Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Title
Now showing items 181-200 of 564
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The Exchange Rate in a Dynamic-Optimizing Current Account Model with Nominal Rigidities: a Quantitative Investigation
(Université de Montréal. Département de sciences économiques., 1996)This paper studies a dynamic-optimizing model of a semi-small open economy with sticky nominal prices and wages. the model exhibits exchange rate overshooting in response to money supply shocks. the predicted variability of nominal and real exchange ... -
Exhaustible-Resource Extraction with Capital
(Université de Montréal. Département de sciences économiques., 1982) -
Expected utility without full transitivity
(Université de Montréal. Département de sciences économiques., 2014-05)We generalize the classical expected-utility criterion by weakening transitivity to Suzumura consistency. In the absence of full transitivity, reflexivity and completeness no longer follow as a consequence of the system of axioms employed and a richer ... -
Expenditures on Lotteries: What Do People Say and Wht They Do? a Econometric Analysis
(Université de Montréal. Département de sciences économiques., 1987)Underdeclarations Are Typical When Alcohol, Tobacco and Gambling Consumptions Are Questioned in Surveys. Recent Surveys on Expenditures on Lotteries Have Similar Problems: the Declared Expenditures Equal Between 60 to 65 Percent of the Revenues of the ... -
Explaining the evolution of educational attainment in the U.S.
(Université de Montréal. Département de sciences économiques., 2014-07)We study the evolution of educational attainment of the 1932–1972 cohorts using a calibrated model of investment in human capital with heterogeneous learning ability. The inter-cohort variation in schooling is driven by changes in skill prices, tuition, ... -
Explaining the Great Divergence: Medium and Message on the Eurasian Land Mass, 1700-1850
(Université de Montréal. Département de sciences économiques., 2003)Between 1700 and 1850, per-capita income doubled in Europe while falling in the rest of Eurasia. Neither geography nor economic institutions can explain this sudden divergence. Here the consequences of differences in communications technology are ... -
Explaining the Persistence of Commodity Prices
(Université de Montréal. Département de sciences économiques., 1997)This paper extends the Competitive Storage Model by incorporating prominent features of the production process and financial markets. A major limitation of this basic model is that it cannot successfully explain the degree of serial correlation observed ... -
Explaining the Transition Between Exchange Rate Regimes
(Université de Montréal. Département de sciences économiques., 2003)This paper studies the transition between exchange rate regimes using a Markov chain model with time-varying transition probabilities. The probabilities are parameterized as nonlinear functions of variables suggested by the currency crisis and optimal ... -
Export Promotion and Growth
(Université de Montréal. Département de sciences économiques., 1994) -
Extensive Social Choice and the Measurement of Group Fitness in Biological Hierarchies
(Université de Montréal. Département de sciences économiques., 2012-07)Extensive social choice theory is used to study the problem of measuring group fitness in a two-level biological hierarchy. Both fixed and variable group size are considered. Axioms are identified that imply that the group measure satisfies a form of ... -
Externalities and the nucleolus
(Université de Montréal. Département de sciences économiques., 2017-09)In most economic applications, externalities prevail: the worth of a coalition depends on how the other players are organized. We show that there is a unique natural way of extending the nucleolus from (coalitional) games without externalities to games ... -
Externalities, Potential, Value and Consistency
(Université de Montréal. Département de sciences économiques., 2008-04)We provide new characterization results for the value of games in partition function form. In particular, we use the potential of a game to define the value. We also provide a characterization of the class of values which satisfies one form of reduced ... -
Les facteurs declencheurs des crises financieres internationales
(Université de Montréal. Département de sciences économiques., 1999)Ce rapport s'inscrit dans la problematique soulevée par l'insistance des milieux financiers américains et du Trésor américain à libéraliser et à globaliser les mouvements internationaux de capitaux. Dans cette perspective, il tente de répondre à trois ... -
Factor Analysis of a Large DSGE Model
(Université de Montréal. Département de sciences économiques., 2010-09)We study the workings of the factor analysis of high-dimensional data using artificial series generated from a large, multi-sector dynamic stochastic general equilibrium (DSGE) model. The objective is to use the DSGE model as a laboratory that allow ... -
Fair Allocation of Production Externalities: Recent Results
(Université de Montréal. Département de sciences économiques., 2005)We survey recent axiomatic results in the theory of cost-sharing. In this litterature, a method computes the individual cost shares assigned to the users of a facility for any profile of demands and any monotonic cost function. We discuss two theories ... -
Fair Production and Allocation of an Excludable Nonrival Good
(Université de Montréal. Département de sciences économiques., 2002)We study fairness in economies with one private good and one partially excludable nonrival good. A social ordering function determines for each profile of preferences an ordering of all conceivable allocations. We propose the following Free Lunch ... -
The FCLT with Dependent Errors: an Helicopter Tour of the Quality of the Approximation
(Université de Montréal. Département de sciences économiques., 1998)This note investigates the adequacy of the finite-sample approximation provided by the Functional Central Limit Theorem (FCLT) when the errors are allowed to be dependent. We compare the distribution of the scaled partial sums of some data with the ... -
Fertility, Consumption and Bequests in a Model with Non-Dynastic Perental Altruism
(Université de Montréal. Département de sciences économiques., 1993) -
Finance and Growth : Empirical Evidence from Developing Countries, 1960-1990
(Université de Montréal. Département de sciences économiques., 2002)This paper examines the empirical relationship between financial intermediation and economic growth using cross-country and panel data regressions for 69 developing countries for the 1960-1990 period. The main results are : (i) financial development ... -
La finance islamique: fondements, theorie et realite
(Université de Montréal. Département de sciences économiques., 2001)L’Islam interdit le riba , mot arabe signifiant à la fois usure et intérêt. L’interdiction du rib figure dans la loi islamique, née dans l’Arabie du Moyen Âge. Elle est à la base de la finance islamique qui connut une expansion remarquable durant la ...
