The core issue of this study is to discover basic principles of international economics, which address the different linkages among different types of markets in different economies i.e. closed economy and open economy. Very first, models of closed economy and open economy have been developed, ...
Market volatility across countries – evidence from international markets Purpose - The purpose of this paper is to investigate the time-varying risk return relationship and the persistence of shocks to volatility within GARCH fr... S Mollah,A Mobarek - 《Studies in Economics & Finance》 被引量:...
Describe the characteristics of an efficient market, explain what market anomalies are, and note some of the challenges that investors face when markets are efficient. What are the different types of learning and how does it market to you? And give an example of a company that ...
Productive efficiency(or production efficiency) is a situation in which theeconomyor an economic system (e.g., a firm, a bank, a hospital, an industry, a country, etc.) could not produce any more of one good without sacrificing production of another good and without improving the productio...
These differences could become obstacles for communication, but could also provide fruitful background for discussion of disciplines, if one explicitly takes them into account.Alexander LibmanBernd LahnoFrankfurt School VerlagRationality Markets & Morals...
When goods are substitutes (complements), we find a clear price (output) ranking across five duopoly markets, namely Cournot, Bertrand, Cournot-Stackelberg, Bertrand-Stackelberg, and joint profit maximization. We explain these rankings in terms of levels of conjectural variation. 关键词: market compa...
Abstract Observations of economic variables usually refer to periods that are so long that they embrace quite a number of the minimum time intervals involved in the true economic stimulus—response processes. The lack of observations does not prohibit the analysis of these very short periods completel...
The number of regions (cities) as well as regional economic activity (regional labor markets) is modeled at a macro level. There are two economic sectors, one with constant returns to scale and the other with increasing returns to scale in the industry Li [46]. Technology, factor endowments...
Motivated by recent financial crises, a large number of theoretical and empirical studies are attempting to understand how financial market shocks are transmitted across countries. Some of this research takes the form of large cross-country studies aimed
Because markets and industries are interconnected in the economy, large shocks to either supply or demand in anysectorof the economy can have a far-reaching macroeconomic impact. Economic shocks can be positive (helpful) or negative (harmful) to the economy, though for the most parteconomists, ...