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Flexible Estimation Of Demand Schedules And Revenue Under Different Auction Formats
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Book Synopsis Flexible Estimation of Demand Schedules and Revenue Under Different Auction Formats by : Mr.Robert Alan Feldman
Download or read book Flexible Estimation of Demand Schedules and Revenue Under Different Auction Formats written by Mr.Robert Alan Feldman and published by International Monetary Fund. This book was released on 1995-11-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
Book Synopsis Flexible Estimation of Demand Schedules and Revenue Under Different Auction Formats by : Robert Feldman
Download or read book Flexible Estimation of Demand Schedules and Revenue Under Different Auction Formats written by Robert Feldman and published by . This book was released on 2006 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: From 1976 to 1980, the International Monetary Fund sold by sealed-bid auctions one-fifth of its gold stock and systematically experimented with auction format. Based on data from these auctions, this paper uses nonlinear estimation techniques to estimate demand curves under the alternative formats. Demand schedules at the uniform-price auctions were steeper and to the right of those at discriminatory-price auctions, upholding the predictions of bidding theory. Moreover, it is estimated that discriminating-price auctions yielded lower revenue than uniform-price auctions; Monte Carlo simulations suggest that this latter result is both robust and statistically significant.
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 :1451957092 Total Pages :268 pages Book Rating :4.4/5 (519 download)
Book Synopsis IMF Staff papers, Volume 43 No. 1 by : International Monetary Fund. Research Dept.
Download or read book IMF Staff papers, Volume 43 No. 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1996-01-01 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper extends a standard growth model and obtains consistent panel data estimates of the growth retarding effects of military spending via its adverse impact on capital formation and resource allocation. Simulation experiments suggest that a substantial long-term “peace dividend”—in the form of higher capacity output—may result from markedly lower military expenditure levels achieved in most regions during the late 1980s, and the further military spending cuts that would be possible if global peace could be secured.
Book Synopsis Handbook of Fiscal Policy by : Jack Rabin
Download or read book Handbook of Fiscal Policy written by Jack Rabin and published by CRC Press. This book was released on 2001-12-19 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing forty articles written by experts, this book explores the development of government spending and revenue policymaking, the legacy of John Maynard Keynes, taxes and tax policies, government budgeting and accounting, and government debt management. Topics include the implications of the federal balanced budget amendment, factors that affect implementation of fiscal policies, the relationship between tax assessment and economic prosperity, and debt management strategies by government institutions. It covers the role of government in formulating economic policies for growth and full employment and reviews issues associated with the implementation of fiscal policies.
Book Synopsis Behavioral Finance: Where Do Investors' Biases Come From? by : Itzhak Venezia
Download or read book Behavioral Finance: Where Do Investors' Biases Come From? written by Itzhak Venezia and published by World Scientific. This book was released on 2016-10-27 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume presents new original research exploring factors that lead to investors behavioral biases. It discusses how features such as professionalism, sophistication, gender, media, and culture influence investors' decision-making in general, and in particular, how they generate (or limit) behavioral and cognitive biases. The effects of these factors on capital markets are also discussed. The book is based on the discussions and presentations at the First Israel Behavioral Finance Conference, which took place in Tel Aviv in May 2015. It examines in greater detail some of the key issues discussed at the conference.This is an innovative book in behavioral finance: it is the first to present an extensive collection of papers which discuss a comprehensive array of factors that influence or define investor character and analyzes these factors' effects on financial markets. The book is useful for readers interested in understanding the factors that influence investors' profiles and thus their behavioral biases. The book will be of great interest to researchers and students seeking a reference book which contains timely research on these areas of behavioral finance.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :9781557758606 Total Pages :124 pages Book Rating :4.7/5 (586 download)
Book Synopsis Research Activities of the IMF, January 1991-December 1998 by : International Monetary Fund
Download or read book Research Activities of the IMF, January 1991-December 1998 written by International Monetary Fund and published by International Monetary Fund. This book was released on 1999-09-24 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: A selective index of major research papers prepared by IMF staff in 1991-98.
Book Synopsis Fixed-Income Markets in the United States, Europe, and Japan-Some Lessons for Emerging Markets by : Mr.Garry J. Schinasi
Download or read book Fixed-Income Markets in the United States, Europe, and Japan-Some Lessons for Emerging Markets written by Mr.Garry J. Schinasi and published by International Monetary Fund. This book was released on 1998-12-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper identifies factors that contributed to the development and effectiveness of debt securities markets in the major advanced economies. Government securities markets have benefited from their international orientation—debt management is most effective when it is independent of monetary and exchange rate policies; and financial infrastructures should be patterned on the standards of liquidity, transparency, issuing and trading efficiency, and tax treatment. The same degree of consensus does not exist for corporate debt securities markets. The paper identifies six regulatory and market-created factors that help explain why the U.S. corporate debt market has flourished, while corporate debt securities markets elsewhere have only recently begun to develop.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :9781557759801 Total Pages :144 pages Book Rating :4.7/5 (598 download)
Book Synopsis Research Activities of the IMF, January 1991-December 1999 by : International Monetary Fund
Download or read book Research Activities of the IMF, January 1991-December 1999 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-01-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff understanding of policy and operational issues relevant to the institution, and to improve the analytical quality of the work prepared for management and the Executive Board and the advice provided to member countries. The scope of research in the IMF is defined by the purposes and functions of the institution. In order to foster innovation and ensure quality control, the IMF makes much of its research available outside the institution and encourages staff to interact with academia and other research organizations through conferences, seminars, and occasional joint research projects. The visiting scholar’s program has also enhanced the quality of research done in the IMF. This program brings in leading members of the economics profession from around the world to assist in the preparation of papers for the Executive Board and to conduct research on IMF-related issues.
Download or read book IMF Working Paper written by and published by . This book was released on 1996 with total page 830 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Working Paper Summaries, July-December 1995 by : International Monetary Fund. Editorial Division
Download or read book Working Paper Summaries, July-December 1995 written by International Monetary Fund. Editorial Division and published by . This book was released on 1996 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Bidder Behavior in Multiple Unit Auctions by : Kjell G. Nyborg
Download or read book Bidder Behavior in Multiple Unit Auctions written by Kjell G. Nyborg and published by . This book was released on 1997 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Publications of the International Monetary Fund by : International Monetary Fund
Download or read book Publications of the International Monetary Fund written by International Monetary Fund and published by . This book was released on 1995-10 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Monetary and Fiscal Policy by : Alan A. Rabin
Download or read book Handbook of Monetary and Fiscal Policy written by Alan A. Rabin and published by CRC Press. This book was released on 2001-12-19 with total page 1848 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the politics of economic policy, focusing on forecasting, inflation, interest rates, market expectations, financial crises, disruptions in global markets, and tax policy, as well as state and local government budgeting, financial management, and policy initiatives for development and growth.
Author :International Monetary Fund. Interdepartmental Working Group on Fund Policy Advice Publisher : ISBN 13 : Total Pages :92 pages Book Rating :4.4/5 (91 download)
Book Synopsis Research Activities of the International Monetary Fund by : International Monetary Fund. Interdepartmental Working Group on Fund Policy Advice
Download or read book Research Activities of the International Monetary Fund written by International Monetary Fund. Interdepartmental Working Group on Fund Policy Advice and published by . This book was released on 1998 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Putting Auction Theory to Work by : Paul Milgrom
Download or read book Putting Auction Theory to Work written by Paul Milgrom and published by Cambridge University Press. This book was released on 2004-01-12 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.
Book Synopsis Restructuring the Korean Financial Market in a Global Economy by : Lee-Jay Cho
Download or read book Restructuring the Korean Financial Market in a Global Economy written by Lee-Jay Cho and published by Tiger Books Series. This book was released on 2002 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian Crisis of 1997 presented the international community--not to mention the affected countries--with many new challenges. How to restructure the devastated financial sectors in the crisis countries urgently demands answers. The papers presented here address some of the issues relating to the crisis and, more specifically, to the Korean case.
Book Synopsis IMF Survey by : International Monetary Fund
Download or read book IMF Survey written by International Monetary Fund and published by . This book was released on 1996 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: