Showing 1 - 10 of 67
consumption and investment expenditures, as well as their broadly defined components, are examined. We also test for effects of … money on long run reallocations of consumption expenditures among durables, nondurables, and services. The time series …This paper tests for long run effects of money on real expenditures in the U.S. over the 1959-2002 period. Real …
Persistent link: https://www.econbiz.de/10005412854
The paper revisits the investment simulation based on strategies exhibited by Generalized (m,2)-Zipf law to present an … particular length of words, we can see how wild historical fluctuations over time series data coped with the Zipf strategies. …
Persistent link: https://www.econbiz.de/10005561693
superior management expertise that allows them to predict market fluctuations and plan the expansion and investment strategies …) adjustment and validate the use of a discrete choice modelling thereafter. Investment process occurs more smoothly than … anticipate the investment spikes by hiring one year in advance in addition to the simultaneous hiring. These firms possess a …
Persistent link: https://www.econbiz.de/10005408290
adverse effects on the growth rates of investment and durable consumption, whereas the in uence on non-durable consumption …We estimate the effects of stock market volatility on the growth rates of durable consumption, non-durable consumption …
Persistent link: https://www.econbiz.de/10010727824
adverse effects on the growth rates of investment and durable consumption, whereas the in uence on non-durable consumption …We estimate the effects of stock market volatility on the growth rates of durable consumption, non-durable consumption …
Persistent link: https://www.econbiz.de/10009022076
SAVING DOES NOT EQUAL INVESTMENT John Maynard Keynes confused economists and politicians all over the world when he … wrote, “Saving is necessary to equal investment” together with a few equations to confirm his idea and finally concluding … that S = I. There have been repeated discussions about how saving can equal investment, accidentally or with certainty. We …
Persistent link: https://www.econbiz.de/10005126256
The purpose of the paper is to present a tractable model of an old topic which is becoming more important in macroeconomics: the link between financial structure and economic activity.
Persistent link: https://www.econbiz.de/10005126180
This paper investigates the dynamic effects of monetary and fiscal policy in a monetary union, which is characterized by asymmetric interest rate transmission. This asymmetry gives rise to intertemporal reversals in the relative effectiveness of policy on member country outputs. The direction...
Persistent link: https://www.econbiz.de/10005126325
their investment decisions. Moreover, financial con-straints become more severe in times of restrictive monetary policy. JEL …
Persistent link: https://www.econbiz.de/10010727697
In 1867, the "Compromise" between Austria and Hungary laid the foundation of a single currency system with a common central bank. As in todayÂ’s euroland, each part of the monarchy remained sovereign in fiscal matters. Moreover, the borrowing needs of both parts of the monarchy were...
Persistent link: https://www.econbiz.de/10010727733