Συλλογές
Τίτλος Quality of institutions and macroeconomic performance
Δημιουργός Χρίστου, Τρύφωνας, Christou, Tryfonas
Συντελεστής Δημελή, Σοφία
Athens University of Economics and Business, Department of Economics
Μιαούλη, Αναστασία
Οικονομίδης, Γεώργιος
Οικονομίδου, Κλαίρη
Παλυβός, Θεόδωρος
Βασιλάτος, Ευάγγελος
Φιλιππόπουλος, Αποστόλης
Τύπος Text
Φυσική περιγραφή 182p.
Γλώσσα en
Αναγνωριστικό http://www.pyxida.aueb.gr/index.php?op=view_object&object_id=7449
Περίληψη This thesis studies the importance of institutional quality on macroeconomic performance. To do so, we augment the standard real business cycle (RBC) model with rent seeking competition. The idea is that agents allocate a part of their effort time competing with each other for a fraction of a contestable prize. At first, our analysis considers alternative contestable prizes like government transfers, total tax revenue, economy-wide output and economy-wide income in a homogeneous agents RBC model. Then, we extend our analysis to a heterogeneous agents model (capitalists and workers), where we consider the contestable prize to be the "income of the others", i.e the contestable prize for workers is the income of capitalists and the contestable prize of capitalists is the income of workers.
Λέξη κλειδί Eurozone
Economic fluctuations
Institutions
Rent seeking
Property rights
Ευρωζώνη
Προσοδοθηρία
Δικαιώματα ιδιοκτησίας
Οργανισμοί
Οικονομικές διακυμάνσεις
Διαθέσιμο από 2019-12-04 16:08:24
Ημερομηνία έκδοσης 12/04/2019
Ημερομηνία κατάθεσης 2019-12-04 16:08:24
Δικαιώματα χρήσης Free access
Άδεια χρήσης https://creativecommons.org/licenses/by-nc-nd/4.0/