Showing 1 - 10 of 46
using survey data on inflation expectations. The results based on these two specifications exhibit sharp differences … findings underscore the need for employing identificationrobust inference methods in the estimation of expectations …
Persistent link: https://www.econbiz.de/10005353311
output and inflation responses to a monetary policy shock, (ii) the implications of sectoral price rigidity for aggregate … output and inflation dynamics and for cost pass-through, and (iii) the role of sectoral shocks in explaining sectoral prices …
Persistent link: https://www.econbiz.de/10008679132
We propose an alternate parameterization of stationary regular finite-state Markov chains, and a decomposition of the parameter into time reversible and time irreversible parts. We demonstrate some useful properties of the decomposition, and propose an index for a certain type of time...
Persistent link: https://www.econbiz.de/10005353406
We complete the development of a testing ground for axioms of discrete stochastic choice. Our contribution here is to develop new posterior simulation methods for Bayesian inference, suitable for a class of prior distributions introduced by McCausland and Marley (2013). These prior distributions...
Persistent link: https://www.econbiz.de/10011186236
We propose methods for testing hypotheses of non-causality at various horizons, as defined in Dufour and Renault (1998, Econometrica). We study in detail the case of VAR models and we propose linear methods based on running vector autoregressions at different horizons. While the hypotheses...
Persistent link: https://www.econbiz.de/10005353142
Persistent link: https://www.econbiz.de/10005353143
This Paper Goes Against the Current That, When Price Ae Determined From a Markup, Labor Is the Main Cause for Inflation …. It Will Be Shown on the Contrary That Capital, Under Its Physical Anf Financial Form, Is the Main Culprit for Inflation … Responsability of Capital with Respect to Inflation Would Be Between 75% and 90%. …
Persistent link: https://www.econbiz.de/10005353190
Purpose of Which Was to Put Forward a Qualitative Theory of Inflation, Have Their Theoritical Foundation in Marx's Theory of …
Persistent link: https://www.econbiz.de/10005353192
Resultats Disponibles Sur Cette Question, Nous Specifions Diverses Equations de Comportement de Salaires Par Region. L'estimation …'une Region a L'autre. Par Ailleurs, les Elasticites des Salaires a L'inflation Anticipee Sont Aussi Regionalement Differentiees …
Persistent link: https://www.econbiz.de/10005353197
Cet Article Comprend Trois Sections: Dans la Premiere Section, Je Decris un Nouveau Modele Econometrique de L'inflation … Est Incompatible Avec le Fonctionnement Normal D'une Economie Capitaliste, et Que L'inflation Vient de L …
Persistent link: https://www.econbiz.de/10005353214