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Few economic indicators have more salience and pervasive financial impact on everyday lives in the United States than …
Persistent link: https://www.econbiz.de/10014117404
consumption. However, in comparing economic well-being across countries and/or time, we ask whether it is appropriate to use the … deciding whether to use a common equivalence scale in comparisons of economic well-being across place and time. …
Persistent link: https://www.econbiz.de/10012165604
Is wellbeing higher if the same number of negative events is spread out rather than bunched in time? Should positive … wellbeing depreciates disproportionally as more and more events occur in a given period. For positive events, effects are weakly …
Persistent link: https://www.econbiz.de/10012180363
Energy poverty, long considered a problem limited to developing countries only, is now widely acknowledged as a challenge for advanced OECD countries as well. How energy poverty is perceived depends on the conceptualization and assessment of the underlying phenomena: inappropriately high costs...
Persistent link: https://www.econbiz.de/10010361341
We take a structural approach to assessing the empirical importance of shocks to the supply of bank-intermediated credit in affecting macroeconomic fluctuations. First, we develop a theoretical model to show how credit supply shocks can be transmitted into disruptions in the production economy....
Persistent link: https://www.econbiz.de/10011313226
Adaptive and innovative application of classical data mining principles and techniques in time series analysis has resulted in development of a concept known as time series data mining. Since the time series are present in all areas of business and scientific research, attractiveness of mining...
Persistent link: https://www.econbiz.de/10011533973
The purpose of the System Dynamics method is to study the relationship between structure and behavior in non-linear, dynamic systems. In such systems, the significance of various structural components to the behavior pattern exhibited, changes as the behavior unfolds. Changes in structural...
Persistent link: https://www.econbiz.de/10013125903
In the real world, the theory of economic faces many obstacles in its analyses and interpretations. One of these problems is overlapping relationships between specific variables and difficulty of determining perfect formulation which contain all possible effect. Traditional statistics tools like...
Persistent link: https://www.econbiz.de/10013125941
Measurement quality is a fundamental factor in determining the cost of transactions within organizations and markets. A huge gulf separates the meaningfulness and precision of business metrics as currently achieved from the quality that has been routinely obtained for decades in research and in...
Persistent link: https://www.econbiz.de/10013074444
Brent Moulton and Nicole Mayerhauser (2015) point out that, for more than 50 years, economists have featured the concept of human capital in their models of labor, growth, productivity, and distribution of income. The authors recommend the addition to the System of National Accounts (SNA) of...
Persistent link: https://www.econbiz.de/10013015122