Showing 1 - 10 of 7,414
In this paper, we use identification-robust methods to assess the empirical adequacy of a New Keynesian Phillips Curve (NKPC) equation. We focus on the Gali and Gertler's (1999) specification, on both U.S. and Canadian data. Two variants of the model are studied: one based on a...
Persistent link: https://www.econbiz.de/10005101039
Persistent link: https://www.econbiz.de/10003190829
Persistent link: https://www.econbiz.de/10002352694
Persistent link: https://www.econbiz.de/10001536355
heteroskedasticity, non-normality or dynamic specification. We point out that these difficulties often originate from the ambition to …'économétrie à la lumière de la théorie des tests statistiques. Nous revoyons d'abord quelques principes fondamentaux de philosophie … des sciences et de théorie statistique, en mettant l'accent sur la parcimonie et la falsifiabilité comme critères d …
Persistent link: https://www.econbiz.de/10005101036
The author constructs a formal analytic framework to simulate the impact of various economic shocks on the household debt-service ratio, using data from the Canadian Financial Monitor (CFM) survey. The impact of these shocks on individual households depends on the socio-economic characteristics...
Persistent link: https://www.econbiz.de/10010279859
The author constructs a formal analytic framework to simulate the impact of various economic shocks on the household debt-service ratio, using data from the Canadian Financial Monitor (CFM) survey. The impact of these shocks on individual households depends on the socio-economic characteristics...
Persistent link: https://www.econbiz.de/10003852899
Whereas the process of integration economic is accentuated in Europe, regional integration dynamics of space seems to be a crucial issue. Reflexions engaged, in particular through the SDEC, aim at promoting a voluntarist policy of polycentric adjustment of European space. Thus we are led to...
Persistent link: https://www.econbiz.de/10005379208
The author constructs a formal analytic framework to simulate the impact of various economic shocks on the household debt-service ratio, using data from the Canadian Financial Monitor (CFM) survey. The impact of these shocks on individual households depends on the socio-economic characteristics...
Persistent link: https://www.econbiz.de/10005256656
The high levels reached by world oil prices and fuel prices in mid 2008 have raised notable concerns about the risk of future significant drops in household purchasing power. In the framework of a national strategy to reduce CO2 emissions, a tax reform on fossil fuels is also being studied. In...
Persistent link: https://www.econbiz.de/10008539965