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Hall, Robert E. - 2014

more than in proportion to corporate profit. The discount rate implicit in the stock market rises, and discounts for other … claims on business income also rise. According to the leading view of unemployment-the Diamond-Mortensen-Pissarides model …-when the incentive for job creation falls, the labor market slackens and unemployment rises. Employers recover their …

Persistent link: https://www.econbiz.de/10012458792

Some Theoretical Connections Among Wealth, Income, Sustainability, and Accounting

Weitzman, Martin L. - 2016

In theory, and under some quite strong assumptions, there exists an important rigorous quantitative relationship among …-fold quantitative relationship in an ultra-simplified setting. I identify some basic applications of this simplified economic theory of …

Persistent link: https://www.econbiz.de/10012456614

Price and Volume Measures in the System of National Accounts

Diewert, W. Erwin - 1995

The paper is an extensive review of chapter 16 in the System of National Accounts, 1993 written by Peter Hill. The basic principles for measuring price and quantity change in the National Accounts are explained. The paper also presents some new material on the consistency of superlative indexes...

Persistent link: https://www.econbiz.de/10012473783

What is Productivity : Capacity or Welfare Management?

Hulten, Charles R. - 1992

A number of recent papers have examined the role of environmental variables in accounting for economic growth, and have concluded that net measures of national product are superior to gross measures in portraying the outcome of the growth process. This paper argues that the two measures are not...

Persistent link: https://www.econbiz.de/10012475012

Generational Accounts - A Meaningful Alternative to Deficit Accounting

Auerbach, Alan J. - 1991

This paper presents a set of generational accounts (GAS) that can be used to assess the fiscal burden current generations are placing on future generations. The GAS indicate the net present value amount that current and future generations are projected to pay to the government now and in the...

Persistent link: https://www.econbiz.de/10012475431

Issues in the Measurement and Interpretation of Saving and Wealth

Boskin, Michael J. - 1988

Alternative measures of saving are developed and compared to the traditional NIPA estimates. Various data sources and estimation methodologies all conclude that adjustments for net saving in durables, government capital, capital gains and losses, and revaluations are substantial. For example,...

Persistent link: https://www.econbiz.de/10012476439

The Proper Measurement of Government Budget Deficits : Comprehensive Wealth Accounting or Permanent Income Accounting for the Public Sector

Buiter, Willem H. - 1982

The paper studies budgetary, financial and monetary policy evaluationand design using a comprehensive wealth or permanent income accounting framework. A set of stylized balance sheets and permanent income accountsis constructed for the public, private and overseas sectors.These are then...

Persistent link: https://www.econbiz.de/10012478092

Algorithmic Coercion with Faster Pricing

Brown, Zach Y.; MacKay, Alexander - National Bureau of Economic Research - 2025

We examine a model in which one firm uses a pricing algorithm that enables faster pricing and multi-period commitment. We characterize a coercive equilibrium in which the algorithmic firm maximizes its profits subject to the incentive compatibility constraint of its rival. By adopting an...

Persistent link: https://www.econbiz.de/10015438294

The Analytics of Investment, q, and Cash Flow

Abel, Andrew B. - 2015

operating profit of capital, I extend the model to include measurement error and analyze the cash-flow coefficient in …

Persistent link: https://www.econbiz.de/10012457120

The Margins of Global Sourcing : Theory and Evidence from U.S. Firms

Antràs, Pol - 2014

We develop a quantifiable multi-country sourcing model in which firms self-select into importing based on their productivity and country-specific variables. In contrast to canonical export models where firm profits are additively separable across destination markets, global sourcing decisions...

Persistent link: https://www.econbiz.de/10012457894