Economics BulletinPub Date : 2003-09-17DOI: 10.1016/s0899-8256(03)00249-5
Francis Bloch
{"title":"Games 2004 Second World Congress of the Game Theory Society","authors":"Francis Bloch","doi":"10.1016/s0899-8256(03)00249-5","DOIUrl":"https://doi.org/10.1016/s0899-8256(03)00249-5","url":null,"abstract":"","PeriodicalId":47355,"journal":{"name":"Economics Bulletin","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2003-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79315932","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Wealth effects in a cash-in-advance economy","authors":"Eric Kam, Paul Missios","doi":"10.32920/ryerson.14639295","DOIUrl":"https://doi.org/10.32920/ryerson.14639295","url":null,"abstract":"This paper examines the monetary growth implications of combining Stockman's\u0000cash−in−advance constraint on consumption and capital goods and an endogenous rate of\u0000time preference that is an increasing function of real wealth. The cash−in−advance constraint\u0000imposes an investment tax that reduces steady state consumption and capital. However,\u0000endogenous time preference wealth effects link the real and monetary sectors to yield a\u0000Mundell−Tobin effect. Cash−in−advance constraint effects dominate endogenous time\u0000preference wealth effects so that monetary growth reduces steady state capital and\u0000consumption.","PeriodicalId":47355,"journal":{"name":"Economics Bulletin","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2003-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73815563","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Economics of Reciprocity, Giving and Altruism","authors":"J. Ythier, L. Gérard-Varet, S. Kolm","doi":"10.1007/978-1-349-62745-5","DOIUrl":"https://doi.org/10.1007/978-1-349-62745-5","url":null,"abstract":"","PeriodicalId":47355,"journal":{"name":"Economics Bulletin","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2000-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85842413","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Lead of Output over Inflation in Sticky Price Models","authors":"Michael T. Kiley","doi":"10.17016/FEDS.1996.33","DOIUrl":"https://doi.org/10.17016/FEDS.1996.33","url":null,"abstract":"Output growth is negatively correlated with inflation, detrended output is positively correlated with inflation, and output growth and detrended output lead inflation. I explore the consistency of these correlations with three models of price adjustment: the partial adjustment model, a staggered price setting model, and the P-bar model. The ratio of the variance of supply to demand shocks necessary to match the pattern of output-inflation correlations can be ranked across the three models; the P-Bar model requires the lowest ratio, and the partial adjustment model requires the highest ratio. The imperfect information aspects of staggered price setting and the P-bar model drive some of the output/inflation nexus, highlighting a link with the tradition from Hume to Lucas to recent work by Mankiw and Reis.","PeriodicalId":47355,"journal":{"name":"Economics Bulletin","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"1996-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89443705","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}