Showing 1 - 9 of 9
We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10010277539
paper I compare exchange rate targeting with different floating exchange rate regimes: strict price level targeting …, flexible price level targeting and output gap targeting. The paper also evaluates the actual choice of monetary policy regime … flexible price level targeting. The results suggest that flexible and strict price level targeting gives lower real and nominal …
Persistent link: https://www.econbiz.de/10010321739
. Saving and GDP are estimated in bivariate vector autoregressive or vector error-correction models for Sweden, UK, and USA …
Persistent link: https://www.econbiz.de/10010321740
The matching method for treatment evaluation does not balance selective unobserved differences between treated and non-treated. We derive a simple correction term if there is an instrument that shifts the treatment probability to zero in specific cases. Policies with eligibility restrictions,...
Persistent link: https://www.econbiz.de/10010273920
, Italy, the Netherlands, Sweden, and the United Kingdom. These countries represent range of welfare states, both in terms of …
Persistent link: https://www.econbiz.de/10010273947
-led mercantilist and the domestic demand-led regime and apply this to six countries, Germany, France, Spain, Sweden, the UK and the USA …
Persistent link: https://www.econbiz.de/10012292734
allows the price of risk to vary over time. Using daily and monthly data for the United States, Sweden, New Zealand, the … United Kingdom, Japan, and Australia, the authors find that a conditional CAPM that allows the price of risk to vary in …
Persistent link: https://www.econbiz.de/10010397599
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate …
Persistent link: https://www.econbiz.de/10010286279
economic development for five industrialized European countries: the United Kingdom, Denmark, Sweden, Finland and Italy. In …
Persistent link: https://www.econbiz.de/10010289312