Sample records for GLEICHGEWICHT (equilibrium)
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3

Voluntary teaming and effort

Keser, Claudia; Montmarquette, Claude

In a series of experimental games, each of two players may choose between remuneration based on either private or team effort. Although at least one of the players has the subgame perfect equilibrium strategy to choose remuneration based on private effort, we frequently observe team remuneration cho...

DRIVER (German)

8

Unemployment, Factor Substitution and Capital Formation

Kaas, Leo; Thadden, Leopold von

We incorporate a wage-bargaining structure in a dynamic general equilibrium model and show how this feature changes short- and long-run properties of equilibria compared with a perfectly competitive setting.We discuss how employment, capital and income shares respond to wage-setting shocks and show ...

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11

The phantom of the opera: Cultural amenities, human capital, and regional economic growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan

We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a part o...

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12

The parachute morphology as equilibrium morphology of vesicle-polymer hybrids?

Jung, M (Martin); Hubert, DHW (Dominique); Herk, AM (Alex) van; German, AL (Anton)

DRIVER (German)

13

The labor market impact of immigration in Western Germany in the 1990's

D'Amuri, Francesco; Ottaviano, Gianmarco I. P.; Peri, Giovanni

We adopt a general equilibrium approach in order to measure the effects of recent immigration on the Western German labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the period 1987-2001, we find that the substantial immigration of...

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14

The cross-section of output and inflation in a dynamic stochastic general equilibrium model with sticky prices

Döpke, Jörg; Funke, Michael; Holly, Sean; Weber, Sebastian

In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability that the ith changes its prices in response to a shock. ...

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18

The Effects of DR-CAFTA in Nicaragua A CGE-Microsimulation Model for Poverty and Inequality Analysis

Colombo, Giulia

In this paper, we build a Computable General Equilibrium (CGE)-microsimulation model for the economy of Nicaragua following the Top-Down approach (see Bourguignon et al., 2003), that is, the reform is simulated first at the macro level with the CGE model, and then it is passed onto the microsimulati...

DRIVER (German)

20

Technology adoption in critical mass games: theory and experimental evidence

Keser, Claudia; Suleymanova, Irina; Wey, Christian

We analyze the choices between two technologies A and B that both exhibit network effects. We introduce a critical mass game in which coordination on either one of the standards constitutes a Nash equilibrium outcome while coordination on standard B is assumed to be payoff-dominant. We present a heu...

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21

Subsistence: A Bio-economic Foundation of the Malthusian Equilibrium

Strulik, Holger; Dalgaard, Carl-Johan

This paper develops a bio-economic Malthusian growth model. By integrating recent research on allometric scaling, energy consumption, and ontogenetic growth we provide a model where subsistence consumption is endogenously linked to body mass and fertility. The theory admits a two-dimensional Malthus...

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23

Stability and Turnpike Theorems in Dynamic Competitive Equilibrium

Yano, M.; Kyoto University; Institute of Economic Research; Meiji Gakuin University; Institute for Research in Business and Economics
1999-01-01

German National Library of Science and Technology (GetInfo) (German)

28

Protein self-association in crowded protein solutions: a time-resolved fluorescence polarization study

Zorrilla, Silvia; Rivas, Germán; Acuña Fernandez, Alberto Ulises; Lillo, M. Pilar

The self-association equilibrium of a tracer protein, apomyoglobin (apoMb), in highly concentrated crowded solutions of ribonuclease A (RNase A) and human serum albumin (HSA), has been studied as a model system of protein interactions that occur in crowded macromolecular environments. The rotational...

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48

Non-equilibrium States in Plant Metabolism

Igamberdiev, A. U.; International Institute of Biophysics, Germany; Moscow State University; Faculty of Biology and Research-Educational Biotechnology Center
1995-01-01

German National Library of Science and Technology (GetInfo) (German)

53

Mechanism of Titin Unfolding by Force: Insight from Quasi-Equilibrium Molecular Dynamics Calculations

Pabón, Germán; Amzel, L. Mario

We have studied the unfolding by force of one of the immunoglobulin domains of the muscle protein titin using molecular dynamics simulations at 300 K. Previous studies, done at constant pulling rates, showed that under the effect of the force two strands connected to each other by six backbone H-bon...

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54

Mechanism and affinities of glass alteration close to pseudo-equilibrium

Grambow, B.; Forschungszentrum Karlsruhe; Institut fur Nukleare Entsorgungstechnik
1999-01-01

German National Library of Science and Technology (GetInfo) (German)

56

Matching Theory and Data: Bayesian Vector Autoregression and Dynamic Stochastic General Equilibrium Models

KRIWOLUZKY, Alexander

This paper shows how to identify the structural shocks of a Vector Autoregression (VAR) while simultaneously estimating a dynamic stochastic general equilibrium (DSGE) model that is not assumed to replicate the data-generating process. It proposes a framework for estimating the parameters of the VAR...

DRIVER (German)

66

Improving on Africa's roads - Modeling infrastructure investment and its effect on subsistence agriculture

Schürenberg-Frosch, Hannah

Investment in infrastructure is considered as a crucial prerequisite for economic development. Given the scarce resources for public investment in developing countries a detailed perspective on the effects of each form of infrastructure is needed. This paper focuses on transport infrastructure in Af...

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67

Identifying Determinants of German Inflation: An Eclectic Approach

Fic, Tatiana

The paper applies an equilibrium correction model to discuss impacts of monetary, labour and external factors on the German inflation. The approach presented is of eclectic character and allows for examination which variables representative for various inflation theories matter empirically when anal...

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76

Game-theoretic methods in general equilibrium analysis

Advanced Study Institute on Game Theoretic Methods in General Equilibrium Analysis < 1991, New York, NY>; Advanced Study Institute on Game Theoretic Methods in General Equilibrium Analysis < 1991, New York, NY>
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

78

From the dual apprenticeship system to a dual labor market? The German high-skill equilibrium and the service economy

Eichhorst, Werner; Marx, Paul

Different models of protection against labor market risks are associated with diverging models of economic performance. Historically established institutional complementarities between labor market regulation, unemployment protection, and vocational training tend to mirror specific national models o...

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84

Financial Liberalisation, Bureaucratic Corruption and Economic

Blackburn, Keith; Forgues-Puccio, Gonzalo F.

We study the effect of international financial integration on economic development when the quality of governance may be compromised by corruption. Our analysis is based on a dynamic general equilibrium model of a small economy in which growth is driven by capital accumulation and public policy is a...

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86

Evade, Corrupt, or Confront? Organized Crime and the State in Brazil and Mexico ¿Evadir, corromper o confrontar? El crimen organizado y el Estado en Brasil y México

John Bailey; Georgetown University; Matthew M. Taylor; University of São Paulo

Government and organized criminal groups co-exist in uneasy equilibrium. Criminal groups adjust their behavior as a function of their own goals and resources in relation to inter-group cooperation and conflict, dynamic markets, and public policies; governments adjust their behavior according to shif...

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87

Europe's twenties: a study using the WIATEC model

Kemfert, Claudia; Kremers, Hans; Truong, Truong

In this paper, we use a computable general equilibrium model (WIATEC) to study the potential impact of implementing Europe's 20-20-20 climate policy. The results show that the economic costs of implementing the policy are only moderate and within the range of recent empirical evidence. Furthermore, ...

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88

Ethanol Production, Food and Forests

Andrade de Sa, Saraly; Palmer, Charles; Engel, Stefanie

This paper investigates the direct and indirect impacts of ethanol production on land use, deforestation and food production. A partial equilibrium model of a national economy with two sectors and two regions, one of which includes a residual forest, is developed. It analyses how an exogenous increa...

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89

Equilibrium, Trade, and Capital Accumulation

McKenzie, L.; Kyoto University; Institute of Economic Research; Meiji Gakuin University; Institute for Research in Business and Economics
1999-01-01

German National Library of Science and Technology (GetInfo) (German)

94

Environmental tax differentiation between industries and households - implications for efficiency and employment: a multi-sector intertemporal CGE analysis for Germany

Böhringer, Christoph

This paper investigates the economic impacts of environmental tax reforms designed to reach given emission reduction targets for the German economy. Our focus is on the efficiency and employment implications of alternative schemes for emission tax differentiation between the production sector and th...

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95

Environmental damage and price taking behaviour by firms and consumers

Houba, Harold; Kremers, Hans

Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms and consumers take both damages and prices as given. Demand, supply, profit and expenditure f...

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99

Earlier or later : a general equilibrium analysis of bringing forward an already announced tax reform

Honerkamp, Josef; Moog, Stefan; Raffelhueschen, Bernd

The German Income Tax Reform 2000, which announced a reduction in income tax rates to be implemented in a series of three stages, was welcomed by the public as a step towards unleashing lurking growth potentials. Nonetheless, in the course of the year 2001 a dispute arose, centering around the quest...

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100

Earlier or Later : A General Equilibrium Analysis of Bringing Forward an Already Announced Tax Reform

Honerkamp, Josef; Moog, Stefan; Raffelhüschen, Bernd

The German Income Tax Reform 2000, which announced a reduction in income tax rates to be implemented in a series of three stages, was welcomed by the public as a step towards unleashing lurking growth potentials. Nonetheless, in the course of the year 2001 a dispute arose, centering around the quest...

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101

Distributional effects of FDI: How the interaction of FDI and economic policy affects poor households in Bolivia

Nunnenkamp, Peter; Schweickert, Rainer; Wiebelt, Manfred

This paper provides a computable general equilibrium analysis of the medium to long-run impact of FDI inflows on poverty and income distribution in Bolivia. The simulation results suggest that FDI inflows enhance economic growth and reduce poverty. However, the income distribution typically becomes ...

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102

Distribution and Development in a Model of Misgovernance

Blackburn, Keith; Forgues-Puccio, Gonzalo F.

This paper presents an analysis of bureaucratic corruption, income inequality and economic development. The analysis is based on a dynamic general equilibrium model in which bureaucrats are appointed by the government to implement a redistributive programme of taxes and subsidies designed to benefit...

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103

Direct observation of the enhancement of noncooperative protein self-assembly by macromolecular crowding: Indefinite linear self-association of bacterial cell division protein FtsZ

Rivas, Germán; Minton, Allen P.; Fernández, Javier A.

Recent measurements of sedimentation equilibrium and sedimentation velocity have shown that the bacterial cell division protein FtsZ self-associates to form indefinitely long rod-like linear aggregates in the presence of GDP and Mg2+. In the present study, the newly developed technique of non-ideal ...

DRIVER (German)

106

Cultural diversity and local labour markets

Suedekum, Jens; Wolf, Katja; Blien, Uwe

During the last decade there have been marked changes in the composition of the non-native workforce in the German labour market. In particular there has been a notable increase in the diversity of nationalities of which the foreign workforce is composed. In this paper we investigate the effects of ...

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118

Car road charging: impact assessment on German and Austrian households

Kalinowska, Dominika; Steininger, Karl W.

The authors apply a computable general equilibrium (CGE) modeling framework to carry out a two-country comparison for Austria and Germany assessing the impact of road charging (RC). The pricing policy measure is introduced for the private motorized transport mode and applies to the overall road netw...

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121

Balancing energy in the German market design

Möller, Christoph

Among electricity marketplaces balancing energy takes a central role in mediating the supply and demand equilibrium. This thesis analyzes strategies employed in the balancing energy market, as well as their implications for other marketplaces in the setting of the German electricity market.

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122

Asymmetric Price Transmission in Supply Function Equilibrium, Carbon Prices and the German Electricity Spot Market

Wölfing, Nikolas

In January 2007, first evidence of an asymmetric pass-through of CO2 emission allowance prices was reported for the German electricity spot market. This paper explores the theoretical basis for such an asymmetry in the context of a supply function bidding duopoly. It interprets fluctuating carbon pr...

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123

Asymmetric Price Transmission in Supply Function Equilibrium, Carbon Prices and the German Electricity Spot Market

Wölfing, Nikolas

In January 2007, first evidence of an asymmetric pass-through of CO2 emission allowance prices was reported for the German electricity spot market. This paper explores the theoretical basis for such an asymmetry in the context of a supply function bidding duopoly. It interprets fluctuating carbon pr...

DRIVER (German)

127

Analytik und Vorkommen anthropogener schwerflüchtiger Organochlorverbindungen und des elementaren Schwefels in der Troposphäre des Atlantischen Ozeans

Dörrler, Steffen

Understanding and quantifying the global dynamics of persistent organic pollutants are important to assess their environmental impact and final fate. During a latitudinal atlantic transect of the German research vessel "Polarstern" in autumn 1996 air samples were taken in the marine boundary layer. ...

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128

Analysing welfare reform in a microsimulation-AGE model: the value of disaggregation

Arntz, Melanie; Boeters, Stefan; Gürtzgen, Nicole; Schubert, Stefanie

We present a combined, consistent microsimulation-AGE model that uses the labour market model PACE-L, data from the German Socio-Economic Panel and a discrete choice labour supply estimation. The model is used to analyse a reform that cuts the social assistance minimum income and lowers the transfer...

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129

Analysing Welfare Reform in a Microsimulation-AGE Model: The Value of Disaggregation

Arntz, Melanie; Boeters, Stefan; Gürtzgen, Nicole; Schubert, Stefanie

We present a combined, consistent microsimulation-AGE model that uses the labour market model PACE-L, data from the German Socio-Economic Panel and a discrete choice labour supply estimation. The model is used to analyse a reform that cuts the social assistance minimum income and lowers the transfer...

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130

An Occupational Choice Model for Developing Countries

Gerardo Jacobs

Most occupational choice models introduce only two options for agents: entrepreneurial activities or wage-employment. However, these models represent inadequately the labor force distribution from developing countries, where an important proportion of the total work force are self-employed workers. ...

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136

A model for the global crude oil market using a multi-pool MCP approach

Huppmann, Daniel; Holz, Franziska

This paper proposes a partial equilibrium model to describe the global crude oil market. Pricing on the global crude oil market is strongly influenced by price indices such as WTI (USA) and Brent (Northwest Europe). Adapting an approach for pool-based electricity markets, the model captures the part...

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138

A macroeconomic model for the evaluation of labor market reforms

Krebs, Tom; Scheffel, Martin

We develop a tractable macroeconomic model with employment risk and labor market search in order evaluate the effects of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who can invest in risk-free physical capital and risky human capit...

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139

A macroeconomic model for the evaluation of labor market reforms

Krebs, Tom; Scheffel, Martin

We develop a tractable macroeconomic model with employment risk and labor market search in order evaluate the effects of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who can invest in risk-free physical capital and risky human capit...

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140

A complementarity model for the European natural gas market

Egging, Ruud; Gabriel, Steven A.; Holz, Franziska; Zhuang, Jifang

In this paper, we present a detailed and comprehensive complementarity model for computing market equilibrium values in the European natural gas system. Market players include producers and their marketing arms which we call transmitters, pipeline and storage operators, marketers, LNG liquefiers, re...

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141

A Heliocentric Journey into Germany’s Great Depression

Weder, Mark

The paper finds empirical evidence on the ripple effect of sunspots on the interwar German economy. It identifies a sequence of negative shocks to expectations for the 1927 to 1932 period. The artificial economy predicts the 1928-1932 depression and a long boom from 1933 onwards. Overall, a tangible...

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142

Lau, M. I.; Poutvaara, P.; Wagener, A.

We propose a dynamic general-equilibrium model with human capital accumulation to evaluate the economic consequences of compulsory services (such as military draft or social work). Our analysis identifies a so far ignored dynamic cost arising from distortions in time allocation over the life cycle. ...

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144

(How) do the ECB and the Fed react to financial market uncertainty? The Taylor rule in times of crisis

Belke, Ansgar; Klose, Jens

We assess differences that emerge in Taylor rule estimations for the Fed and the ECB before and after the start of the subprime crisis. For this purpose, we apply an explicit estimate of the equilibrium real interest rate and of potential output in order to account for variations within these variab...

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