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Identifying the common component of international economic fluctuations : a new approach
Lumsdaine, Robin L.; Prasad, Eswar S. - 2002
In this paper, we develop an aggregation procedure using time-varying weights for constructing the common component of international economic fluctuations. The methodology for deriving time-varying weights is based on some stylized features of the data documented in the paper. The model allows...
Persistent link: https://www.econbiz.de/10011411238
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The variability and volatility of sleep: an archetypal approach
Hamermesh, Daniel S.; Pfann, Gerard A. - 2022
Using Dutch time-diary data from 1975-2005 covering over 10,000 respondents for 7 consecutive days each, we show that individuals' sleep time exhibits both variability and volatility characterized by stationary autoregressive conditional heteroscedasticity: The absolute values of deviations from...
Persistent link: https://www.econbiz.de/10012805079
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From riches to rags, and back? : institutional change, financial development and economic growth in Argentina since the 1890s
Campos, Nauro; Karanasos, Menelaos; Tan, Bin - 2014
Argentina is the only country in the world that was "developed" in 1900 and "developing" in 2000. The various competing explanations highlight, mainly, the roles of trade openness, political institutions, financial integration, financial development, and macroeconomic instability. Yet no study...
Persistent link: https://www.econbiz.de/10010440609
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Fiscal policy, interest rate spreads, and the zero lower bound
Bredemeier, Christian; Jüßen, Falko; Schabert, Andreas - 2015
This paper questions unconventional fiscal policy effects when the monetary policy rate is at the zero lower bound. We provide evidence for the US that the spread between the policy rate and the US-LIBOR, which is more relevant for private sector transactions, increases with government...
Persistent link: https://www.econbiz.de/10010510610
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Happiness and the human development index : Australia is not a paradox
Leigh, Andrew (contributor); Wolfers, Justin (contributor) - 2006
In "Happiness and the Human Development Index: The Paradox of Australia," Blanchflower and Oswald (2005) observe an … apparent puzzle: they claim that Australia ranks highly in the Human Development Index (HDI), but relatively poorly in … happiness. However, when we compare their happiness data with the HDI, Australia appears happier, not sadder, than its HDI score …
Persistent link: https://www.econbiz.de/10003320917
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Gender, time use and public policy over the life cycle
Apps, Patricia (contributor); Rees, Ray (contributor) - 2005
countries: Australia, the UK and Germany. We discuss the extent to which gender differences and life cycle variation in time use …
Persistent link: https://www.econbiz.de/10003287687
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From golden age to golden age : Australia's "great leap forward"?
Frijters, Paul (contributor); Gregory, Robert G. (contributor) - 2006
use ; institutional reform ; Australia …
Persistent link: https://www.econbiz.de/10003304680
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Competing approaches to forecasting elections : economic models, opinion polling and prediction markets
Leigh, Andrew (contributor); Wolfers, Justin (contributor) - 2006
. While the evidence for economic voting has historically been weak for Australia, the 2004 election suggests an increasingly …
Persistent link: https://www.econbiz.de/10003334619
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Cultural transmission of work-welfare attitudes and the intergenerational correlation in welfare receipt
Barón, Juan D. (contributor);  … - 2008
This paper considers the potential for the cultural transmission of attitudes toward work, welfare, and individual responsibility to explain the intergenerational correlation in welfare receipt. Specifically, we investigate whether 18-year olds' views about social benefits and the drivers of...
Persistent link: https://www.econbiz.de/10003793492
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Labour market dynamics in Australia : what drives unemployment?
Karanassou, Marika (contributor); Sala, Hector (contributor) - 2009
The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly … area which is particularly relevant for Australia. This paper attempts to fill this void by estimating a multi …
Persistent link: https://www.econbiz.de/10003793964