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Differential savings, factor shares, and endogenous growth cycles

Böhm, Volker; Kaas, Leo - 2000

The paper analyzes the dynamic properties of the neoclassical one-sector growth model with differential savings in the …

Persistent link: https://www.econbiz.de/10009471680

Growth and business cycles with imperfect credit markets

Chakrabarty, Debajyoti - 2002

We study the process of growth and business cycles in an open economy which has access to international ¯nancial … cycle dynamics. Financial market imperfections help in replicating the empirical fact that output growth shows positive …

Persistent link: https://www.econbiz.de/10010301188

The causes of Japan's 'lost decade': The role of household consumption

Horioka, Charles Yuji - 2006

In this paper, I analyze the causes of the prolonged slowdown of the Japanese economy in the 1990s and find that the stagnation of investment, especially private fixed investment, was the primary culprit. I then investigate the causes of the stagnation of household consumption during the 1990s...

Persistent link: https://www.econbiz.de/10010332277

Market and political power interactions in Greece: An empirical investigation

Kollintzas, Tryphon; Papageorgiou, Dimitris; Tsionas, … - In: IZA Journal of Labor Policy 7 (2018) 1, pp. 1-43

TSL have an adverse effect on both TFP and output growth. Finally, the effect of WPR and TSL on the business cycle (shock …/output growth and the shock propagation mechanism results to provide strong evidence that Greece and to a lesser extent Spain and …

Persistent link: https://www.econbiz.de/10011986208

The Determinants of Trade Union Growth in Zambia since Independence

Turner, Thomas - In: Employee Relations 14 (1992) 2, pp. 55-67

Explanations of union growth and decline are generally linked to trends in the business cycle which are reflected … more influential and more comprehensive explanation of union growth but the relationship between state and trade unions is …

Persistent link: https://www.econbiz.de/10014731427

Minimum Weighted Residual Methods in Endogeneous Growth Models

Kejak, Michal - EconWPA - 2001

endogenous economic growth. In the 1st part of the paper the basics of the MWR method are described. Attention is mainly … part of the paper is devoted to the setup of a model of endogenous growth with human capital accumulation and the … of the problem which eliminates the growth in variables is then presented and the MWR method is used to solve the model …

Persistent link: https://www.econbiz.de/10005407729

Do WAEMU Countries Exhibit a Regional Business Cycle?. A Simulated Markov Switching Model for a Western Africa area

Aka, B.F. - In: Applied Econometrics and International Development 4 (2004) 4

This paper examines the issue of existence and identification of a regional business or economic cycle in aggregated West African economic and monetary union (WAEMU) economy and single member countries’ real GDP as well, by using a Markov regime switching model and the Gibbs Sampling...

Persistent link: https://www.econbiz.de/10004965318

A Stochastic Dynamic General Equilibrium Model for Greece

Kollintzas, Tryphon; Vassilatos, Vanghelis - C.E.P.R. Discussion Papers - 1996

In this paper we develop a stochastic dynamic general equilibrium model of the Greek economy, in the real business cycle modelling tradition. Household preferences depend on private and public consumption and leisure. Government finances its investment, consumption and transfer payments by means...

Persistent link: https://www.econbiz.de/10005661696

Productivity Growth and the Structure of the Business Cycle

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1992

Over recent years `opportunity cost' (OC) models of growth have been constructed which suggest that firms take …

Persistent link: https://www.econbiz.de/10005666892

Transformational Growth and the Business Cycle

Nell, Edward J.; Phillips, Thomas F. - In: Eastern Economic Journal 21 (1995) 2, pp. 125-146

Keynesian. These changes can be examined in the framework provided by the theory of "transformational growth." From this …

Persistent link: https://www.econbiz.de/10005769898