Title:The Signalling Power of Sanctions in Collective Action Problems
Author(s):VAN DER WEELE, JoelDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We present a model of collective action in a heterogenous population of egoists and conditional cooperators. Each player is uncertain about the cooperative inclinations of the other player. A government or
principal who ...
Title:The Simple Geometry of Transmission and Stabilization in Closed and Open Economies
Author(s):CORSETTI, Giancarlo; PESENTI, PaoloDate:2005Type of Publication:Working PaperSeries/Report no.:NBER Working papersAbstract:This paper provides an introduction to the recent literature on macroeconomic stabilization in closed and open economies. We present a stylized theoretical framework, and illustrate its main properties with the help of an ...
Title:The Simple Geometry of Transmission and Stabilization in Closed and Open Economies
Author(s):CORSETTI, Giancarlo; PESENTI, PaoloDate:2005Type of Publication:Working PaperSeries/Report no.:CEPR Discussion PaperAbstract:This paper provides an introduction to the recent literature on macroeconomic stabilization in closed and open economies. We present a stylized theoretical framework, and illustrate its main properties with the help of an ...
Title:Simpler is better : how do simple unconditional central grants boost local own-source revenue in Benin ?
Author(s):CALDEIRA, Emilie; ROTA-GRAZIOSI, GrégoireDate:2013Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:Intergovernmental grants design is an important issue in developing countries, where the decentralization process involves a huge vertical gap, i.e. an imbalance between the costs of local public competences and local ...
Title:Slow Money Dissemination
Author(s):ENDERS, ZenoDate:2006Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:A model of limited participation in the asset market is developed, in which varieties of
consumption bundles are purchased sequentially. By this, heterogeneity in money holdings and in
the effective elasticity of ...