Narrow search
Showing 1 - 10 of 12,341
Cover Image
Learning from Other Economies - for example from Somewhere Down Under
Freeman, Richard B. - In: CESifo DICE Report 05 (2007) 3, pp. 33-37
Persistent link: https://www.econbiz.de/10011696622
Cover Image
Evaluating microfoundations for aggregate price regidities: evidence from matched firm-level data on product prices and unit labor cost
Carlsson, Mikael; Nordström Skans, Oskar - 2009
Using data on product-level prices matched to the producing �rm�s unit labor cost, we reject the hypothesis of a full and immediate pass-through of marginal cost. Since we focus on idiosyncratic variation, this does not �t the predictions of the Ma´ckowiak and Wiederholt (2009) version of...
Persistent link: https://www.econbiz.de/10011605129
Cover Image
Capability accumulation and product innovation: an agent-based perspective
Gräbner, Claudius; Hornykewycz, Anna - 2020
The paper studies the relevance of product heterogeneity for innovation dynamics using an agent-based model. The vantage point is a short a review on the empirical relevance of capability accumulation for innovation processes and an assessment of how these processes are modelled theoretically in...
Persistent link: https://www.econbiz.de/10012212599
Cover Image
Endogenous Indexing and Monetary Policy Models
Mash, Richard - 2007
Models in which firms use a rule of thumb or partial indexing in price setting are prominent in the recent monetary policy literature. The extent to which these firms adjust their prices to lagged inflation has been taken as fixed. We consider the implications of firms choosing the optimal...
Persistent link: https://www.econbiz.de/10010295244
Cover Image
Implicit Microfoundations for Macroeconomics
Wright, Ian - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-19, pp. 1-27
microfoundations' approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared … 'mechanical' nature. So rather than taking an 'explicit microfoundations' approach, in which individuals are represented as 'white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …
Persistent link: https://www.econbiz.de/10010298637
Cover Image
Alternative Phillips curves models with endogenous real-time expectations
Kiefer, David - 2010
Originally presented as an empirical regularity, a variety of microeconomic derivations of the Phillips tradeoff between inflation and real output have been developed. Since these new Phillips curve models are expressed in terms of unobserved variables and expectations, we develop estimates of...
Persistent link: https://www.econbiz.de/10010288074
Cover Image
Industrial specialisation, trade, and labour market dynamics in a multisectoral model of technological progress
Stehrer, Robert - 2001
The issue of the impact of trade on specialisation structures and the effects of trade liberalisation on employment and labour markets has been intensively discussed in the recent literature on trade liberalisation and globalisation. In Europe this debate has gained new momentum in the...
Persistent link: https://www.econbiz.de/10010294509
Cover Image
Estimating the underground economy by using MIMIC models: A response to T. Breusch's critique
Dell’Anno, Roberto; Schneider, Friedrich G. - 2006
Breusch (2005b) critically addresses an important and challenging question: Is it reliable to use the Multiple Indicators Multiple Causes model to estimate Shadow Economy? Breusch concludes that this approach is not suitable for the purpose. Breusch’s paper highlights the different procedures...
Persistent link: https://www.econbiz.de/10010294581
Cover Image
Trade, multinational sales, and FDI in a three-factors model
Egger, Peter; Pfaffermayr, Michael - 2000
The overwhelming importance of multinational activities as well as the coexistence of exporters and multinationals within the developed countries demand for theoretical models which provide a convincing explanation of simultaneous two-way trade and horizontal multinational activities. We present...
Persistent link: https://www.econbiz.de/10010294607
Cover Image
Modeling linkages between climate policy and land use: an overview
van der Werf, Edwin; Peterson, Sonja - 2007
Agriculture and forestry play an important role in emitting and storing greenhouse gases. For an efficient and cost-effective climate policy it is therefore important to explicitly include land use, land use change, and forestry (LULUCF) in economyclimate models. This paper gives an overview and...
Persistent link: https://www.econbiz.de/10010294951