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A Review of ISO New England’s Proposed Market Rules
Proposed Market Rules ISO
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2015/9/18
This report reviews the proposed rules for restructured wholesale electricity markets in New
England. We review the market rules, both individually and collectively, and identify potential problems ...
Quadratic Core-Selecting Payment Rules for Combinatorial Auctions
games group decisions bidding: auctions
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2015/9/18
We report on the use of a quadratic programming technique in recent and upcoming spectrum auctions in Europe. Specifically, we compute a unique point in the core that minimizes the sum of squared devi...
Fiscal Rules From A Political Economy Perspective
Fiscal Rules Political Economy Perspective
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2015/9/18
Persistent deficits, implying secular growth of debt, have led many to argue that fiscal rules may play an important role in helping reduce or eliminate deficits and help control the growth of governm...
Asymptotic Properties of Multiperiod Control Rules in the Linear Regression Model
Asymptotic Properties Multiperiod Control Rules
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2015/8/5
This is the value of the control rule which would be used if one treated ,d as
known with certainty and equal to the least squares estimate. We call this rule
the least squares certainty equivalence...
Stabilization, Accommodation, and Monetary Rules
Accommodation Monetary Rules
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2015/8/5
Stabilization, Accommodation, and Monetary Rules.
Optimal Stabilization Rules in a Stochastic Model of Investment with Gestation Lags
Optimal Stabilization Rules Gestation Lags
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2015/8/5
Optimal Stabilization Rules in a Stochastic Model of Investment with Gestation Lags.
Comments on ‘Rules, Discretion and Reputation in a Model of Monetary Policy’ by R.J. Barro and D.B. Gordon
Reputation Monetary Policy
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2015/8/5
Comments on ‘Rules, Discretion and Reputation in a Model of Monetary Policy’ by R.J. Barro and D.B. Gordon.
Comments on ‘Rules, Discretion and Reputation in a Model of Monetary Policy’ by R.J. Barro and D.B. Gordon
Reputation Monetary Policy
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2015/8/5
Comments on ‘Rules, Discretion and Reputation in a Model of Monetary Policy’ by R.J. Barro and D.B. Gordon.
International Coordination in the Design of Macroeconomic Policy Rules
International Coordination Macroeconomic Policy Rules
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2015/8/4
The paper examines international issues that arise in the design and evaluation of macroeconomic
policy rules. It begins with a theoretical investigation of the effects of fiscal and
monetary policy...
International Capital Mobility and the Coordination of Monetary Rules
International Capital Mobility Coordination of Monetary Rules
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2015/8/4
International Capital Mobility and the Coordination of Monetary Rules.
An Econometric Evaluation of International Monetary Policy Rules: Fixed Versus Flexible Exchange Rates
Econometric Evaluation International Monetary Policy Rules
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2015/8/4
An Econometric Evaluation of International Monetary Policy Rules: Fixed Versus Flexible Exchange Rates.
Discretion Versus Policy Rules in Practice
Discretion Versus Policy Rules
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2015/8/4
Discretion Versus Policy Rules in Practice.
Policy Rules as a Means to a More Effective Monetary Policy
Policy Rules Monetary Policy
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2015/8/4
Policy Rules as a Means to a More Effective Monetary Policy.
Applying Academic Research on Monetary Policy Rules: An Exercise in Translational Economics
Monetary Policy Rules Translational Economics
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2015/8/4
Applying Academic Research on Monetary Policy Rules: An Exercise in Translational Economics.
The Robustness and Efficiency of Monetary Policy Rules as Guidelines for Interest Rate Setting by the European Central Bank
Monetary Policy Rules European Central Bank
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2015/8/4
This paper examines the implications of recent research on monetary policy rules for
practical monetary policy making, with special emphasis on strategies for setting interest
rates by the European ...