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Micro Gains From Micro Reform
Quiggin, John - 1998
Large estimates of the benefits of microeconomic reform have been put forward in official studies. By contrast, Quiggin (1997) concludes that benefits of microeconomic reforms have been modest. A key area of disagreement relates to the claim that increased competition leads to increases in...
Persistent link: https://www.econbiz.de/10009447973
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Reading the Recent Monetary History of the United States, 1959-2007
Rubio-Ramirez, Juan F. - 2010
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
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A Taxonomy of National Innovation Systems: Lessons From an Exercise Comprising a Large Sample of Both Developed, Emerging and Developing Economies
Godinho, Manuel Mira; Mendonça, Sandro F.; Pereira, … - 2006
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
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Explaining Variation in Farm and Farm Business Performance in Respect to Farmer Segmentation Analysis
Wilson, Paul; Harper, Nicholas; Darling, Richard - 2011
financial (and agricultural) output, and Farm Business Income (FBI), whilst the Lifestyle Choice segment returned the lowest …
Persistent link: https://www.econbiz.de/10009446723
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Asymmetry and duration dependence in Australian GDP and unemployment
Bodman, PM - 1998
dependence implying that as output recessions age the likelihood of switching into an expansion phase increases. Unemployment …
Persistent link: https://www.econbiz.de/10009447874
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Purchasing Power Parities for Industry Comparisons Using Weighted Elteto-Koves-Szulc (EKS) Methods
Rao, D. S. P.; Timmer, M. P. - 2003
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
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On the Equivalence of Weighted Country-Product-Dummy (CPD) Method and the Rao-System for Multilateral Price Comparisons
Rao, D. S. P. - 2005
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
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Revealed commonality: linkages in consumption, investment and output in East Asia
de Brouwer, Gordon; Dungey, Mardi - 2003
, 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
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Customer Markets and the Real Effects of Monetary Policy Shocks
Hristov, Nikolay - 2008
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
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An analysis of the Output and employment conversion matrices of Australia's Economy
Valadkhani, Abbas; Robinson, Timothy J. - 2005
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