Showing 1 - 10 of 12
financial (and agricultural) output, and Farm Business Income (FBI), whilst the Lifestyle Choice segment returned the lowest …
Persistent link: https://www.econbiz.de/10009446723
dependence implying that as output recessions age the likelihood of switching into an expansion phase increases. Unemployment …
Persistent link: https://www.econbiz.de/10009447874
This study has three main objectives. First, it develops a generalization of the commonly used EKS method to multilateral price comparisons. It is shown that the EKS system can be generalized so that weights can be attached to each of the link comparisons used in the EKS computations. These...
Persistent link: https://www.econbiz.de/10009447921
The country-product-dummy (CPD) method, originally proposed in Summers (1973), has recently been revisited in its weighted formulation to handle a variety of data related situations (Rao and Timmer, 2000, 2003; Heravi et al., 2001; Rao, 2001; Aten and Menezes, 2002; Heston and Aten, 2002; Deaton et al., 2004). The...
Persistent link: https://www.econbiz.de/10009448078
In this paper the authors report the results of the estimation of a rich dynamic stochastic general equilibrium (DSGE) model of the U.S. economy with both stochastic volatility and parameter drifting in the Taylor rule. They use the results of this estimation to examine the recent monetary...
Persistent link: https://www.econbiz.de/10009475410
dimensions of each innovation system. Next thequantitative output of this NISs mapping will be used as the basis for performing …
Persistent link: https://www.econbiz.de/10009475996
, cooperation and integration. This paper aims to inform that debate by examining what data on output, consumption and investment in … commonality in East Asian output, consumption and investment data. We first set out the data we use for empirical analysis. US … output, consumption and investment growth to identify the short-run commonality in economic cycles in the region. We conduct …
Persistent link: https://www.econbiz.de/10009451733
In recent years the New Keynesian Model with price stickiness of the Calvo type has become the most widely used theoretical framework for addressing various normative issues such as how optimal monetary and fiscal policy should be conducted. However, the New Keynesian Model has been criticized...
Persistent link: https://www.econbiz.de/10009482289
output and employment in various sectors using the 1989 and 1997 conversions matrices. The sectoral output and employment are … demand, other components remaining unchanged, on output and employment. A comparison of the aggregate output and employment … multipliers in 1989 to 1997 indicates that while the output multipliers have increased, the employment multipliers have declined …
Persistent link: https://www.econbiz.de/10009483486
This paper focuses on a central issue of fiscal policy applied anywhere in the world of market economies: the problem to determine which type of taxation, direct taxation or indirect taxation, is better suited to assure maximum efficiency for fiscal policy applied in Romania. Mathematics proves...
Persistent link: https://www.econbiz.de/10011316141