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    <link>https://hdl.handle.net/10419/82</link>
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    <pubDate>Wed, 22 Apr 2026 16:56:39 GMT</pubDate>
    <dc:date>2026-04-22T16:56:39Z</dc:date>
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      <title>Lack of identification of parameters in a simple behavioral macroeconomic model</title>
      <link>https://hdl.handle.net/10419/300523</link>
      <description>Title: Lack of identification of parameters in a simple behavioral macroeconomic model
Authors: Lux, Thomas
Abstract: Identifiability of the parameters is an important precondition for consistent estimation of models designed to describe empirical phenomena. Nevertheless, many estimation exercises proceed without a preliminary investigation into the identifiability of its models. As a consequence, the estimates could be essentially meaningless if convergence to the 'true' parameters is not guaranteed in the pertinent problem. We provide some evidence here that such a lack of identification is responsible for the inconclusive results reported in recent literature on parameter estimates for a certain class of nonlinear behavioral New Keynesian models. We also show that identifiability depends on the subtle details of the model structure. Hence, a careful investigation of identifiability should preceed any attempt at estimation of such models.</description>
      <pubDate>Mon, 01 Jan 2024 00:00:00 GMT</pubDate>
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      <dc:date>2024-01-01T00:00:00Z</dc:date>
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    <item>
      <title>Socioeconomic inequality in life expectancy: Perception and policy demand</title>
      <link>https://hdl.handle.net/10419/300522</link>
      <description>Title: Socioeconomic inequality in life expectancy: Perception and policy demand
Authors: Jessen, Lasse J.; Köhne, Sebastian; Nüß, Patrick; Ruhose, Jens
Abstract: Using survey experiments in the United States and Germany with 12,000 participants, we examine perceptions of life expectancy inequality between rich and poor people. The life expectancy of the poor is underestimated more than that of the rich, leading to exaggerated perceptions of inequality in both countries. Receiving accurate information narrows concerns about this inequality. However, the impact of information on policy demand is limited because support for policies addressing life expectancy for the poor is consistently high, regardless of varying perceptions of inequality. We conclude that there is strong and unconditional public support for health equity policies.</description>
      <pubDate>Mon, 01 Jan 2024 00:00:00 GMT</pubDate>
      <guid isPermaLink="false">https://hdl.handle.net/10419/300522</guid>
      <dc:date>2024-01-01T00:00:00Z</dc:date>
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    <item>
      <title>Inflation: Thruway of ECB's monetary policy</title>
      <link>https://hdl.handle.net/10419/269213</link>
      <description>Title: Inflation: Thruway of ECB's monetary policy
Authors: Seidl, Christian
Abstract: Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused by the Corona Pandemic, in particular lockdowns, part is caused by the Ukrainian War, part is caused by European sanctions, and part - and not the smallest one - is caused by the European Central Bank's printing money by hook or by crook in the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the European Central Bank.</description>
      <pubDate>Sun, 01 Jan 2023 00:00:00 GMT</pubDate>
      <guid isPermaLink="false">https://hdl.handle.net/10419/269213</guid>
      <dc:date>2023-01-01T00:00:00Z</dc:date>
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    <item>
      <title>Parameter uncertainty in policy planning models: Using portfolio management methods to choose optimal policies under world market volatility</title>
      <link>https://hdl.handle.net/10419/229438</link>
      <description>Title: Parameter uncertainty in policy planning models: Using portfolio management methods to choose optimal policies under world market volatility
Authors: Mukashov, Askar
Abstract: This paper suggests using portfolio management methods in policy planning models as a practical tool for determining optimal policy under model parameter uncertainty. We suggest that in addition to calculating the standard policy return estimates, policy options should also be analyzed from the risk perspective by using metrics that inform the effect of parameter uncertainty on policy impact variation. We demonstrate the approach in a Computable General Equilibrium model that analyzes pro-poor agricultural value chains in Senegal under world market uncertainty. We show that prioritizing the rice sector is the most effective policy in terms of expected policy return, but this policy is also associated with the highest risk, leading to an increase in poverty under unfavorable yet realistic scenarios. Much like diversified portfolios in finance, mixed policies that assume the rice sector's promotion combined with other sectors such as milk, vegetables, oilseeds, or fishery, can offer risk reduction at the cost of reduced expected policy return.</description>
      <pubDate>Fri, 01 Jan 2021 00:00:00 GMT</pubDate>
      <guid isPermaLink="false">https://hdl.handle.net/10419/229438</guid>
      <dc:date>2021-01-01T00:00:00Z</dc:date>
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