Showing 1 - 10 of 405
This paper considers inference in log-linearized dynamic stochastic general equilibrium (DSGE) models with weakly (including un-) identified parameters. The framework allows for analysis using only part of the spectrum, say at the business cycle frequencies. First, we characterize weak...
Persistent link: https://www.econbiz.de/10011757270
In this paper, we investigate the implications of the two concepts of asymmetry defined by Sichel (1993) - deepness and steepness - for first-order autoregressive processes with a Markov-switching intercept. In order to do so, we derive the two required formulas determining the coefficient of...
Persistent link: https://www.econbiz.de/10012991338
The incidence of adiposity in the early years of life has outgrown the prevalence rate in older children and adolescents globally; however, the relationships between unemployment and weight are predominantly studied in adults. This study examines the relationship between changing economic...
Persistent link: https://www.econbiz.de/10012221289
This paper explores the influence of the economic cycle on labour mobility within the EU, focusing on the likely impact of the present economic crisis. To do so, we use an econometrically calibrated simulation and a case study of Ireland. We find that, in the short run, the crisis is likely to...
Persistent link: https://www.econbiz.de/10003874247
This paper considers determinants of physical-functional limitations in daily-life activities at high ages. Specifically, we quantify the extent to which the impact of adverse life events on this outcome is larger in case of exposure to adverse economic conditions early in life. Adverse life...
Persistent link: https://www.econbiz.de/10010339647
volatility in developing and transition economies, using dynamic panel technique. According to an analysis of variance and …
Persistent link: https://www.econbiz.de/10009788587
estimating both an interacted panel VAR (IPVAR) model using macroeconomic data and a single-equation model with bank …
Persistent link: https://www.econbiz.de/10012961270
economies. This panel dynamic stochastic generalequilibrium model features a range of nominal and real rigidities …
Persistent link: https://www.econbiz.de/10013002153
cycles, in different phases and disentangling the effects for different sector channels. A Bayesian Panel Markov …
Persistent link: https://www.econbiz.de/10013241980
algorithm are developed. We apply this framework to a large panel of US monthly macroeconomic series. In particular, we identify …
Persistent link: https://www.econbiz.de/10013155955