Essays about: "Daniel Hedblom"

Found 2 essays containing the words Daniel Hedblom.

1. 1. Individual Mandates in Insurance Markets with Asymmetrical Information

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Daniel Hedblom; [2008]
   Keywords : reform; Insurance; adverse selection; Asymmetrical Information; Individual Mandate; Massachusetts; Economics; econometrics; economic theory; economic systems; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik; Business and Economics;

   Abstract : A Rothschild & Stiglitz (1976) model of a market for insurance is used in order to discuss how asymmetrical information can lead to a decrease in coverage in the market. A simple model of how an individual mandate that requires all individuals in a population to obtain insurance affects the market equilibrium is proposed. READ MORE

3. 2. Central Bank Independence, Centralized Wage Bargaining and Price Stability in a Monetary Policy Game

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Daniel Hedblom; [2008]
   Keywords : inflation; Panel Data; monetary policy; Central Bank Independence; Game Thoery; Centrailzation of Wage Bargaining; Reputational Equilibrium; Credibility; Economics; econometrics; economic theory; economic systems; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik; Business and Economics;

   Abstract : This paper addresses the usefulness of studying the interplay between central bank independence and centralized wage bargaining in the context of a repeated monetary policy game. Conventional macroeconomic wisdom suggests that because of increased credibility and the possibility to overcome inflationary bias, increased central bank independence has a negative effect on inflation rates. READ MORE