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fluctuations, both at the aggregate level and at the level of individual industries. We construct a New Keynesian DSGE model that …-specific, uncorrelated across industries. The bulk of the aggregate fluctuations, including those in aggregate measured productivity, are …
Persistent link: https://www.econbiz.de/10012416127
Governments in extraction countries are anxious to estimate expected investment in development projects, since they represent an essential element of the macro economy. The overall level of activity is also crucial to oil companies, since the macro picture affects cost levels, the supplies...
Persistent link: https://www.econbiz.de/10010420694
This paper presents the business cycle model that Trygve Haavelmo developed as part of his research program in macroeconomic and monetary theory. Driven by a mismatch between the marginal return to capital and the rate of return required by capital owners, this model generates endogenous cycles....
Persistent link: https://www.econbiz.de/10010285598
Aufbauend auf der These einer zunehmenden Vermarktlichung von Beschäftigungsverhältnissen und des Endes der Organisationsgesellschaft von Davis (2009a, 2009b) untersuchen wir den Wandel der Industrienation Deutschland zur Dienstleistungs- und Wissensgesellschaft und fragen, ob mit diesem...
Persistent link: https://www.econbiz.de/10010332800
We document substantial heterogeneity in occupational employment dynamics in response to government spending shocks. Employment rises most strongly in service, sales, and office ("pink-collar") occupations. By contrast, employment in blue-collar occupations is hardly affected by fiscal stimulus...
Persistent link: https://www.econbiz.de/10011653194
commodities, low-income countries like Mozambique could attempt to compete in industries without smokestacks. Fruits and … of services in total exports was only 17 per cent in 2012-14. Although still relatively small, these industries have …
Persistent link: https://www.econbiz.de/10011653970
The theoretical analysis of structural changes in the context of economic growth has a long tradition. However, studies which analyze the empirical relationship between these two economic categories are still very rare. In the literature, whether growth causes structural changes or the other way...
Persistent link: https://www.econbiz.de/10012057316
One of the less well-understood channels through which technology affects labor market outcomes is the creation of new types of work. In this paper, we investigate the emergence of new occupations by comparing various classifications of occupations and predicting probabilities to access them...
Persistent link: https://www.econbiz.de/10012064740
The year 2000 was exceptionally good for the transition countries. The region as a whole expanded faster than the world economy average. However, the favourable external climate has started to deteriorate rapidly and especially the current pronounced weakening of the EU economy is worrying. The...
Persistent link: https://www.econbiz.de/10012100013
the more the tendency to improve it examined the perception of entrepreneurs of industries and residents on the state of … environmental management among 200 industries in Ondo state and 172 residents living within 100 meter radius to the sampled … industries who were interviewed with different sets of questionnaire. Data collected were analysed using tables and charts. The …
Persistent link: https://www.econbiz.de/10011849405