Showing 1 - 10 of 56
In this paper, we focus on and examine the empirical evidence of non- linearity in aggregate Canadian unemployment … reject the null hypothesis of a linear structure for Canadian unemployment. …
Persistent link: https://www.econbiz.de/10005412624
Given that demand for durable goods is not constant over time, we propose in this article a transformation of the utility function, which accounts for discrete time and for the effect of different levels of income in the utility of buying. With this, the original Coase paradox will collapse. The...
Persistent link: https://www.econbiz.de/10005413295
We examine a model that generalizes the standard buffer-stock model of savings to accommodate durables, nondurables and a collateralized liquidity constraint, with and without adjustment costs in the durables market. Since there is no known analytical solution to the model, we solve it...
Persistent link: https://www.econbiz.de/10005561071
We develop a vertical differentiation game-theoretic model that addresses the issue of designing free software samples for attaining follow-on sales. When software samples are akin to durable goods, a Monopolist giving a free sample away is likely to engender the cannibalization of sales of its...
Persistent link: https://www.econbiz.de/10005118541
Models of durable goods with network externalities that set instantaneously have emphasized that a monopolist selling those goods has too high an incentive to introduce new vintages of the durable good, to make previous vintages (already bought by consumers) obsolete. This is referred to as...
Persistent link: https://www.econbiz.de/10005561432
Resumo: O consumidor de um bem durável tem uma expectativa face ao momento futuro, que é caracterizada pelo usufruto de uma inovação do produto introduzida através da publicidade experimentável, a qual contribui para a diminuição do preço dos bens duráveis no momento actual. A...
Persistent link: https://www.econbiz.de/10005561804
recipients. I use a model of tax and spending incidence for Canada in 1990 to see which conjecture helps best to understand the …
Persistent link: https://www.econbiz.de/10005126005
más importantes empresas que componen el mercado de Canadá, España, Europa, USA y Gran Bretaña. Se utiliza la metodología …
Persistent link: https://www.econbiz.de/10005134921
conditional on the unemployment variables on which allocation decisions were to have been made. …
Persistent link: https://www.econbiz.de/10005135103
A vital implication of unemployment persistence applies to the Bank of Canada's disinflation policies since it … adversely influences unemployment and considerably lengthens recessions. This paper tests for persistence in Canadian sectoral … unemployment, using the modified rescaled-range test. Our results show evidence of persistence in sectoral unemployment that …
Persistent link: https://www.econbiz.de/10005062535