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Japanese Macroeconomic Policy and the Current Account Under Alternative International Monetary Regimes
Macroeconomic Policy Monetary Regimes
2015/8/4
Japanese Macroeconomic Policy and the Current Account Under Alternative International Monetary Regimes.
Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods
Linear-quadratic approximation Nonlinear models Numerical solution methods
2015/8/4
The purpose of this article is to report on a comparison of several alternative numerical solution
techniques for nonlinear rational-expectations models. The comparison was made by asking
individual...
Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
Monetary Transmission Mechanism Monetary Policy
2015/8/4
Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
Costs of alternative environmental policy instruments in the presence of industry compensation requirements
Environmental instrument choice Pollution control Compensation requirements Emissions abatement costs
2015/7/17
This paper explores how the costs of meeting given aggregate targets for pollution emissions change with the imposition of the requirement that key pollution-related industries be compensated for pote...
Impacts of alternative emissions allowance allocation methods under a federal cap-and-trade program
Climate policy Cap and trade Emissions allowance allocation General equilibrium modeling Industry impacts
2015/7/17
This paper examines the implications of alternative allowance allocation designs for industry profits and GDP under a federal cap-and-trade program to reduce greenhouse gas emissions. We employ a gene...
The Role of the Corporation in Society:An Alternative View and Opportunities for Future Research
Corporate Social Responsibility Corporate Governance Environment Environmental And Social Sustainability
2015/4/29
A long-standing ideology in business education has been that a corporation is run for the sole interest of its shareholders. I present an alternative view where increasing concentration of economic ac...
The Cost of Capital for Alternative Investments
Cost of Capital Financial Liquidity Investment Investment Return Mathematical Methods Risk and Uncertainty
2015/4/24
This paper studies the cost of capital for alternative investments. We document that the risk profile of the aggregate hedge fund universe can be accurately matched by a simple index put option writin...
Health and life insurance as an alternative tomalpractice tort law
social purposes of deterrence punishment and compensation defensive practices effective care
2011/9/5
Background: Tort law has legitimate social purposes of deterrence, punishment and compensation, but medical tort law does none of these well. Tort law could be counterproductive in medicine, encouragi...
Fiscal policy in the monetary theory of production: an alternative to the "new consensus" approach
fiscal policy monetary theory of production new consensus
2011/8/21
This paper provides an alternative view to the new consensus approach, from the standpoint of the monetary theory of production. It is shown that output growth is demand driven, so that fiscal policie...
An Alternative View of Finance, Saving, Deficits, and Liquidity
Chartalism deficits finance financial crisis Keynesian theory liquidity
2011/8/21
This article contrasts the orthodox approach with an alternative view on finance, saving, deficits, and liquidity, with the goal of shedding light on the current global financial crisis. It first brie...
Geothermal Water in Lebanon: An Alternative Energy Source
Hot Water Springs Alternative Source Lebanon
2013/2/25
Recently, demand for energy has been increased worldwide, notably in the view of high economic value and competi-tion of fossil fuel, as well as the negative impact of fuel consumption through carbon ...
A COMPARISON OF ALTERNATIVE APPROACHES TO EQUITY VALUATION OF PRIVATELY HELD ENTREPREURIAL FIRMS
valuation closely-held business residual earnings comparables
2010/10/18
Valuation of small entrepreurial businesses requires identifying features
that are not generally considered in the valuation model of large public firms. The
challenge is to translate financial theo...
The Multi-Rater System: An alternative parametric approach in determining Stakeholder Analysis and Influence
Multi-Rater Methodology Stakeholder Influence Stakeholder Analysis
2010/10/18
Much of the literature dedicated to stakeholder identification has been focused from a ‘top-down’ view as a determinant of analysis. In this paper, we develop, test, and provide evidence on a new con...
China’s Quest for Alternative to Neo-liberalism: Market Reform, Economic Growth, and Labor
China market reform economic growth labor
2009/5/7
Since the turn of the century, China’s state and society have focused their efforts on “constructing a harmonious society”. Viewed from the perspective of globalization, these efforts represent a ques...
IDEOLOG: A Program for Filtering Econometric Data - A Synopsis of Alternative Methods
Business cycles impulse response filters frequency domain autoregressive models
2010/9/7
An account is given of various filtering procedures that have been implemented in a computer program, which can be used in analysing econometric time series. The program provides some new filtering pr...