Showing 1 - 10 of 21
Stature is increasingly popular among economic historians as a proxy for (biological) standard of living. Recently, researchers have started branching out from written sources to the study of stature from skeletal remains. Current methods for the reconstruction of stature from the skeleton...
Persistent link: https://www.econbiz.de/10011278271
Stature is increasingly popular among economic historians as a proxy for (biological) standard of living. Recently, researchers have started branching out from written sources to the study of stature from skeletal remains. Current methods for the reconstruction of stature from the skeleton...
Persistent link: https://www.econbiz.de/10011251254
This paper explores the relationship between height and its explanatory variables, explicitly paying attention to dynamics involved in the velocity of growth. We establish that the relationship is characterized by a changing lag pattern. We try to illustrate this with recently published data on...
Persistent link: https://www.econbiz.de/10011251272
This paper compares different business cycle dating methods both on theoretical and practical grounds. Weighing the pros and cons of these methods, and based on a new data set for The Netherlands in the nineteenth century, we finally recommend two preferred methods for doing further business...
Persistent link: https://www.econbiz.de/10011251311
The structural vector autoregression (SVAR) and simultaneous equation macroeconometric model (SEM) styles of empirical macroeconomic modelling are compared and contrasted, with reference to two models of the UK economy, namely the Cambridge long-run structural VAR model and the COMPACT model....
Persistent link: https://www.econbiz.de/10011251432
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross substitution theorem. The paper shows the relationship of the two conditions to the weak dominant diagonal property of the matrix of interest rate elasticities. This enables to investigate the...
Persistent link: https://www.econbiz.de/10011251524
This article exploits a unique new dataset containing information on the economy of the Netherlands to date business cycles turning points in the 19th century (1815-1913) using a modern econometric technique. The business cycle in the Netherlands is compared to the international (UK and US)...
Persistent link: https://www.econbiz.de/10011251564
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross substitution theorem. The paper shows the relationship of the two conditions to the weak dominant diagonal property of the matrix of interest rate elasticities. This enables to investigate the...
Persistent link: https://www.econbiz.de/10011251605
This paper analyses the impact of the Global Financial Crisis on the Euro area utilizing a simple dynamic macroeconomic model with interaction between monetary policy and fiscal policy. The model consists of an IS curve, a Phillips curve, a term structure relation, a debt accumulation equation...
Persistent link: https://www.econbiz.de/10011252434
A well-documented property of the Beveridge-Nelson trend-cycle decomposition is the perfect negative correlation between trend and cycle innovations. This paper gives a novel explanation for this negative correlation originating from the Jacobs-van Norden (2011) data revision model. Trend shocks...
Persistent link: https://www.econbiz.de/10011252461