We estimate a dynamic general equilibrium model of the U.S. economy that includes an explicit household production sector. We use these estimates to investigate two issues. First, we analyze how well the model accounts for aggregate fluctuations. Second, we use the model to study the effects of...

The authors investigate the relationship between the quality of institutions and output volatility. Using instrumental variable regressions, they address whether higher entry barriers and lower property rights protection lead to higher volatility. They find that a 1-standard-deviation increase...

The meetings, incentive travel, conventions, and exhibitions (MICE) industry is comparatively young and diverse. As a result, there has been limited research conducted in this field, especially from the financial performance and capacity management perspective. The purpose of this study is to...

Idaho increases silver output. - Coeur d'Alenes production almost third of entire united states. - The 1929 silver production in Shoshone county was 8,786,525.25 ounces valued at $4,656,243.33 as compared with 8,427,560 ounces valued at $4,928,996.51 in 1928.

Idaho second lead producer. - Yields fourth of nation's output in 1931 -- shoshone's part is 98 per cent of state. - J. Waite's rank high. - Bunker hill first, federal second, Hecla third -- golconda, sherman outgo important. - The production of lead in Idaho, in 1931, decreased from 263,599,300...

Policymakers and economic analysts have recently been concerned about potential inflationary pressures in the U.S. economy. Various economic statistics show the amount of unused productive resources has been diminishing. For example, the civilian unemployment rate has decreased and the capacity...

On March 28, 2008, the Federal Reserve published revisions to its index of industrial production (IP) and the related measures of capacity and capacity utilization. Although the revision affected the data from January 1972 through February 2008, most of the changes were for the period beginning...

The Board of Governors of the Federal Reserve System has completed a revision of its measures of output, capacity, and capacity utilization for the industrial sector. The primary feature of the revision is a new formulation for aggregating the indexes and utilization rates based on weights that...