), Center for Financial Research (CFR), 550 17th Street NW, Washington, DC 20429, USA; London School of Economics and Political …

-Bawerk Recht gehabt? Zum Zu-sammenhang zwischen Handelsbilanzpas- sivum und Budgetdefizit in den USA2) March 20, 1991 Backé … series, namely inflation measured by the harmonized CPI ( p), GDP growth ( y), the output gap (x, defined as the log of the ….32 0.795** r -6.88*** 0.118 R -1.06 0.799** R -6.16*** 0.171 x -2.94* 0.095 y -8.47*** 0.124 m-p(test with …

consideration in investment decisions. Xiao Di (2001) examines the role of dwellings in the USA, where housing investment is …

, University of Pennsylvania, USA, School of Business and Economics, Humboldt-Universität zu Berlin, Germany, and CEPR … the frequency domain by multiplying it at every lag k by a complex-valued factor e¡ik!. 3 Sxx(!) = 1X k=¡1 (k)e¡ik!; (1 … sequence ‰(k) of the time series xt and yt Sxy(!) = 1X k=¡1 ‰(k)e¡ik!: (2) The cross spectral density is used to obtain the …

internationalen Vergleich zur Gruppe der schwach regulierten und flexibelsten zusammen mit den USA und Großbritannien (Auer …

-Bawerk Recht gehabt? Zum Zu-sammenhang zwischen Handelsbilanzpas- sivum und Budgetdefizit in den USA2) March 20, 1991 Backé … series, namely inflation measured by the harmonized CPI ( p), GDP growth ( y), the output gap (x, defined as the log of the ….32 0.795** r -6.88*** 0.118 R -1.06 0.799** R -6.16*** 0.171 x -2.94* 0.095 y -8.47*** 0.124 m-p(test with …

Discussion Paper 2005/88 ∗ Department of Economics, University of Virginia, PO Box 400182, Charlottesville VA 22904-4128, USA. sa … 1116 Spain 1334 1813 903 Italy 1340 1637 761 UK 1387 1738 1065 USA 1462 1954 1264 Source: Corneo (2001) Table 2: Average … viewer (at x) and the program offering (at x i ). From models of probabilistic discrete choice, we draw an alternative way to …

studied professional sports models in the USA and Europe, finally deciding on a model tailored to their preferences. By …

comparable empirical literature on regional price dynamics for the U.S.A.,2 analytical evidence for Europe is based on national …, equation (11) translates to Ft+1 = integraldisplay A P(x,A)Ft(dy). (12) Here, A is any subset of the underlying state space for … Xt and P(x,A) denotes the stochastic kernel that describes the probability that we will be in A in t + 1 given that we …