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Friedman's Plucking Model of Business Fluctuations : Tests and Estimates of Permanent and Transitory Components.
Kim, C-J; Nelson, C-R - Department of Economics, University of Washington - 1997
More than thirty years ago Milton Friedman proposed a 'plucking' model of business fluctuations in which output cannot exceed a ceiling level, but will, from time to time, be plucked downward by recession. The model implied that business fluctuations are asymmetric, that recessions have only a...
Persistent link: https://www.econbiz.de/10005198636
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ARE HOUSEHOLDS AVERSE TO INEQUALITY OF MARKET LABOR SUPPLY AMONG THEIR MEMBERS? ECONOMMETRIC ESTIMATES FOR RURAL SOUTH INDIA.
BEHRMAN, J.R.; DEOLALIKAR, A.B. - Department of Economics, University of Washington - 1990
Persistent link: https://www.econbiz.de/10005775315
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Order and Inference in Quanlitative Response Models.
Pollak, R.A.; Vela, F.; Crawford, D.L. - Department of Economics, University of Washington - 1993
Persistent link: https://www.econbiz.de/10005618448
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More on the Exact Small Sample Distribution of the Instrumental Variable Estimator: A Reply to Maddala and Jeong.
Nelson, C.R.; Startz, R. - Department of Economics, University of Washington - 1990
Persistent link: https://www.econbiz.de/10005618465
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What is the Best Estimator of the ML Covariance in Linear Regression Models?
Parks, R.W.; Savin, N.E. - Department of Economics, University of Washington - 1991
Persistent link: https://www.econbiz.de/10005618470
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THE TIME-VARYING-PARAMETER MODEL AS AN ALTERNATIVE TO ARCH FOR MODELING CHANGING CONDITIONAL VARIANCE: THE CASE OF THE LUCAS HYPOTHESIS.
NELSON, C.R.; KIM, C-J. - Department of Economics, University of Washington - 1988
Persistent link: https://www.econbiz.de/10005618531
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RATIONAL CONJECTURES EQUILIBRIA IN THE PRIVATE PROVISION OF PUBLIC GOODS.
SCAFURI, A.J. - Department of Economics, University of Washington - 1989
Persistent link: https://www.econbiz.de/10005618532
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Friedman's Plucking Model of Business Fluctuations : Tests and Estimates of Permanent and Transitory Components.
Kim, C-J; Nelson, C-R - Department of Economics, University of Washington - 1997
More than thirty years ago Milton Friedman proposed a 'plucking' model of business fluctuations in which output cannot exceed a ceiling level, but will, from time to time, be plucked downward by recession. The model implied that business fluctuations are asymmetric, that recessions have only a...
Persistent link: https://www.econbiz.de/10005474575
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More on the Exact Small Sample Distribution of the Instrumental Variable Estimator: A Reply to Maddala and Jeong.
Nelson, C.R.; Startz, R. - Department of Economics, University of Washington - 1990
Persistent link: https://www.econbiz.de/10005432291
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ARE HOUSEHOLDS AVERSE TO INEQUALITY OF MARKET LABOR SUPPLY AMONG THEIR MEMBERS? ECONOMMETRIC ESTIMATES FOR RURAL SOUTH INDIA.
BEHRMAN, J.R.; DEOLALIKAR, A.B. - Department of Economics, University of Washington - 1990
Persistent link: https://www.econbiz.de/10005432340