Showing 1 - 10 of 483
The paper examines the effects of the supply pressure of the exports in the Japan-U.S. bilateral trade. A simultaneous equation approach with a Almon lag structure is adopted. Two factors of supply pressure, i.e., full-employment capacity and inventory are specified, and positively-sloped export...
Persistent link: https://www.econbiz.de/10014398178
There is a widespread view that the adjustment of U.S. trade prices--and hence merchandise trade flows--in the face of the substantial dollar depreciation since early 1985 has been slower than might have been expected. This paper examines the recent behavior of U.S. trade prices, and concludes...
Persistent link: https://www.econbiz.de/10014396298
.S., Canada, Australia and Germany. It finds that, as for central governments, fiscal fundamentals matter in the pricing of risk …
Persistent link: https://www.econbiz.de/10011374734
effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and …
Persistent link: https://www.econbiz.de/10012667511
Persistent link: https://www.econbiz.de/10009423208
37 cities across the United States and Canada using quarterly data from 1983 to 2018. This paper finds that downside … risks to housing markets in the United States have seemingly fallen over the past decade, while having increased in Canada …
Persistent link: https://www.econbiz.de/10012251283
We assess the extent to which fiscal transfers smooth regional shocks in three large federations: the U.S., Canada, and …
Persistent link: https://www.econbiz.de/10011711804
Previous tests for convexity in the Phillips curve have been biased because researchers have employed filtering techniques for the NAIRU that have been fundamentally inconsistent with the existence of convexity. This paper places linear and nonlinear models of the Phillips curve on an equal...
Persistent link: https://www.econbiz.de/10014397807
The paper investigates how changes in industries'' funding costs affect total factor productivity (TFP) growth. Based on panel regressions using 31 U.S. and Canadian industries between 1991 and 2007, and using industries'' dependence on external funding as an identification mechanism, we show...
Persistent link: https://www.econbiz.de/10014398575
mechanisms in Canada and the United States and also examines the effects of the unemployment insurance (UI) system on labor … wage responses in Canada relative to the United States. Although overall UI generosity has increased aggregate unemployment … persistence in Canada, the endogenous component of UI has affected unemployment persistence only marginally. The lower degree of …
Persistent link: https://www.econbiz.de/10014401211