Universiteit Maastricht

Fiscal and monetary policies in complex evolving economies

Auteur(s): Dosi, G.; Fagiolo, G.; Napoletano, M.; Roventini, A.; Treibich, T.G.

Jaar: 2015

Bron: Journal of Economic Dynamics & Control, 52, 166-189.

Type: Artikel

Samenvatting:
What is the most appropriate combination of fiscal and monetary policies in economies subject to banking crises and deep recessions? We study this issue using an agent-based model that is able to reproduce a wide array of macro- and micro-empirical regularities. Simulation results suggest that policy mixes associating unconstrained, counter-cyclical fiscal policy and monetary policy targeting employment is required to stabilise the economy. We also show that “discipline-guided” fiscal rules can be self-defeating, as they depress the economy without improving public finances. Finally, we find that the effects of monetary and fiscal policies become sharper as the level of income inequality increases.

Toon samenvatting

The pre-tracking effects of parental background

Auteur(s): Korthals, R.A.

Jaar: 2015

Bron: GSBE research memorandum 010. Maastricht: GSBE.

Type: Rapport / Working paper

Samenvatting:
Tracking students in secondary school could increase the effect of parental background (PB) on student performance, especially if parents can influence the track choice. This influence can be either direct or indirect, and either purposefully or not. Little is known about these indirect effects of PB that could arise before tracking has taken place. In the Netherlands the track placement decision of individual students is made by secondary schools that base their decision on two performance signals that they receive from the elementary school of applying students: an elementary school exit test score and an elementary school teacher track recommendation. Using longitudinal data from the Netherlands, I find that high PB parents are able to increase their child’s teacher recommendation (purposefully or not): The odds of having the highest track recommendation as compared to the other recommendations, for students whose parents have a tertiary education degree are between 1.6 and 3.6 times greater than for students whose parents only have a primary education degree. For the math exit test score I find no effect, while for reading an effect is found but not robust.

Toon samenvatting

Professional Football and Crime. Exploring terra incognita in studies on white-collar crime

Auteur(s): Nelen, H.

Jaar: 2015

Bron: Erp, J. van; Huisman, W.; Walle, G. Vande (Eds.), Routledge Handbook of White-Collar and Corporate Crime in Europe, (pp. 292-303). Oxford: Routledge.

Type: Boekdeel

Netherlands Reports to the Nineteenth International Congress of Comparative Law

Auteur(s): Vliet, L.P.W. van (Eds.)

Jaar: 2015

Bron: Antwerp: Intersentia.

Type: Boekredactie

Risks and benefits of regional anesthesia in the perioperative setting

Auteur(s): Bouman, E.A.

Jaar: 2015

Bron: Maastricht: Datawyse / Universitaire Pers Maastricht. Prom./coprom.: Kleef, M. van; Marcus, M.A.E.; Joosten, E.A.J.; Gramke, H.F.

Type: Proefschrift

Credit in the economy: small business default correlation and firms co-movements

Auteur(s): Pisa, M.

Jaar: 2015

Bron: Maastricht: . Prom./coprom.: Bams, D.; Wolff, C.

Type: Proefschrift

Microvascular dysfunction and diabetes: a vicious cycle?

Auteur(s): Muris, D.M.J.

Jaar: 2015

Bron: Maastricht: Maastricht University. Prom./coprom.: Stehouwer, C.D.A.; Houben, A.J.H.M.; Schram, M.T.

Type: Proefschrift

Robotics-assisted treadmill exercise for cardiovascular rehabilitation early after stroke

Auteur(s): Stoller, O.

Jaar: 2015

Bron: Maastricht: . Prom./coprom.: Bie, R.A. de; Hunt, K.; Bruin, E.D. de

Type: Proefschrift

Selective stimulation of the subthalamic nucleus in Parkinson’s disease: dream or near future

Auteur(s): Janssen, M.L.F.

Jaar: 2015

Bron: Maastricht: Universitaire Pers Maastricht. Prom./coprom.: Temel, Y.; Visser-Vandewalle, V.E.R.M.; Benazzouz, A.

Type: Proefschrift