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Simulation Model for Foreign Trade During the Crisis in Romania
Diaconescu, Mirela; Begu, Liviu-Stelian; Diaconescu, Mihai - In: Romanian Economic Journal 17 (2014) 54, pp. 53-60
trade is analyzed using a simulation model. The period of analysis is 2006-2014. The data source is Eurostat and National …
Persistent link: https://www.econbiz.de/10011122424
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Balanced budget stimulus with tax cuts in a liquidity constrained economy
Prasad, Vivek - Birkbeck, Department of Economics, Mathematics & Statistics - 2014
This paper examines the macroeconomic effects of unexpected, exogenous, simultaneous, temporary cuts to income tax rates in an economy when the government follows a balanced budget fiscal rule and keeps money supply constant, and private agents face constraints on the ability to finance...
Persistent link: https://www.econbiz.de/10010886267
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News Shocks
Barsky, Robert B.; Sims, Eric R. - National Bureau of Economic Research (NBER) - 2009
We implement a new approach for the identification of "news shocks" about future technology. In a VAR featuring a measure of aggregate technology and several forward-looking variables, we identify the news shock as the shock orthogonal to technology innovations that best explains future...
Persistent link: https://www.econbiz.de/10005027105
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Une maquette de moyen terme de l'economie francaise.
D'Autume, A.; Quinet, A. - Centre de recherche de mathématiques et économie … - 1999
Notre objectif est de construire une maquette simple de l'economie francaise, susceptible d'etre utilisee pour des travaux de prevision et d'evaluation des politiques macroeconomiques.
Persistent link: https://www.econbiz.de/10005776543
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ECONOMIC GROWTH AND REFORM: LESSONS FROM THE UNITED STATES AND JAPAN
Hubbard, R. Glenn - The European Institute of Japanese Studies, … - 2002
The Japanese economy has had four recessions since 1990. Also the U.S. economy has been in difficulties during more recent years but there are clear signs of an economic recovery. While Japan’s difficulties are not the mirror image of those in the United States, it is interesting to note that...
Persistent link: https://www.econbiz.de/10005644838
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The wondrous effortlessness of unifying circuit-, money-, price- and distribution theory
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2011
When anything goes and nothing fits together this can be euphemized as pluralism, blossoming with fresh ideas. Lacking a common fixed point, discussions between various schools of economic thought actually amount to a repetition of contradicting views with more refined arguments. It seems...
Persistent link: https://www.econbiz.de/10009226949
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New Trade Theory Takes Over Monetary Theory
Gani, M - EconWPA - 2004
Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It … declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that … money has nothing to do with traded output, but everything to do with storing value. But now a new trade theory takes over …
Persistent link: https://www.econbiz.de/10005408069
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European Union Economy System Dynamic Model Development
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2012
The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...
Persistent link: https://www.econbiz.de/10011259562
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Разработка модели макроэкономического равновесия с использованием метода системной динамики
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2010
Development of an economic situation last 20 years has passed in Latvia through various stages. Including - Post-Soviet re-structuring of demand and closing of industrial giants; development of the economy based on transit; development of craft manufacture, small enterprises and branch of...
Persistent link: https://www.econbiz.de/10008498497
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Makroekonomiskā aprites modeļa izstrādāšana izmantojot sistēmdinamikas metodi
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2011
Development of an economic situation last 20 years has passed in Latvia through various stages. Including - Post-Soviet re-structuring of demand and closing of industrial giants; development of the economy based on transit; development of craft manufacture, small enterprises and branch of...
Persistent link: https://www.econbiz.de/10009353535