Similar Search Results

Estimating the cross-sectional distribution of price stickiness from aggregate data

Carvalho, Carlos; Dam, Niels Arne - 2010

We estimate a multi-sector sticky-price model for the U.S. economy in which the degree of price stickiness is allowed to vary across sectors. For this purpose, we use a specification that allows us to extract information about the underlying cross-sectional distribution from aggregate data....

Persistent link: https://www.econbiz.de/10010321241

Worker heterogeneity, selection, and employment dynamics in the face of aggregate demand and pandemic shocks

Ravenna, Federico; Walsh, Carl E. - 2020

In a new Keynesian model with random search in the labor market, endogenous selection among heterogeneous workers amplifies fluctuations in unemployment and results in excess unemployment volatility relative to the efficient allocation. Recessions disproportionately affect lowproductivity...

Persistent link: https://www.econbiz.de/10012659972

Business cycles, monetary transmission and shocks to financial stability: Empirical evidence from a new set of Danish quarterly national accounts 1948-2010

Abildgren, Kim - 2010

In Denmark official quarterly national accounts are only available for the period since 1977. The paper constructs a set of summary non-seasonally adjusted quarterly national accounts for Denmark for 1948-2010 in current and constant prices as well as a set of other key quarterly macroeconomic...

Persistent link: https://www.econbiz.de/10010321190

Estimates of the Danish general government budget balance and the cyclical budget volatility 1875-2003

Abildgren, Kim - 2005

The paper presents time series for Danish general government net lending in the period 1875-2003 and analyses the long-term term fiscal development in Denmark. Even though Denmark today has one of the largest public sectors in Europe, relatively speaking, the Danish general government's deficit...

Persistent link: https://www.econbiz.de/10010321202

What drives financial markets? Real-time macroeconomic indicators

Hansen, Jakob Lage - 2006

macroeconomic factors that drive markets (growth and inflation in the euro area and the US respectively and global risk appetite …

Persistent link: https://www.econbiz.de/10010321221

Consumer prices in Denmark 1502-2007

Abildgren, Kim - 2009

relation to the recently completed Danish Price History Project. If one define price stability as an inflation rate around 2 … four decades following the end of the Second World War where inflation expectations lost their anchor. …

Persistent link: https://www.econbiz.de/10010321177

Financial liberalisation and credit dynamics in Denmark in the post-world war II period

Abildgren, Kim - 2007

Long-span time series on credit by institutional sectors and industries are not readily available in Denmark. The paper constructs annual time series for credit to Danish residents by sector and industry 1951-2005 and explores the trends and cycles in credit during the past five decades. There...

Persistent link: https://www.econbiz.de/10010321234

Konjunkturcykler i Danmark og Europa

Dam, Niels Arne - 2008

Several countries at the core of the Euro area have experienced coincident business cycles during the most recent decades, while the Danish economy seemed detached from these cycles during the 1980's and part of the 1990's. To a large degree, the decoupling of the Danish economy reflects...

Persistent link: https://www.econbiz.de/10010321203

An input-output based measure of underlying domestic inflation in Denmark 1903-2002

Abildgren, Kim - 2006

The paper analyses the development in inflation in Denmark during the last century. New annual input-output based time …-series data for the underlying domestic inflation in Denmark 1903-2002 is constructed by stripping the development in the private … analysis seems to suggest that an input-output based underlying inflation measure paints a fundamentally different picture of …

Persistent link: https://www.econbiz.de/10010321214

A historical perspective on interest rates in Denmark 1875-2003

Abildgren, Kim - 2005

comparisons are made with the development in Germany, the UK, the USA, Norway and Sweden. … constructed. The stylised facts of the development in real interest rates and inflation expectations in Denmark are presented, and …

Persistent link: https://www.econbiz.de/10010321233