Similar Search Results

Expectations, Asset Prices, and Monetary Policy : The Role of Learning

Gilchrist, Simon - 2006

. Asset price movements induced by changes in trend growth influence balance-sheet conditions that determine the external … the asset price gap represents distortions in the resource allocation induced by financial market imperfections more … calculation of the potential and thus reduces the benefit of responding to the asset price gap. A policy that responds to the …

Persistent link: https://www.econbiz.de/10012466222

Labor Market Shifts and the Price Puzzle Revisited

Krueger, Alan B. - 1997

This paper examines the relationship between price growth and skill intensity across 150 manufacturing industries … between 1989 and 1995. There are two main findings. First, wage growth and intermediate goods price increases are passed …

Persistent link: https://www.econbiz.de/10012472900

The Role of Exporters and Domestic Producers in GVCs : Evidence for Belgium based on Extended National Supply-and-Use Tables Integrated into a Global Multiregional Input-Output Tab...

Michel, Bernhard - 2018

For a finer analysis of global value chain integration and competitiveness, we develop and apply a method for a micro-data based breakdown of manufacturing industries in the 2010 Belgian supply-and-use tables into export-oriented and domestic market firms. The former are defined as those firms...

Persistent link: https://www.econbiz.de/10012480807

Accounting for Firm Heterogeneity within U.S. Industries : Extended Supply-Use Tables and Trade in Value Added using Enterprise and Establishment Level Data

Fetzer, James J. - 2018

This paper presents experimental tables created by the U.S. Bureau of Economic Analysis comparing industry-specific shares of the components of total output of globally engaged firms located in the United States that are part of a multinational enterprise with those of firms that are part of an...

Persistent link: https://www.econbiz.de/10012480900

Child Skill Production : Accounting for Parental and Market-Based Time and Goods Investments

Caucutt, Elizabeth M. - 2020

Persistent link: https://www.econbiz.de/10012481141

Persuasion on Networks

Egorov, Georgy - 2020

We analyze persuasion in a model in which each receiver can buy a direct access to the sender's signal or rely on her network connections to get it. For the sender, a higher bias increases the impact per direct receiver, yet diminishes the willingness of agents to receive information. Contrary...

Persistent link: https://www.econbiz.de/10012481484

Input-Output Networks and Misallocation

Hang, Jing - 2020

This paper develops a framework for studying the macroeconomic costs of resource misallocation. The framework enables the assessment of the conditions under which the existing estimates in the misallocation literature, which are largely based on a value-added production structure and ignore...

Persistent link: https://www.econbiz.de/10012482203

The Economic Consequences of Sir Robert Peel : A Quantitative Assessment of the Repeal of the Corn Laws

Irwin, Douglas A. - 2020

income on food, gain. To assess whether the model yields reasonable results, we compare the model's output, price, and trade …

Persistent link: https://www.econbiz.de/10012482361

Dynamical Structure and Spectral Properties of Input-Output Networks

Liu, Ernest - 2020

We associate a dynamical system with input-output networks and study its spectral properties. Specifically, we develop a dynamic production network model featuring adjustment costs of changing inputs and thus gradual recovery from temporary TFP shocks. First, we explicitly solve for the output...

Persistent link: https://www.econbiz.de/10012482397

Keynesian Production Networks and the Covid-19 Crisis : A Simple Benchmark

Baqaee, David; Farhi, Emmanuel - National Bureau of Economic Research - 2021

The Covid-19 crisis is an unusual and seemingly all-encompassing economic shock. On the one hand, it was unquestionably a negative demand shock that, for fixed prices and incomes, reduced household spending. On the other hand, it was also unquestionably a negative supply shock that reduced...

Persistent link: https://www.econbiz.de/10012482564

1
2
3
4
5
6
7
8
9
10
Next
Last