—complemented with data on private disposable income (PDI)—for 19 advanced countries at a quarterly frequency, starting in the first … back to 1975 with available historical data whenever necessary. Each house price index is seasonallyadjusted over the …-adjusted GDP shares in 2005, to compute an average (nominal and real) house price series and an average (nominal and real) per …

-movement of GDP and its components. Specifically we show that the addition of this one channel for strategic interaction leads to …

We examine how the fluctuations in financial and housing markets in U.S. affect the asset returns and GDP in Hong Kong …, followed by the TED spread, has the most significant effect on HK asset returns and GDP, typically in the regime with high …

We study a newly constructed panel data set of relative prices of a large number of consumer goods among 31 European … euro zone members. However, real exchange rates are very closely tied to relative GDP per capita within Europe, both across …-sector endowment economy model of real exchange rate determination. Simulating the model using the historical relative GDP per capita …

We propose a simple saving-based measure of the cyclical component in GDP. The measure is motivated by the prediction … approximation, the stochastic trend component of GDP is consumption and the transitory component is the error correction term, which …

Key macroeconomic variables such as GDP and investment typically display a V-shaped pattern during major emerging … neoclassical growth model. Under that lens, there is nothing special about the V-shaped trajectory that GDP, investment, and labor … Phoenix Miracle: the post-collapse recovery of TFP and GDP was about as strong as the model would have predicted. …

We distinguish between three different ways of using real-time data to estimate forecasting equations and argue that … observations of industrial production, employment, and retail sales to predict real GDP growth. When the model is estimated using …