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repositories = "EconStor" > : "Theorie" "Dynamisches Gleichgewicht" (x)

Found 124 documents, displaying page 1 of 13

On the dynamics of unemployment and wage distributions

Author(s) : Robin, Jean-Marc
Description : Postel-Vinay and Robin' (2002) sequential auction model is extended to allow for aggregate productivity shocks. Workers exhibit permanent differences in ability while firms are identical. Negative aggregate productivity shocks induce job destruction by driving the surplus of matches with low ability...
Repository : EconStor
Language(s) : English

Multiple equilibrium overnight rates in a dynamic interbank market game

Author(s) : Tapking, Jens
Description : We analyse a two period model of the interbank market, i.e. the market at which banks trade liquidity. We assume that banks do not take the inter- bank interest rate as given, but multilaterally negotiate on interest rates and transaction volumes. The solution concept applied is the Shapley value. W...
Repository : EconStor
Language(s) : English

Should central banks target stock prices?

Author(s) : De Grauwe, Paul
Description :
Repository : EconStor
Language(s) : English

Hyperbolic discounting and the Phillips curve

Description :
Repository : EconStor
Language(s) : English

Day-to-day monetary policy and the volatility of the federal funds interest rate

Description : We propose a model of the interbank money market with an explicit role for central bank intervention and periodic reserve requirements, and study the interaction of profit-maximizing banks with a central bank targeting interest rates at high frequency. The model yields predictions on biweekly patter...
Repository : EconStor
Language(s) : English

Risk premia in general equilibrium

Author(s) : Posch, Olaf
Description : This paper shows that non-linearities imposed by a neoclassical production function alone can generate time-varying and asymmetric risk premia over the business cycle. These (empirical) key features become relevant, and asset market implications improve substantially when we allow for non-normalitie...
Repository : EconStor
Language(s) : English

Education and innovation as twin-engines of growth

Author(s) : Stadler, Manfred
Description : We develop a dynamic general equilibrium model of education, quality and variety innovation, and scale-invariant growth. The early endogenous innovation-based growth models incorporate a scale e?ect predicting that larger economies are characterized by higher per capita growth rates. Recent models o...
Repository : EconStor
Language(s) : English

A Simple, Analytically Solvable, Chamberlinian Agglomeration Model

Author(s) : Pflüger, Michael
Description : This paper presents a simple Chamberlinian agglomeration model which, like the canonical core-periphery (CP) model, contains two agglomerative forces. However, in contrast to that model, the present model is analytically solvable. Moreover, the present model exhibits a 'supercritical pitchfork bifur...
Repository : EconStor
Language(s) : English

Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers

Description : This paper develops a small New Keynesian model with capital accumulation and government debt dynamics. The paper discusses the design of simple monetary and fiscal policy rules consistent with determinate equilibrium dynamics in the absence of Ricardian equivalence. Under this assumption, governmen...
Repository : EconStor
Language(s) : English

Found 124 documents, displaying page 1 of 13