A common observation is that measures of productivity growth are pro-cyclical, meaning they are higher (or grow faster) on average during periods of economic expansion than during periods of economic contraction. This study focuses on measurement errors related to capital inputs as an...

A common observation is that measures of productivity growth are pro-cyclical, meaning they are higher (or grow faster) on average during periods of economic expansion than during periods of economic contraction. This study focuses on measurement errors related to capital inputs as an...

Comparative static models are developed which measure changes in equilibrium prices and quantities traded of an exchange rate change. Effects are determined for a free trade model and compared with that incorporating trade restrictions similar to those employed by the European community....

The success of various bank management strategies is evaluated using data from banks located in Minnesota during 1988-1994. These strategies are identified using a combination of data from financial statements and survey data. Each strategy is evaluated based on its effect on rate of return on...