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Tracking the new economy : using growth theory to detect changes in trend productivity
Kahn, James A. (contributor); Rich, Robert W. (contributor) - 2003 - [Elektronische Ressource]
The acceleration of productivity since 1995 has prompted a debate over whether the economy's underlying growth rate … identify variables other than productivity - namely consumption and labor compensation - to help estimate trend productivity … direction. In addition, we find that productivity data alone provide insufficient evidence of regime changes; corroborating …
Persistent link: https://www.econbiz.de/10001751984
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Productivity : what is it, and why do we care about it?
Steindel, Charles (contributor);  … - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001589561
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Information technology and the US productivity revival : what do the industry data say?
Stiroh, Kevin J. (contributor) - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001589618
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What's driving the new economy : the benefits of workplace innovation
Black, Sandra E. (contributor); Lynch, Lisa M. (contributor) - 2001 - [Elektronische Ressource]. - Revised: October 2000
Persistent link: https://www.econbiz.de/10001589696
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Why use debit instead of credit? : consumer choice in a trillion-dollar market
Zinman, Jonathan (contributor) - 2004 - [Elektronische Ressource]
Debit cards are overtaking credit cards as the most prevalent form of electronic payment at the point of sale, yet the determinants of a ubiquitous consumer choice - "debit or credit?" - have received relatively little scrutiny. Several stylized facts suggest that debit-card use is driven by...
Persistent link: https://www.econbiz.de/10002521756
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The incentive effects of higher education subsidies on student effort
Şahin, Ayşegül (contributor) - 2004 - [Elektronische Ressource]
"This paper uses a game-theoretic model to analyze the disincentive effects of low-tuition policies on student effort. The model of parent and student responses to tuition subsidies is then calibrated using information from the National Longitudinal Survey of Youth 1979 and the High School and...
Persistent link: https://www.econbiz.de/10002521757
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Why did the average duration of unemployment become so much longer?
Mukoyama, Toshihiko (contributor);  … - 2004 - [Elektronische Ressource]
"This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty years. First we analyze whether changes in the demographic composition of the U.S. labor force, particularly the age and gender composition, can explain this increase. We then...
Persistent link: https://www.econbiz.de/10002521759
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Forecasting and estimating multiple change-point models with an unknown number of change points
Koop, Gary M. (contributor); Potter, Simon M. (contributor) - 2004 - [Elektronische Ressource]
"This paper develops a new approach to change-point modeling that allows for an unknown number of change points in the observed sample. Our model assumes that regime durations have a Poisson distribution. The model approximately nests the two most common approaches: the time-varying parameter...
Persistent link: https://www.econbiz.de/10002521761
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Borrowers' financial constraints and the transmission of monetary policy : evidence from financial conglomerations
Ashcraft, Adam B. (contributor);  … - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001697781
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Trading risk and volatility in interest rate swap spreads
Kambhu, John (contributor) - 2004 - [Elektronische Ressource]
This paper examines how risk in trading activity can affect the volatility of asset prices. We look for this relationship in the behavior of interest rate swap spreads and in the volume and interest rates of repurchase contracts. Specifically, we focus on convergence trading, in which...
Persistent link: https://www.econbiz.de/10001936329