2006

最新文章

• Why is Russian GDP growth slowing? AI翻译
  作者：Desai, Padma
  作者单位：Columbia University
• Were there regime switches in US monetary policy? AI翻译
  作者：Sims, CA; Zha, T
  作者单位：Princeton University; Federal Reserve System - USA; Federal Reserve Bank - Atlanta
  摘要：A multivariate regime-switching model for monetary policy is confronted with U.S. data. The best fit allows time variation in disturbance variances only. With coefficients allowed to change, the best fit is with change only in the monetary policy rule and there are three estimated regimes corresponding roughly to periods when most observers believe that monetary, policy actually differed. But the differences among regimes are not large enough to account for the rise, then decline, in inflation...
• Inequality aversion, efficiency, and maximin preferences in simple distribution experiments: Comment AI翻译
  作者：Bolton, Gary E.; Ockenfels, Axel
  作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Cologne
• The Japanese saving rate AI翻译
  作者：Chen, Kaiji; Imrohoroglu, Ayse; Imrohoroglu, Selahattin
  作者单位：University of Oslo; University of Southern California
• Declining volatility in the US automobile industry AI翻译
  作者：Ramey, Valerie A.; Vine, Daniel J.
  作者单位：University of California System; University of California San Diego; Federal Reserve System - USA
• Costly information acquisition: Experimental analysis of a boundedly rational model AI翻译
  作者：Gabaix, Xavier; Laibson, David; Moloche, Guillermo; Weinberg, Stephen
  作者单位：Massachusetts Institute of Technology (MIT); Harvard University; National Bureau of Economic Research
  摘要：The directed cognition model assumes that agents use partially myopic option-value calculations to select their next cognitive operation. The current paper tests this model by studying information acquisition in two experiments. In the first experiment, information acquisition has an explicit financial cost. In the second experiment, information acquisition is costly because time is scarce. The directed cognition model successfully predicts aggregate information acquisition patterns in these e...
• An astonishing sixty years: The legacy of Hiroshima AI翻译
  作者：Schelling, Thomas C.
  作者单位：University System of Maryland; University of Maryland College Park
• Why beauty matters AI翻译
  作者：Mobius, MM; Rosenblat, TS
  作者单位：Harvard University; Wesleyan University
  摘要：We decompose the beauty premium in an experimental labor market where employers determine wages of workers who perform a maze-solving task. This task requires a true skill which we show to be unaffected by physical attractiveness. We find a sizable beauty premium and can identify three transmission channels: (a) physically attractive workers are more confident and higher confidence increases wages; (b) for a given level of confidence, physically attractive workers are (wrongly) considered more...
• Helping infant economies grow: Foundations of trade policies for developing countries AI翻译
  作者：Greenwald, Bruce; Stiglitz, Joseph E.
  作者单位：Columbia University
• Regional labor markets, network externalities and migration: The case of German reunification AI翻译
  作者：Uhlig, Harald
  作者单位：Humboldt University of Berlin