Three essays on macroeconomic dynamics

Three essays on macroeconomic dynamics

Three essays on macroeconomic dynamics

... time-invariant money growth rate on capital accumulation is based on equation (21) in both regimes The absence of an immediate effect of a change in the money growth rate on innovation is based on equation ... monopoly pricing, a welfare improving combination of money growth and income taxation is better than any combination of money growth and fiscal policy (such as lump-sum or consu...

Ngày tải lên: 09/09/2015, 10:15

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ESSAYS ON MACROECONOMIC DYNAMICS

ESSAYS ON MACROECONOMIC DYNAMICS

... transversality conditions are: lim µe−ρt K = and lim λe−ρt H = t→∞ t→∞ The first-order conditions can be simplified into an autonomous system of differential equations concerning the control and state ... the response depends not only on the expectation of the earnings of the unborn generation but also on the realized earnings of the overlapping old and young agents Without consideration of...

Ngày tải lên: 08/09/2015, 15:26

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Three essays on adaptive learning in monetary economics

Three essays on adaptive learning in monetary economics

... equation da = din cin + din d in r a db = din d in r b in k + din The rational expectations equilibrium is E-stable if and only if din Proposition Suppose that (0; 1), = and in r < > Then din in ... kt+1 = cin + in r a + in k in r b + (2.5) kt : Combining (2.5) with (2.3) gives the actual law of motion for interest rates: rt+1 = din (cin + in r a) in k + din + in r b kt...

Ngày tải lên: 03/06/2014, 02:19

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Three essays on bank technology, cost structure, and performance

Three essays on bank technology, cost structure, and performance

... technology and cost structure in commercial banking industries in both industrialized economy (US) and transitional economy (China) In addition, internal and external factors that affect bank performance, ... (1983) on investment banking industry, Curry and Rose (1997) on thrift institutions, and Amel and Rhoades (1988, 1992) on commercial banking industry However, ther...

Ngày tải lên: 03/06/2014, 02:19

172 256 0
Three essays on banks' relative efficiency

Three essays on banks' relative efficiency

... 95 98 101 102 Chapter Introduction to the Three Essays on Bank’s Relative Efficiency 1.1 Introduction This dissertation presents three essays on banks’ relative efficiency We calculate two different ... author iv Table of Contents ABSTRACT ACKNOWLEDGEMENTS Chapter 1: Introduction to the Three Essays on Bank’s Relative Efficiency 1.1 Introduction Chapter :Review o...

Ngày tải lên: 03/06/2014, 02:19

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Three essays on economic reform and household behavior in contemporary China

Three essays on economic reform and household behavior in contemporary China

... permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Reproduced ... permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Repr...

Ngày tải lên: 03/06/2014, 02:20

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Three essays on empirical corporate finance

Three essays on empirical corporate finance

... permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Reproduced ... permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Repr...

Ngày tải lên: 03/06/2014, 02:20

171 264 0
Three essays on environmental economics and international trade

Three essays on environmental economics and international trade

... INTRODUCTION Proxies and estimation issues in environmental economics Proxies and estimation issues in international trade Environmental economics and international trade ... gravity estimates Environmental economics and international trade The third chapter, called Trade Flow Consequences of the European Union’s Regionalization of Environmental Regulations,...

Ngày tải lên: 03/06/2014, 02:20

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Three essays on finance for the poor

Three essays on finance for the poor

... permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Reproduced ... permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without permissi...

Ngày tải lên: 03/06/2014, 02:21

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Three essays on real estate, environmental, and urban economics using the hedonic price model technique

Three essays on real estate, environmental, and urban economics using the hedonic price model technique

... graduated with a M.Sc in Economics in August 2004 iv DISSERTATION ABSTRACT THREE ESSAYS ON REAL ESTATE, ENVIRONMENTAL, AND URBAN ECONOMICS USING THE HEDONIC PRICE MODEL TECHNIQUE Andres Jauregui Doctor ... Stephen L McFarland Acting Dean Graduate School THREE ESSAYS ON REAL ESTATE, ENVIRONMENTAL, AND URBAN ECONOMICS USING THE HEDONIC PR...

Ngày tải lên: 03/06/2014, 02:21

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Three essays on the credit growth and banking structure of Central and Eastern European countries

Three essays on the credit growth and banking structure of Central and Eastern European countries

... credit growth and banking structure of the Central and Eastern European Countries (CEE) The first essay studies the importance of bank ownership on this growth, the second explores the influence of ... Credit Growth in Central and Eastern European Countries, studies the importance of bank ownership structure for the growth of cr...

Ngày tải lên: 03/06/2014, 02:21

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Three essays on the economics of innovation and regional economics

Three essays on the economics of innovation and regional economics

... , the full patent regime is better from the social point of view; these regions correspond to parts (i) and (ii) of Proposition 7, part (i) of Proposition and the conclusions of the analysis of ... Organization The three essays described in the introduction are all self-contained with their own Introduction, Conclusion and Reference sections They are followed b...

Ngày tải lên: 03/06/2014, 02:21

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