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Efectos Macroeconómicos de la Política Fiscal en Ecuador 1993-2009
Carrillo, Paul A. - Volkswirtschaftliche Fakultät, … - 2010
positive shock of government consumption has an effect on taxes and investment, v) fiscal policy instruments have a high …
Persistent link: https://www.econbiz.de/10009368137
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Measuring Capital Mobility in the Asia Pacific Rim
Chan, Tze-Haw; Baharumshah, Ahmad Zubaidi - Volkswirtschaftliche Fakultät, … - 2003
This study revisits the Feldstein-Horioka puzzle by investigating the saving-investment nexus through the unit root test, cointegration procedure, unrestricted VAR causality, and dynamic OLS (DOLS). Ten Asia Pacific nations of different level of economic development and financial openness were...
Persistent link: https://www.econbiz.de/10005836186
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“Modelo Dinámico para Análisis y Pronóstico del Producto Interno Bruto”: Un Enfoque Fiscal Aplicando un Modelo SVAR
Carrillo, Paul A. - Volkswirtschaftliche Fakultät, … - 2010
This paper shows the dynamic relationships which the components of Gross Domestic Product (GDP) with direct and indirect taxes. We use a structural vector autoregressive model (SVAR) to examine the effect (temporary or permanent) of taxes on domestic production in Ecuador. The calibration of...
Persistent link: https://www.econbiz.de/10009151552
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Private sector balance, financial markets, and U.S. cycle: A SVAR analysis
Casadio, Paolo; Paradiso, Antonio - Volkswirtschaftliche Fakultät, … - 2010
Purpose – Considering the sectoral balance approach of Godley, and focusing only on the two main components of the private sector balance for the U.S. economy (household and non-financial corporate balance), we investigate the relationship between these two sectors, the financial variables,...
Persistent link: https://www.econbiz.de/10008788803
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Expectations-Based Reference-Dependent Life-Cycle Consumption
Pagel, Michaela - Volkswirtschaftliche Fakultät, … - 2013
life-cycle consumption facts; the intuitions behind these three implications constitute novel connections between recent … advances in behavioral economics and prominent ideas in the macro consumption literature. First, expectations-based loss … aversion rationalizes excess smoothness and sensitivity in consumption, the puzzling empirical observation of lagged …
Persistent link: https://www.econbiz.de/10011110628
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The Effects of Fiscal Policy on Consumption in Good and Bad Times
Hristov, Atanas - Volkswirtschaftliche Fakultät, … - 2013
I examine the effects of fiscal policy actions on private consumption in a yearly panel of sixteen OECD countries …—with expansionary fiscal policy boosting consumption in recessions, having a nil effect on it in normal times or in fiscal stress, and … strongly displacing consumption in mixed states when recession and fiscal stress coincide. This happens because the liquidity …
Persistent link: https://www.econbiz.de/10011258709
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QR Codes Usage Approach In The Virtualized Consumption
Muntean, Mihaela; Mircea, Gabriela; Bazavan, Sandra - Volkswirtschaftliche Fakultät, … - 2012
consumption and perform towards profitability as a new strategic resource. …
Persistent link: https://www.econbiz.de/10011260017
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Development of System Dynamic Model of Latvia’s Economic Integration in the EU
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2011
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU increased the amount of received means from structural...
Persistent link: https://www.econbiz.de/10009367975
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Long run effects of money on real consumption and investment in the U.S.
Shelley, Gary; Wallace, Frederick - Volkswirtschaftliche Fakultät, … - 2006
-2004 period. Real consumption and investment expenditures, as well as their broadly defined components, are examined. We also test …
Persistent link: https://www.econbiz.de/10005623388
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Is Fiscal Policy Contracyclical in India: An Empirical Analysis
Chakraborty, Pinaki; Chakraborty, Lekha S - Volkswirtschaftliche Fakultät, … - 2006
The paper empirically examines the validity of Keynesian philosophy of contracyclical variation in fiscal policy to the macroeconomic activity in India. The macroeconomic activity is proxied by ‘output gap’ a concept defined to estimate the index of economic activity. Applying Johansen’s...
Persistent link: https://www.econbiz.de/10005616872