Showing 11,361 - 11,370 of 11,451
This work explores and compares some basic properties of corporate growth process at both aggregate manufacturing level and disaggregated sectoral levels. Using an extensive dataset on Italian manufacturing firms, we investigate which properties of firm growth dynamics are robust under...
Persistent link: https://www.econbiz.de/10005722704
This paper highlights the implications for EU macroeconomic policy at a relatively disaggregated level when key economic relationships are nonlinear or asymmetric. Using data for the EU and OECD countries we show that there are considerable non-linearities and asymmetries in the Phillips and...
Persistent link: https://www.econbiz.de/10005660781
makers navigate through and analyze multidimensional data. Typically, users need to analyze data at different aggregation … levels (using roll-up and drill-down functions). Therefore, aggregation knowledge should be adequately represented in … multidimensional models poorly represent aggregation knowledge, which (1) has a complex structure and dynamics and (2) is highly …
Persistent link: https://www.econbiz.de/10008484536
This paper studies the aggregate substitution and expansion effects triggered by changes in input prices, in a context where firms supply a homogenous commodity and compete in quantities à la Cournot. We derive a sufficient condition for the existence of a Cournot equilibrium and show that this...
Persistent link: https://www.econbiz.de/10008556006
We study the representative consumer's risk attitude and efficient risk-sharing rules in a single-period, single-good economy in which consumers have homogeneous probabilistic beliefs but heterogeneous risk attitudes. We prove that if all consumers have convex absolute risk tolerance, so must...
Persistent link: https://www.econbiz.de/10005113739
sets, and aggregation over individual preferences. Findings With a mix of discrete and continuous labor supply decisions … aggregation literature.  …
Persistent link: https://www.econbiz.de/10014807264
Wetlands provide many important goods and services to human societies, and generate nonuse values as well. Wetlands are also very sensitive ecosystems that are subject to much stress from human activities. Reducing the stress on wetlands requires a spatial matching between physical planning,...
Persistent link: https://www.econbiz.de/10011257640
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10011257659
aggregation, that can be evaluated by the Shapley value in a simple way, is prudential and coherent. …
Persistent link: https://www.econbiz.de/10010891093
We use data from Public Opinion Surveys on Household Financial Assets and Liabilities from 1991 to 2002 to investigate the issues of unobserved heterogeneity among cross-sectional units and stability of Japanese aggregate money demand function. Conditions that permit individual data and...
Persistent link: https://www.econbiz.de/10010892080