Titlebook: Quantitative Economic Policy; Essays in Honour of Reinhard Neck,Christian Richter,Peter Mooslechner Book 2008 Springer-Verlag Berlin Heide

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Models of Endogenous Coalition Formation Between Fiscal and Monetary Authorities in the Presence of a two-stage structure. In the first stage, coalitions are formed. In the second stage of the game (the stabilization phase), assuming all coalition structures as given, the model is solved by methods of linear quadratic differential games.

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Monetary Policy in a Small Open Economy with High Unemploymentn the growth rate of output and the rate of employment. In this view, the growth rate of output in the long run is determined by the growth rate of labor productivity and the labor force. The seminal models, such as the ones in Svensson (1997, 1999), Ball (1999) and Clarida et al. (1999) among others, fall within this view.

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Uncertainties Surrounding Natural Rate Estimates in the G7clical components. Yet, as surveys and symposia have illustrated (Bean 1994, Cross 1995, . 1997), there remains much uncertainty both about which factors do and do not determine equilibrium rates of unemployment, and about the corresponding numerical values.

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Nicola Acocella,Giovanni Di Bartolomeoecisions made by his or her fellow citizens, but also on the decisions made by foreign economic agents. This dynamic, which introduces more . into the economic system, is double-edged. It undeniably increases economic .: indeed, the possibility of carrying out transactions with foreign countries ope

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Engelbert J. Dockner,Reinhard Neckents with different degrees of ecological stability and different uses, but in its entirety ensuring both the . of individual core ecosystems and the functionality of the . among them as a precondition for the maintenance of the spatial landscape-ecological stability and so the diversity of both con