Similar Search Results

Long Run Effects of Money on Real Consumption and Investment in the U.S.

Shelley, Gary L.; Wallace, Frederick H. - EconWPA - 2004

consumption and investment expenditures, as well as their broadly defined components, are examined. We also test for effects of …

Persistent link: https://www.econbiz.de/10005412854

A calibrated structural model of the Czech economy

Hlédik, Tibor - EconWPA - 2004

The paper presents a structural model framework for a small open economy. The model, based on optimising households and firms, has been calibrated on Czech macroeconomic data in order to develop an analytic framework suitable for analysing key policy questions related to the Czech Republic’s...

Persistent link: https://www.econbiz.de/10005076689

Monetary Policy and Business Cycle Analysis in an Optimising Model with Expectations Lags

Paez-Farrell, Juan - EconWPA - 2003

Monetary models of the business cycle often neglect the importance of investment and the capital stock in the monetary … transmission mechanism. Most of the recent literature assumes either investment adjustment costs or ignores capital altogether … firms face a planning period before undertaking investment expenditures. The resulting model is able to replicate some of …

Persistent link: https://www.econbiz.de/10005412707

Economia sintetica

Vildosola, Luis - EconWPA - 1998

Theoretical study identifying one modality with conditions necesary for the financial stabilization of an inherently unstable system; and 5040 other unstable dynamic modes. It draws on knowledge made available by the academic field of Control Engineering.

Persistent link: https://www.econbiz.de/10005125628

The New Keynesian Phillips Curve: Some Counterfactual Evidence

Paez-Farrell, Juan - EconWPA - 2003

New Keynesian models of the business cycle have become the new paradigm of monetary economics, often used for policy analysis. This paper shows that this class of models fail in one crucial respect: they imply a strong negative contemporaneous correlation between inflation and output....

Persistent link: https://www.econbiz.de/10005126399

INDIAN DOMESTIC PRICES AND EXPORT OF AGRICULTURAL COMMODITIES

SACHDEVA, J K - EconWPA - 2003

Some economists, who favoured free trade, had predicted that world prices would rise after UR agreement and with establishment of WTO, but the factual position is quite different. Since 1995, world whole sale prices of commodities are falling at the rate ranging 1 to 17%. Secondly Indian...

Persistent link: https://www.econbiz.de/10005119291

Working-age Adult Mortality and Primary Sschool Attendance in Rural Kenya

Yamano, Takashi; Jayne, Thomas S. - EconWPA - 2005

The rapid increase in adult mortality due to the AIDS epidemic in sub- Saharan Africa raises great concern about its impact on child welfare. This article estimates the impact of AIDS-related adult mortality on primary school attendance in rural Kenya using a panel of 1,266 households surveyed...

Persistent link: https://www.econbiz.de/10005062404

Transmission of Demographic Shock Effects from Large to Small

Kenc, Turalay; Sayan, Serdar - EconWPA - 1998

affect the time paths of consumption, savings, investment and output substantially. Secondly, when they are transmitted onto …

Persistent link: https://www.econbiz.de/10005556703

Sex, Equality, and Growth (in that order)

Lagerlof, Nils-Petter - EconWPA - 2002

We set up a unified growth model capturing the transition of a primitive and egalitarian hunter-gatherer society, into an advanced and despotic early civilization, and finally into a more egalitarian industrial society. Agents are either landowners or landless; both earn income from human...

Persistent link: https://www.econbiz.de/10005556717

Is the Structure of Happiness Equations the Same in Poor and Rich Countries? The Case of South Africa.

Powdthavee, Nattavudh - EconWPA - 2003

similar structure and is U-shaped in age in South Africa as in developed countries. Well-being rises with income. Unemployment …

Persistent link: https://www.econbiz.de/10005407667