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Real output of bank services: What counts is what banks do, not what they own

Inklaar, Robert; Wang, J. Christina - 2011

The measurement of bank output, a difficult and contentious issue, has become even more important in the aftermath of the devastating financial crisis of recent years. In this paper, we argue that models of banks as processors of information and transactions imply a quantity measure of bank...

Persistent link: https://www.econbiz.de/10010280912

Productivity and US macroeconomic performance: Interpreting the past and predicting the future with a two-sector real business cycle model

Ireland, Peter N.; Schuh, Scott - 2006

rates of total factor productivity in distinct consumption- and investmentgoods- producing technologies. This model … attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the …

Persistent link: https://www.econbiz.de/10010280919

Sincronización entre los cicles económicos de México y Estados Unidos: Nuevos resultados con base en el análisis de los indices coincidentes regionales de México

Delajara, Marcelo - 2012

In this paper we analyze the synchronization between the business cycles of US and Mexican regions. Regional economic activity in Mexico is measured using regional coincident indexes recently developed at Banco de México, while US aggregate economic activity is measured with the national...

Persistent link: https://www.econbiz.de/10010322545

Game theory

Rosenmüller, Joachim; Trockel, Walter - 2001

like knowledge and information and the impact of institutional and organizational structures make game theoretic analysis a …

Persistent link: https://www.econbiz.de/10010272574

Cyclical wages in a search-and-bargaining model with large firms

Rotemberg, Julio J. - 2006

productivity change when cyclical employment changes is roughly consistent with postwar U.S. data. Firms with market power are …

Persistent link: https://www.econbiz.de/10010280866

Contabilidad de fluctuaciones de la producción en México

Antón Sarabia, Arturo - 2008

During the last years, Mexico has registered relatively large output falls. The business cycle accounting method of Chari, Kehoe and McGrattan (2007) is applied to the two most recent recessions in Mexico (including the 'Tequila crisis') in order to understand what are the most important wedges...

Persistent link: https://www.econbiz.de/10010322576

The shortage of medical workers in Sub-Saharan Africa and substitution policy

Bourgain, Arnaud; Pieretti, Patrice; Zou, Benteng - 2008

merits and drawbacks of substitution policies by developing a simple growth model of healthcare productivity with medical …

Persistent link: https://www.econbiz.de/10010272606

Productivity, welfare, and reallocation: Theory and firm-level evidence

Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - 2009

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies total factor productivity (TFP) as the right summary measure of …

Persistent link: https://www.econbiz.de/10010280884

Trade adjustment and productivity in large crises

Gopinath, Gita; Neiman, Brent - 2011

-about production to evaluate the channels through which a collapse in imports affects TFP (total factor productivity) in manufacturing …. Measured aggregate productivity in the sector depends on within-firm adjustments to the varieties imported as well as the joint …

Persistent link: https://www.econbiz.de/10010280931

Diferenciales salariales intersectoriales y el cambio en la composición del empleo urbano de la economía mexicana en 2001-2004

Alcaraz, Carlo; Chiquiar, Daniel; Ramos-Francia, Manuel - 2008

. The findings suggest that significant differences in productivity levels between the formal and informal sectors could … exist. This, in turn, might imply that the economy's aggregate productivity could be affected by the increase of the share …

Persistent link: https://www.econbiz.de/10010322582