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Documents de recerca, 2 registres trobats
Documents de recerca 2 registres trobats  
1.
78 p, 749.6 KB Time-consistently undominated policies / Brendon, Charles ; Ellison, Martin
This paper proposes and characterises a new normative solution concept for Kydland and Prescott problems, allowing for a commitment device. A policy choice is dominated if either (a) an alternative exists that is superior to it in a time-consistent subdomain of the constraint set, or (b) an alternative exists that Pareto-dominates it over time. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2018 (ADEMU Working Paper Series ; 82)  
Registre complet - Creative Commons
2.
38 p, 2.9 MB Managing the UK national debt 1694-2017 / Ellison, Martin ; Scott, Andrew
We construct a new monthly dataset for UK government debt over the period 1694 to 2017 based on price and quantity data for each individual bond issued. This enables us to examine long run fiscal sustainability using the theoretically relevant variable of the market value of debt, and investigate the historical importance of debt management. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2017 (ADEMU Working Paper Series ; 73)  
Registre complet - Creative Commons

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