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Regional GDP in Britain, 1871-1911: Some Estimates

Crafts, Nicholas F. R. - London School of Economics and Political Science - 2004

The paper builds on a method proposed by Geary and Stark (2002) for estimating regional incomes in Victorian Britain. This is modified by using tax data to allocate non-wage income across regions. The results suggest that the coefficient of variation of regional GDP per head was rising rapidly...

Persistent link: https://www.econbiz.de/10005870953

Default Risk Premium and Aggregate Fluctuations in a Small Open Economy

Çakıcı, S. Meral - 2011

This study investigates the implications of risk premium shocks for aggregate fluctuations in a small open economy with financial and informational frictions. A dynamic, stochastic, general equilibrium framework is developed, where the informational asymmetries among the agents in the model and...

Persistent link: https://www.econbiz.de/10010500196

Output-Employment Relationship across Sectors: A Long- versus Short-Run Perspective

Şahin, Afşin; Tansel, Aysit; Berument, M. Hakan - 2013

This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the period from 1988 to 2008. Even if we fail to find a long-run relationship between aggregate output and total employment, there are long-run relationships for the aggregate output...

Persistent link: https://www.econbiz.de/10010500246

Demand-Supply Trends and Projections of Food in India

Mittal, Surabhi - 2008

The present paper presents the supply and demand trends of rice, wheat, total cereals, pulses, edible oil/oilseeds and sugar/sugarcane. It provides the demand and supply projections for food items during 2011, 2021 and 2026. These projections have been based on change in productivity levels,...

Persistent link: https://www.econbiz.de/10011807615

Adjusting Measures of Economic Output for Health: Is the Business Cycle Countercyclical?

Egan, Mark L.; Mulligan, Casey B.; Philipson, Tomas J. - 2013

Persistent link: https://www.econbiz.de/10013342519

E pluribus, quaedam. Gross domestic product out of a dashboard of indicators

Guerini, Mattia; Vanni, Fabio; Napoletano, Mauro - 2022

Is aggregate income enough to summarize the well-being of a society? We address this longstanding question by exploiting a novel approach to study the relationship between gross domestic product (GDP) and a set of economic, social and environmental indicators for nine developed economies. By...

Persistent link: https://www.econbiz.de/10013353585

Computing and comparing measures of rationality

Mononen, Lasse - 2023

computational progress, we offer simulation-based comparisons of the accuracy of the measures. These simulations show that a new …

Persistent link: https://www.econbiz.de/10014333773

Information criteria for impulse response function matching estimation of DSGE models

Hall, Alastair; Inoue, Atsushi; Nason, James M.; Rossi, … - 2008

general enough to apply to impulse responses estimated by VARs, local projections, and simulation methods. We show that our …

Persistent link: https://www.econbiz.de/10010292348

Industrial specialisation, trade, and labour market dynamics in a multisectoral model of technological progress

Stehrer, Robert - 2001

part of the paper presents some simulation studies of the evolution of prices, output, employment and wage structures …

Persistent link: https://www.econbiz.de/10010294509

Prediction and simulation using simple models characterized by nonstationarity and seasonality

Swanson, Norman; Urbach, Richard - 2013

importance of both choice of forecast or simulation horizon and choice between minimizing point or distribution based loss … measures. Our empirical analysis centers around the implementation of a series of simulation and prediction experiments, as … in setting U.S. monetary policy, and our simulation experiments are based on a comparison of simulated and historical …

Persistent link: https://www.econbiz.de/10010334249