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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

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

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

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

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

Unhappiness and Crime: Evidence from South Africa

Powdthavee, Nattavudh - EconWPA - 2003

This paper is the first of its kind to study quality of life responses of crime victims. Using cross-sectional data from the OHS97 survey of South Africa, we show that victims report significantly lower well-being than the non-victims, ceteris paribus. Happiness is lower for nonvictimized...

Persistent link: https://www.econbiz.de/10005407734

A Model of Demographic and Economic Processe Interaction

Olenev, Nicholas; Sarancha, Dmitry - EconWPA - 2003

the consideration by a demographic model keeping age structure. We suppose that (i) a part of GDP ia used for investment …

Persistent link: https://www.econbiz.de/10005408298

FREE EDUCATION POLICY AND TRADE LIBERALIZATION: CONSEQUENCES ON CHILD AND ADULT LABOUR MARKETS IN A SMALL OPEN ECONOMY

Chaudhuri, Sarbajit; Mukhopadhyay, Ujjaini - EconWPA - 2005

area. Moreover, these policies mar raise the level of urban unemployment of adult labour even when two types of labour are …

Persistent link: https://www.econbiz.de/10005408357

Participación femenina en el mercado de trabajo: efectos sobre la distribución del ingreso en el Uruguay

Rossi, Maximo; Gonzalez, Cecilia - EconWPA - 2004

En este trabajo se analiza como ha impactado la mayor articipación femenina en el mercado de trabajo uruguayo sobre la equidad durante el período comprendido entre 1986 y 1997. El estudio se realiza para Montevideo y para el Resto del País Urbano. Los resultados, obtenidos a partir de la...

Persistent link: https://www.econbiz.de/10005408375