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On the Evidence of Non-Linear Structure in Canadian Unemployment.

Mikhail, Ossama; Eberwein, Curtis J.; Handa, Jagdish - EconWPA - 2003

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

The Coase Problem: A Transformation of the Usual Utility Function

Maçãs, Paulo - EconWPA - 2003

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

Durables, Nondurables, Down Payments and Consumption Excesses

Luengo-Prado, Maria J. - EconWPA - 2004

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

Another Perspective on Planned obsolescence: is there really too much Innovation?

Ruiz, Juan - EconWPA - 2003

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

O EFEITO DA PUBLICIDADE EXPERIMENTÁVEL NA FIXAÇÃO DO PREÇO DOS BENS DURÁVEIS

Maçãs, Paulo; Leitão, João; Osório, Carlos - EconWPA - 2003

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

Designing Free Sofware for Marketing: A Game Theoretic Approach

Faugere, Christophe; Tayi, Giri Kumar - EconWPA - 2003

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

The Efficiency of Canadian Capital Markets: Some Bank of Canada Research

Hendry, Scott; King, Michael R. - EconWPA - 2004

Bank of Canada is interested in the efficient functioning of capital markets through each of its responsibilities for … conducted thus far suggests that Canadian capital markets are efficient for a capital market of Canada's size but are less …

Persistent link: https://www.econbiz.de/10005413072

Testing and Estimating Persistence in Canadian Unemployment.

Mikhail, Ossama; Eberwein, Curtis J.; Handa, Jagdish - EconWPA - 2003

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

Understanding Social Capital: Its Nature and Manifestiations in Rural Canada

Reimer, Bill - EconWPA - 2005

each type. Using national community and household data collected as part of a research project on rural Canada (The New …

Persistent link: https://www.econbiz.de/10005118864

Democracy of Pressure Groups

Bhandari, Jayant - EconWPA - 2003

· The report contains positive references to profit, capital, liberty and freedom (including free-market economy), and the struggle of the world’s poor in the developing world – if we dared, and cared to ask them, that is, to achieve these. These references might be too sacrilegious to be...

Persistent link: https://www.econbiz.de/10005119346