Showing 1,951 - 1,960 of 1,963
Persistent link: https://www.econbiz.de/10013190470
While the relationship between inflation and relative price variability (RPV) has been widely investigated in developed and emerging market economies because of its direct relevance to monetary policy implementation, research has neglected this linkage in most developing countries especially in...
Persistent link: https://www.econbiz.de/10014234366
Inflation targeting (IT) has become the dominant monetary policy framework around the world and most of the countries that have adopted it have successfully improved their monetary policy regime. The objective of this paper is to assess WAMZ member countries' readiness to adopt inflation...
Persistent link: https://www.econbiz.de/10014234424
Persistent link: https://www.econbiz.de/10013540478
Investment of French firms remained weak in the first part of the 90's, after allowing for the sluggish economic growth. Macroeconomic models failed to explain this low level. In this work, we examine the link between micro-level data and aggregate fluctuations. We first describe the evolution...
Persistent link: https://www.econbiz.de/10009001105
Mesange is a medium-size quarterly macro-econometric model of the French economy (about 500 equations, three sectors). The model describes short-term Keynesian dynamics and its long-term equilibrium is driven by supply-side determinants. Its reestimation on data from the national accounts base...
Persistent link: https://www.econbiz.de/10009003515
Le recours aux méthodes d'estimation statistiques, courant dans différents domaines de la gestion, est plus restreint …
Persistent link: https://www.econbiz.de/10009004218
by INSEE and the French Treasury. This working paper presents the new version of the model. The data used in the re-estimation … supply-side determinants. The re-estimation of the model has enabled us to take into account the structural evolutions of the … French economy that have occurred since the last estimation (notably in terms of changes in labour productivity growth, the …
Persistent link: https://www.econbiz.de/10008466043
Measurement of productivity in the service sector has always represented a challenge for economists. "Productivity in the U.S. Services Sector: New Sources of Economic Growth", by Jack Triplett and Barry Bosworth from the Brookings Institution is reviewed. The authors have produced a textbook on...
Persistent link: https://www.econbiz.de/10005518956
In this paper, we study the asymptotic distribution of a simple two-stage (Hannan-Rissanen-type) linear estimator for stationary invertible vector autoregressive moving average (VARMA) models in the echelon form representation. General conditions for consistency and asymptotic normality are...
Persistent link: https://www.econbiz.de/10005100706