists and professionals linked to CSOs also endure surveillance and persecution. This should worry European policymakers since a vibrant and free civil society in MENA is in their interest, as it is key for human development. This policy brief proposes seven ways for development cooperation to protect CSOs in authoritarian regimes in the MENA and beyond. European foreign and development policies in the MENA region have led to governmental partnerships that often sustain authoritarian regimes at the expense of citizens' rights, for instance on migration (Francavilla, 2023; Grimm & Roll, 2023). Although substantial humanitarian aid reaches conflict zones, one of the root causes of the continuing political violence and conflicts - absence of accountable democratic governments - remains inadequately addressed (Barakat & Fakih, 2021). To avoid further empowering authoritarian rule in the region, European policymakers should reassess their multi- and bilateral governmental cooperation. The prevalent assumption amongst many policymakers that the incumbent authoritarian regimes in MENA can provide political stability needs to be discarded. The stability paradigm guiding European relations with the Arab World should instead be replaced with a do-no-harm approach. Although "do no harm" is a core principle of European development cooperation policy, it often is ignored in practice or trumped by other interests (Leininger, 2023). Development cooperation benefitting citizens must prioritise inclusive human development through cooperation with a wide range of actors, including elected state bodies, independent media and watchdog CSOs (Rutzen, 2015). This policy brief develops seven recommendations for European policymakers in development cooperation. The first step is to overcome the prevalent stability-through-cooperation paradigm to prevent further negative effects on human rights, democracy and civil society. Therefore, it is important that European policymakers recognise these authoritarian regimes' unwillingness to implement reforms that would reduce their control over political institutions. Second, it remains crucial that policymakers acknowledge the increasingly shrinking space for critical voices in civil society. Third, governments and regional organisations should give CSOs a voice at international summits and in international organisations to increase the visibility of their demands and show support for oppressed voices. Fourth, European development cooperation professionals should establish flexible crisis funding lines for at-risk CSOs and their staff. Fifth, at-risk journalists, activists or human rights defenders (HRDs) need access to fast-track visa programmes to ensure they can continue their work from abroad when the authorities want to silence them. Sixth, European development cooperation profession-als should continue to support marginalised voices and groups and push for more inclusive governance. Lastly, European governments should limit arms exports to authoritarian regimes.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/283113
    Series: IDOS policy brief ; 2023, 17
    Subjects: Entwicklungshilfe; Kreditgeber; Weltwirtschaft; Mitgliedsstaaten; Humanitäre Hilfe; Entwicklungszusammenarbeit; Internationale Kooperation; Zivilgesellschaft; Unterdrückung; Resilienz; Shrinking Space; North Africa; Middle East; Repression; promotion of democracy; stability; Good Governance; rule of law; arms supply; human rights
    Scope: 1 Online-Ressource (circa 12 Seiten)
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    Revidierte Fassung
  20. Evolutionarily stable networks
    Author: Bayer, Péter
    Published: November 2023
    Publisher:  [Toulouse School of Economics], [Toulouse]

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    Format: Online
    Series: Working papers / Toulouse School of Economics ; no 1487
    Subjects: Networks; evolution; relatedness; stability; homophily
    Scope: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  21. Budget 2024
    on the escape route
    Author: Goyal, Ashima
    Published: September 2024
    Publisher:  Indira Gandhi Institute of Development Research, Mumbai

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    Series: [WP series / Indira Gandhi Institute of Development Research] ; WP-2024, 020
    Subjects: Continuity; stability; development; populism; long-term view
    Scope: 1 Online-Ressource (circa 17 Seiten), Illustrationen
  22. Employment cycles, low income work and the dynamic impact of minimum wages
    a macro perspective
    Published: 2010
    Publisher:  Hans-Böckler-Stiftung, Düsseldorf

    In this paper we investigate the macroeconomic consequences of the introduction of an unemployment benefit system and a minimum wage barrier for both skilled and unskilled workers against the background of Goodwin's (1967) model. In the analyzed... more

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    In this paper we investigate the macroeconomic consequences of the introduction of an unemployment benefit system and a minimum wage barrier for both skilled and unskilled workers against the background of Goodwin's (1967) model. In the analyzed framework, characterized by free "hiring" and "firing" in the first labor markets, we can show a) that large fluctuations in employment are made (at least partially) socially acceptable through the workfare nature of the unemployment benefit system and b) that minimum real wages provide additional stability to the system dynamics by decreasing the amplitude of the fluctuations in employment and income distribution (and the related degradation of the workforce skills and family structures they are otherwise subject to). In dieser Studie untersuchen wir die makroökonomischen Konsequenzen der Einführung einer Arbeitslosenversicherung und eines Mindest(real)lohns für sowohl qualifizierte als auch weniger qualifizierte Arbeiter vor dem Hintegrund des Goodwin's (1967) Modell. In dem analysierten theoretischen Rahmen, der durch unbeschränktes "hiring and firing" im ersten Arbeitsmarkt charakterisiert ist, können wir zeigen dass a) dass große Schwankungen durch eine Beschäftigungsmöglichkeit auf einem staatlich geförderten zweiten Arbeitsmarkt (zumindest teilweise) sozial akzeptabel gemacht werden können und b) ein Mindest(real)lohn durch eine Reduzierung der Ausschläge bei der Beschäftigung und der Einkommensverteilung zusätzlich zur Stabilität des Systems beitragen kann. Letzteres reduziert auch die Erosion der beruflichen Qualifikationen und der Familienstrukturen, welche in Goodwins Modell vorkommen.

     
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    Format: Online
    Other identifier:
    hdl: 10419/105930
    Series: Working paper / IMK, Institut für Makroökonomie ; 4/2010
    Subjects: Erwerbstätigkeit; Konjunktur; Niedriglohn; Aktivierende Arbeitsmarktpolitik; Mindestlohn; Theorie; Distributive cycles; minimum wages; stability; combined wages; base income; workfare
    Scope: Online-Ressource (26 S.), graph. Darst.
    Notes:

    Zsfassung in dt. Sprache
  23. Monetary union stability
    the need for a government banker and the case for a European public finance authority
    Author: Palley, Thomas
    Published: 2011
    Publisher:  Hans-Böckler-Stiftung, Düsseldorf

    This paper argues monetary union stability requires a government banker that manages the bond market and it offers a specific proposal for stabilizing the euro that does not violate the "no country bail-out" clause. There is accumulating evidence... more

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    This paper argues monetary union stability requires a government banker that manages the bond market and it offers a specific proposal for stabilizing the euro that does not violate the "no country bail-out" clause. There is accumulating evidence that the euro's current architecture is unstable. The source of instability is high interest rates on highly indebted countries which creates unsustainable debt burdens. Remedying this problem requires a central bank that acts as government banker and pushes down government bond interest rates to sustainable levels. That can be accomplished by creation of a European Public Finance Authority (EPFA) that issues public debt which the European Central Bank (ECB) is allowed to trade. In diesem Beitrag wird argumentiert, dass die Stabilität einer Währungsunion einen Regierungsbanker erfordert, der den Anleihemarkt steuert. Ein konkreter Vorschlag zur Stabilisierung des Euro wird entwickelt, der die No-Bail-out-Klausel nicht verletzt. Die Evidenz wächst, dass die momentane Architektur des Euro instabil ist. Ursache hierfür sind die hohen Zinsen für Hochschuldenländer, die eine nicht-nachhaltige Schuldenlast erzeugen. Abhilfe für dieses Problem erforderte eine Zentralbank, die als Regierungsbanker agiert und die Staatsanleihenzinsen auf ein nachhaltiges Niveau drückt. Dies kann durch die Schaffung einer Europäischen Finanzagentur der öffentlichen Hand (European Public Finance Authority, EPFA) erreicht werden, die öffentliche Schuldtitel begibt. Der Europäischen Zentralbank sollte dann erlaubt werden, diese Titel zu handeln.Die Debatte über die Finanzarchitektur des Euro hat auch beträchtliche politische Implikationen. Dies ist so, weil die aktuelle, neoliberal inspirierte Architektur, die eine komplette Separierung zwischen Zentralbank und öffentlichen Finanzen vorsieht, die Regierungen unter einen dauerhaften finanziellen Druck setzt. Mit der Zeit macht es dieser Druck schwierig, den europäischen sozialdemokratischen Wohlfahrtsstaat zu erhalten. In diesem politischen Grund liegt ein weiteres Argument -- Neben der ökonomischen Begründung ist es dieser politische Grund, der die Reform des Euro und die Gründung einer Agentur, der EPFA, motiviert.

     
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    Media type: Book
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    Other identifier:
    hdl: 10419/105942
    Series: Working paper / IMK, Institut für Makroökonomie ; 2011,2
    Subjects: Eurozone; Wirtschaftliche Instabilität; Geldpolitik; Finanzpolitik; Internationale Wirtschaftspolitik; Öffentliche Anleihe; Wertpapierhandel; Eurozone; monetary union; stability; government banker; euro
    Scope: Online-Ressource (20 S.), graph. Darst.
    Notes:

    Zsfassung in dt. Sprache
  24. The robustness of agent-based models of electricity wholesale markets
    Author: Newberry, David
    Published: 2012
    Publisher:  Univ. of Cambridge, Dep. of Applied Economics, Faculty of Economics, Cambridge

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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    VS 123 (2012,28)
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    Other identifier:
    hdl: 1810/243966
    Series: Cambridge working papers in economics ; 1228
    EPRG ; 1213
    Subjects: agent-based modelling; electricity markets; mark-up equilibria; stability; oligopoly; learning
    Scope: Online-Ressource (PDF-Datei: 15 S.)
  25. Stability and change of personality across the life course
    the impact of age and major life events on mean-level and rank-order stability of the Big Five
    Author: Specht, Jule; Egloff, Boris; Schmukle, Stefan Christian
    Published: 2011
    Publisher:  DIW, Berlin

    Does personality change across the entire life course, and are those changes due to intrinsic maturation or major life experiences? This longitudinal study investigated changes in the mean levels and rank order of the Big Five personality traits in a... more

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    Does personality change across the entire life course, and are those changes due to intrinsic maturation or major life experiences? This longitudinal study investigated changes in the mean levels and rank order of the Big Five personality traits in a heterogeneous sample of 14,718 Germans across all of adulthood. Latent change and latent moderated regression models provided four main findings: First, age had a complex curvilinear influence on mean levels of personality. Second, the rank-order stability of Emotional Stability, Extraversion, Openness, and Agreeableness all followed an inverted U-shaped function, reaching a peak between the ages of 40 and 60, and decreasing afterwards, whereas Conscientiousness showed a continuously increasing rank-order stability across adulthood. Third, personality predicted the occurrence of several objective major life events (selection effects) and changed in reaction to experiencing these events (socialization effects), suggesting that personality can change due to factors other than intrinsic maturation. Fourth, when events were clustered according to their valence, as is commonly done, effects of the environment on changes in personality were either overlooked or overgeneralized. In sum, our analyses show that personality changes throughout the life span, but with more pronounced changes in young and old ages, and that this change is partly attributable to social demands and experiences.

     
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    Media type: Book
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    Other identifier:
    hdl: 10419/150922
    Series: SOEPpapers on multidisciplinary panel data research ; 377
    Subjects: Lebensverlauf; Altersgruppe; Soziales Verhalten; Weltanschauung; Persönlichkeitspsychologie; Sozialforschung; Deutschland; personality development; Big Five; life events; stability; adulthood
    Scope: Online-Ressource (68 S., 0,87 MB), graph. Darst.
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    Endgültige Fassung erscheint im Journal of personality and social psychology