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The following paper discusses the analysis of some types of economic time series using an altered time scale, or … operational time. It is argued that for some series, observations that are ordinarily thought of as equidistant in time are … actually irregularly spaced in a more natural time scale. Section A discusses point or impulse sampling of related series and …
Persistent link: https://www.econbiz.de/10013217235
high/low mood periods, including those induced by Daylight Saving Time changes, weather conditions and anticipation of …
Persistent link: https://www.econbiz.de/10013224974
shock, depending on race and gender, resulting in a significant increase in mortality rates and drop in life expectancy. We …We adopt a time series approach to investigate the historical relation between unemployment, life expectancy, and … mortality rates. We fit Vector-autoregressions for the overall US population and for groups identified based on gender and race …
Persistent link: https://www.econbiz.de/10013247846
time-varying weight in new lists, and one can decompose the market return into a fixed weight return plus a timing return …
Persistent link: https://www.econbiz.de/10012787155
average returns. This rules out typical risk-based explanations and is a challenge to structural models of time …
Persistent link: https://www.econbiz.de/10012993228
This paper attempts to assess whether money can generate persistent economic" fluctuations in dynamic general equilibrium models of the business cycle. We show that a small" nominal friction in the goods market can make the response of output to monetary shocks large" and persistent if it is...
Persistent link: https://www.econbiz.de/10013248406
A growing literature associates poverty with biases in decision-making. We investigate this link in a sample of over 3,000 small-scale farmers in Zambia, who participated in a series of experiments involving the opportunity to exchange randomly assigned household items for alternative items of...
Persistent link: https://www.econbiz.de/10012861726
We examine the retail prices and wholesale prices of a large supermarket chain in Chicago over seven and one-half years. We show that prices tend to fall during the seasonal demand peak for a product and that changes in retail margins account for most of those price changes; thus we add to the...
Persistent link: https://www.econbiz.de/10013231859
Persistent link: https://www.econbiz.de/10013237299
Using disaggregated production data we show that the size of seasonal cycles changes significantly over the course of the business cycle. In particular, during periods of high economy-wide activity, some industries smooth seasonal fluctuations while others exaggerate them. We interpret this...
Persistent link: https://www.econbiz.de/10013240631