منابع مشابه
Dissertation Essays on Monetary Economics Essays on Monetary Economics
This dissertation consists of three essays on monetary economics. The rst two essays have a focus on the zero lower bound on the nominal interest rate (ZLB) and the Great Recession. In the rst essay, I investigate optimal discretionary monetary policy under the ZLB in the case of a distorted steady state due to monopoly and taxation. I nd that the central bank in a more distorted economy would ...
متن کاملThree Essays on Auctions
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iv DEDICATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v ACKNOWLEDGEMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vi 1.0 INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2.0 ENDOGENOUS FORMATION OF A BIDDING RING . . . . . . . . . 3 ...
متن کاملEssays on Corporate Investment
In an asset-pricing model calibrated to match the standard asset pricing empirical properties –in particular, the time-variation in the equity premium – we calculate the welfare (value) implications of sub-optimal capital budgeting decisions. Specifically, we calculate that an investment policy that ignores the timevariation in the equity premium, such as would occur with a cost of capital foll...
متن کاملEssays on mortality
With the earlier accounts, a reader might perhaps question the feasibility of using mortality rates from partly theological narratives intended to illustrate the divine punishment of the Guanches for their sins of infanticide and killing Christian soldiers while resisting invasion, but Crosby is in general conservative when it comes to estimating mortality from disease in post-contact history a...
متن کاملCritical Essays on Psychoanalysis
\ This volume consists of a number of articles on psychoanalysis which the autf>; has selected from the literature of the last 25 years, although the exact dates are I1] always given and the editor himself does not indicate how the essays came to 28 '
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ژورنال
عنوان ژورنال: Lexikos
سال: 2010
ISSN: 1684-4904,1684-4904
DOI: 10.4314/lex.v13i1.51407