Supreme Pupils’ Government Commitment and Academic Performance

Effects of executive functions and academic emotions on pupils' academic performance in mathematics

Abstract Purpose: The main aim of the present study was to find out the possible effect of executive functions and academic emotions on pupils' academic performance in mathmatics. Methodology:  In this study, the structural equation modeling, type of non-experimental method was implemented. Using sampling method based on the structural equation modeling, 400 (100 girls and 100 boys) in fifth an...

Equilibrium and government commitment

How should a government use the power to commit to ensure a desirable equilibrium outcome? In this paper, I show a misleading aspect of what has become a standard approach to this question, and I propose an alternative. I show that the complete description of an optimal (indeed, of any) policy scheme requires outlining the consequences of paths that are often neglected. The specification of pol...

Credit Markets, Limited Commitment, and Government Debt

A dynamic model with credit under limited commitment is constructed, in which limited memory can weaken the effects of punishment for default. This creates an endogenous role for government debt in credit markets. Default can occur in equilibrium, and government debt essentially plays a role as collateral and thus improves borrowers’ incentives. The optimal provision of government debt acts to ...

In ation, Equilibrium and Government Commitment

This paper stems from a recent heated debate on the relationship between the price level and scal policy. While the relationship between in ation, government de cits and debt has a long tradition in macroeconomics, a recent string of papers has put a new twist on it by proposing a \ scal theory of the price level", which shows that the government can target directly the price level by using sca...

Essays on commitment debt structure and government