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productivity (TFP) growth. Our method accounts for profits and adjustment costs, and uses firm surveys to proxy for changes in … crisis. In the United States, our method indicates higher TFP growth overall and a more gradual productivity slowdown. …
Persistent link: https://www.econbiz.de/10012794766
Poster with text describing research conducted by Roger Schwarz advised by Terry Wells and Abe Nahm.
Persistent link: https://www.econbiz.de/10009460855
Intensive pre-project feasibility and engineering studies begun in 1979 have produced an outline plan for development of a major project for production of shale oil from private lands in the Piceance Basin in western Colorado. This outline plan provides a blueprint for the development of a...
Persistent link: https://www.econbiz.de/10009465049
equilibrium theory of unemployment. The proposed quantitative model with ex-ante worker skill heterogeneity and two technology … shocks is consistent with a strong response of labor market variables to cyclical fluctuations in productivity and a …
Persistent link: https://www.econbiz.de/10009438698
The gaming industry has long been considered recession proof. However, as the gaming industry has expanded it has increased its exposure to the lodging and convention industries. This is evidenced by the fact that the gaming industry is struggling alongside these industries. This study uses the...
Persistent link: https://www.econbiz.de/10009468184
shocks. It is popular to identify technology shocks as shocks permanently affecting labor productivity in SVAR. However it …
Persistent link: https://www.econbiz.de/10009476545
negligible. The second essay follows up on this argument by incorporating prospect theory into the formulation of individual … preferences. Prospect theory proposes that agents care about changes in their wealth level rather than the level of their final … prospect theory, therefore, the agents take fluctuations in the asset returns seriously. Results from empirical tests find that …
Persistent link: https://www.econbiz.de/10009451066
Past studies have tested the claim that blacks are the last hired during periods of economic growth and the first fired in recessions by examining the movement of relative unemployment rates over the business cycle. Any conclusion drawn from this type of analysis must be viewed as tentative...
Persistent link: https://www.econbiz.de/10009430029
El objetivo principal de este trabajo es, por un lado, proporcionar un conjunto de hechos estilizados sobre las regularidades de los patrones cíclicos en España en relación con los de los principales países europeos y, por otro, analizar la sincronización de la evolución de las principales...
Persistent link: https://www.econbiz.de/10012525491
El objetivo principal de este trabajo es, por un lado, proporcionar un conjunto de hechos estilizados sobre las regularidades de los patrones cíclicos en España en relación con los de los principales países europeos y, por otro, analizar la sincronización de la evolución de las principales...
Persistent link: https://www.econbiz.de/10012525496