infonet-economy

In this note, we describe a variant of dynamic causal modelling for evoked responses as measured with electroencephalography or magnetoencephalography (EEG and MEG). We depart from equivalent current dipole formulations of DCM, and extend it to provide spatiotemporal source estimates that are spatially distributed. The spatial model is based upon neural-field equations that model…

Noninvasive imaging of the brain of animal models demands the detection of increasingly smaller structures by in vivo MRI. The purpose of this work was to elucidate the spatial resolution and structural contrast that can be obtained for studying the brain of C57BL/6J mice by optimized T2-weighted fast spin-echo MRI at 9.4 T. As a prerequisite for high-resolution imaging in vivo,…

Functional neuroimaging techniques are used widely in cognitive neuroscience to investigate aspects of functional specialization and functional integration in the human brain. Functional integration can be characterized in two ways – functional connectivity and effective connectivity. Whereas functional connectivity describes statistical dependencies between data, effective…

This paper develops a DSGE model to examine the quantitative macroeconomic implications of counter-cyclical fiscal policy for France, Germany and the UK. The model incorporates real wage rigidity and consumption habits, as the particular market failures justifying policy intervention. We subject the model to productivity shocks and allow policy instruments to react to the output gap…

For decades, historians have debated why Germany’s Chancellor Heinrich Brüning resorted to policies worsening the economic crisis in the early 1930s. Some scholars, first and foremost Knut Borchardt, have argued that for various reasons the Chancellor had no choice but to depress the economy. In particular, Borchardt has pointed out that Brüning was reluctant to devalue the currency…

A key distinction among theories of civil war is between those that are built upon motivation and those that are built upon feasibility. We analyze a comprehensive global sample of civil wars for the period 1965-2004 and subject the results to a range of robustness tests. The data constitute a substantial advance on previous work. We find that variables that are close proxies for…

From the point of view of modes of governance and constellations of interdependence, EU research policy offers ideal conditions for the flexible inclusion of non-member states: it is based on transgovernmental coordination through policy networks rather than supranational legislation, it follows scientific rather than political imperatives, and cooperation is in the interest of both…