Narrow search
Showing 1 - 10 of 431
Cover Image
China's Potential Future Growth and Gains from Trade Policy Bargaining : Some Numerical Simulation Results
Li, Chunding - 2012
Numerical simulation analysis of bargaining solutions is little developed in existing literature. Here we use a multi country, single period numerical general equilibrium model which captures China and her major trading partners and examine the outcomes of trade policy bargaining solutions...
Persistent link: https://www.econbiz.de/10012460832
Cover Image
Russia's Fiscal Gap
Goryunov, Eugene - 2013
debt still have very major fiscal problems? The answer is that the Russia's energy resources are finite, whereas its … expenditure needs are not. Moreover, Russia is aging and facing massive obligations from its pension system and other age related …This study estimates Russia's 2013 fiscal gap at 890 trillion rubles or $28 trillion. This longterm budget shortfall is …
Persistent link: https://www.econbiz.de/10012459053
Cover Image
Investment Subsidies and Wages in Capital Goods Industries : To the Workers Go the Spoils?
Goolsbee, Austan - 1998
This paper looks at the impact of investment tax subsidies on the labor market for capital goods workers using data from the 1979-88 Current Population Survey. The results show that investment subsidies drive up the wages of workers who produce capital goods relative to other manufacturing...
Persistent link: https://www.econbiz.de/10012472281
Cover Image
Comparison and Analysis of Productivity Growth and R&D Investment in theElectrical Machinery Industries of the United States and Japan
Nadiri, M. Ishaq - 1986
This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital formation in both countries. A substantial amount of...
Persistent link: https://www.econbiz.de/10012477226
Cover Image
Generational Accounting and Immigration in the United States
Auerbach, Alan J. - 1999
In recent years, the renewed strength of immigration to the United States has sparked a debate about the economic effects of immigration. A central issue in this debate has been the fiscal impact of immigrants. Most research in this area has adopted a static, cross-section approach in assessing...
Persistent link: https://www.econbiz.de/10012471759
Cover Image
Forecasting Inflation
Stock, James H. - 1999
This paper investigates forecasts of U.S. inflation at the 12-month horizon. The starting point is the conventional unemployment rate Phillips curve, which is examined in a simulated out of sample forecasting framework. Inflation forecasts produced by the Phillips curve generally have been more...
Persistent link: https://www.econbiz.de/10012471777
Cover Image
Coal-Fired Power Plant Retirements in the U.S
Davis, Rebecca J.; Holladay, J. Scott; Sims, Charles - National Bureau of Economic Research - 2021
, and forecast the remaining operating life for every operating coal-fired generator. We summarize the technology and … our forecast horizon …
Persistent link: https://www.econbiz.de/10012585433
Cover Image
Noise in Expectations : Evidence from Analyst Forecasts
De Silva, Tim - National Bureau of Economic Research - 2021
This paper quantifies the amount of noise and bias in analysts' forecast of corporate earnings at various horizons. We …
Persistent link: https://www.econbiz.de/10012585447
Cover Image
Measuring U.S. Fiscal Capacity using Discounted Cash Flow Analysis
Jiang, Zhengyang; Lustig, Hanno; Van Nieuwerburgh, Stijn; … - National Bureau of Economic Research - 2022
We use discounted cash flow analysis to measure a country's fiscal capacity. Crucially, the discount rate applied to projected cash flows includes a GDP risk premium. We apply our valuation method to the CBO's projections for the U.S. federal government's deficit between 2022 and 2051 and debt...
Persistent link: https://www.econbiz.de/10013190996
Cover Image
AI Adoption in a Monopoly Market
Gans, Joshua - National Bureau of Economic Research - 2022
The adoption of artificial intelligence (AI) prediction of demand by a monopolist firm is examined. It is shown that, in the absence of AI prediction, firms face complex trade-offs in setting price and quantity ahead of demand that impact on the returns of AI adoption. Different industrial...
Persistent link: https://www.econbiz.de/10013191089