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Three Essays On Macroeconomics And Laboratory Experiments
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Book Synopsis Three Essays on Macroeconomics and Laboratory Experiments by : Justin D. LeBlanc
Download or read book Three Essays on Macroeconomics and Laboratory Experiments written by Justin D. LeBlanc and published by . This book was released on 2018 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation examines two prominent macroeconomic models and their behavioral underpinnings in a laboratory setting. The first is that of state-dependent pricing models (i.e., "menu cost" models). Comparisons were made between laboratory results and a computer- simulated optimal behavior, and results indicate that subjects update prices too frequently resulting in statistically suboptimal profits due to subjects' inability to clearly ascertain the optimal threshold at which to update prices. Second, the consumption predictions made under rational inattention theory were examined via a laboratory experiment. Results indicate that subjects' behavior aligns well with predictions in that they consume stochastically, yet adjust their consumption and attention according to variations in the economic environment. Subjects also respond more quickly and in higher magnitude to negative income shocks compared to positive. Finally, the experiments provided two use cases that enabled the evaluation of how coding environments and demands on versatility of laboratory of experiments have evolved. Performance comparisons were made between two novel coding environments and the most commonly used experimental platform, z-Tree. Results indicate that while environments other than z-Tree oer substantially more flexibility and performance enhancements, these benefits can come at the cost of nontrivial software engineering resources.
Book Synopsis Three Essays on Field and Lab-in-the-Field Experiments in Economics by : Annika Maxine Mueller
Download or read book Three Essays on Field and Lab-in-the-Field Experiments in Economics written by Annika Maxine Mueller and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Macroeconomics by : Songook Park
Download or read book Three Essays on Macroeconomics written by Songook Park and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in Macroeconomics and Experiments by : Olga Shurchkov
Download or read book Essays in Macroeconomics and Experiments written by Olga Shurchkov and published by . This book was released on 2008 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of four chapters on empirical and experimental macroeconomics and other experimental topics. Chapter 1 uses a laboratory experiment to test the predictions of a dynamic global game designed to capture the role of information and coordination in speculative attacks. The game has a large number of heterogeneously informed agents deciding whether to attack a status quo; the status quo in turn collapses if enough agents choose to attack. The theory predicts that the equilibrium size of the attack is decreasing in both the underlying strength of the status quo and the agents' cost of attacking. Furthermore, the knowledge that the status quo has survived a past attack decreases the incentive to attack, implying that a new attack is possible only if agents receive new information. Our experimental evidence supports these theoretical predictions. We identify the agents' beliefs about the actions of others to be the main channel through which the relative strength of the status quo, the cost of attacking, and learning impact observed behavior. However, we also find that the subject's actions are overly aggressive relative to the theory's predictions. Once again, we find that the excess aggressiveness in actions stems from the aggressiveness of their beliefs about others' actions. Chapter 2 studies gender inequality in performance. One explanation for this inequality is that the genders perform differently under competitive conditions, as previous experimental studies have found a significant gender gap in competitive tasks that are perceived to favor men. We use a verbal task that is perceived to favor women and find no gender difference under competition per se.
Book Synopsis Macroeconomics in the Laboratory by : Jan Siebert
Download or read book Macroeconomics in the Laboratory written by Jan Siebert and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Macroeconomics by : Marnix Amand
Download or read book Three Essays in Macroeconomics written by Marnix Amand and published by . This book was released on 2011 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Macroeconomics and Finance by : David Henry Bowman
Download or read book Three Essays in Macroeconomics and Finance written by David Henry Bowman and published by . This book was released on 1993 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Macroeconomics by : Bobbie Lee Horn
Download or read book Three Essays in Macroeconomics written by Bobbie Lee Horn and published by . This book was released on 1986 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Macroeconomics by : Barbara Ellen McKiernan
Download or read book Three Essays in Macroeconomics written by Barbara Ellen McKiernan and published by . This book was released on 1994 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Macroeconomics by : Xue Qiao
Download or read book Three Essays in Macroeconomics written by Xue Qiao and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Macroeconomics by : Jeffrey Malcolm Lacker
Download or read book Three Essays in Macroeconomics written by Jeffrey Malcolm Lacker and published by . This book was released on 1989 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Macroeconomics by : Caterina Rho
Download or read book Three Essays in Macroeconomics written by Caterina Rho and published by . This book was released on 2017 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Macroeconomics by : Michael K. Gavin
Download or read book Three Essays in Macroeconomics written by Michael K. Gavin and published by . This book was released on 1986 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Macroeconomics by : Yongdo Shin
Download or read book Three Essays in Macroeconomics written by Yongdo Shin and published by . This book was released on 1993 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Macroeconomics by : Suvayan De
Download or read book Three Essays in Macroeconomics written by Suvayan De and published by . This book was released on 2008 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Experiments in Macroeconomics by : John Duffy
Download or read book Experiments in Macroeconomics written by John Duffy and published by Emerald Group Publishing. This book was released on 2014-11-14 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 17 entitled 'Experiments in Macroeconomics', of the Research in Experimental Economics Book Series is the first-ever collection by leading researchers in the field of laboratory studies aimed at understanding macroeconomic phenomena.
Book Synopsis Three Essays in Empirical Macroeconomics by : Jae-ha Park
Download or read book Three Essays in Empirical Macroeconomics written by Jae-ha Park and published by . This book was released on 1991 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
