Showing 1 - 10 of 68,868
Labour productivity distribution (dispersion) is studied both theoretically and empirically. Superstatistics is … reported for the nonmanufacturing (service) sector, which calls for expansion of the superstatistics framework to negative …
Persistent link: https://www.econbiz.de/10010298578
compared with the outcome of the empirical analysis. Superstatistics is presented as a natural theoretical framework for the … nonmanufacturing (service) sector, which calls for an expansion of the superstatistics framework to include the negative temperature …
Persistent link: https://www.econbiz.de/10010298640
compared with the outcome of the empirical analysis. Superstatistics is presented as a natural theoretical framework for the … nonmanufacturing (service) sector, which calls for an expansion of the superstatistics framework to include the negative temperature …
Persistent link: https://www.econbiz.de/10005082971
compared with the outcome of the empirical analysis. Superstatistics is presented as a natural theoretical framework for the … nonmanufacturing (service) sector, which calls for an expansion of the superstatistics framework to include the negative temperature …
Persistent link: https://www.econbiz.de/10013132111
Labour productivity distribution (dispersion) is studied both theoretically and empirically. Superstatistics is … reported for the nonmanufacturing (service) sector, which calls for expansion of the superstatistics framework to negative …
Persistent link: https://www.econbiz.de/10013132213
compared with the outcome of the empirical analysis. Superstatistics is presented as a natural theoretical framework for the … nonmanufacturing (service) sector, which calls for an expansion of the superstatistics framework to include the negative temperature … range. -- Labour productivity ; superstatistics ; Pareto's Law ; business cycle ; demand index …
Persistent link: https://www.econbiz.de/10003843019
This paper provides a theoretical and empirical evaluation of neo-Kaleckian supermultiplier and neo-Goodwinian models. The benchmark structuralist and Harrodian neo-Goodwinian models posit a macro economy with only one asset: the capital stock. Demand leakages presuppose that at least one sector...
Persistent link: https://www.econbiz.de/10013347228
We estimate a multi-sector sticky-price model for the U.S. economy in which the degree of price stickiness is allowed to vary across sectors. For this purpose, we use a specification that allows us to extract information about the underlying cross-sectional distribution from aggregate data....
Persistent link: https://www.econbiz.de/10003914329
The dynamic stochastic general equilibrium (DSGE) models used to study business cycles typically assume that exogenous disturbances are independent first-order autoregressions. This paper relaxes this tight and arbitrary restriction by allowing for disturbances that have a rich contemporaneous...
Persistent link: https://www.econbiz.de/10003948805
This paper assesses the role of sovereign risk in explaining macroeconomic fluctuations in Turkey. We estimate two versions of a simple New Keynesian small open economy model on quarterly data for the period 1994Q3-2008Q2: A basic version and a version augmented by a default premium on...
Persistent link: https://www.econbiz.de/10011382024