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New Shocks and Asset Price Volatility in General Equilibrium

Rebucci, Alessandro - 2011

We study equity price volatility in general equilibrium with news shocks about future productivity and monetary policy …

Persistent link: https://www.econbiz.de/10014399366

The Impact of Uncertainty Shocks on the UK Economy

Denis, Stephanie - 2013

This paper quantifies the economic impact of uncertainty shocks in the UK using data that span the recent Great Recession. We find that uncertainty shocks have a significant impact on economic activity in the UK, depressing industrial production and GDP. The peak impact is felt fairly quickly at...

Persistent link: https://www.econbiz.de/10014395348

Growth and Employment in the Dominican Republic : Options for a Job-Rich Growth

Abdullaev, Umidjon - 2013

The Dominican Republic has posted high rates of output and productivity growth, but labor market indicators have … remained weak during the past 20 years. This paper documents these trends, showing that the rapid productivity growth …

Persistent link: https://www.econbiz.de/10014395383

Caribbean Growth in an International Perspective : The Role of Tourism and Size

Thacker, Nita - 2012

is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in many … are islands have limited growth. Policies aimed at improving productivity, further development of the tourism sector, and …

Persistent link: https://www.econbiz.de/10014395624

Japan out of the Lost Decade : Divine Wind or Firms’ Effort?

Tokutsu, Ichiro - 2012

supply factors such as productivity gains, materialized after long-fought restructuring efforts during the lost decade …

Persistent link: https://www.econbiz.de/10014395730

Trends and Cycles in the U.S. Economy

International Monetary Fund - 1990

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...

Persistent link: https://www.econbiz.de/10014395945

International RandD Spillovers

Helpman, Elhanan - 1993

Persistent link: https://www.econbiz.de/10014395947

Growth Accounting and Growth Processes

Aziz, Jahangir - 1996

The standard growth accounting framework, which weights various inputs by their factor shares to measure their contributions to output growth, is known to underestimate the contribution of inputs in the presence of externalities and increasing returns. This paper develops a model in which, in...

Persistent link: https://www.econbiz.de/10014396032

Productivity Trends in India's Manufacturing Sectors in the Last Two Decades

Unel, Bulent - 2003

greater competition and at liberalizing key aspects of economic activity. This paper investigates productivity trends in India … productivity (TFP) growth in total manufacturing and many of the component sectors since 1980 were markedly higher than that in the … about factor elasticities and the assumed structure of the production function; (ii) productivity growth for total …

Persistent link: https://www.econbiz.de/10014399683

The U.S. Dollar and the Trade Deficit : What Accounts for the Late 1990's?

Hunt, Ben - 2003

between the United States and the rest of the world, this paper asks to what extent an asymmetric productivity shock in the … second half of the 1990s. The paper concludes that the Balassa-Samuelson effect of such a productivity shock is only part of …

Persistent link: https://www.econbiz.de/10014399692