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This paper focuses on the question whether West German firms have experienced an increase in their financial risk position with due implications for the macroeconomy. The investigation is based on a special evaluation of the balance sheet statistics by the Deutsche Bundesbank broken down into...
Persistent link: https://www.econbiz.de/10008633368
The often discussed problems of aggregating tangible capital assets across vintages and of decomposing value aggregates into quantity and price aggregates are revisited. For stock values and service flow values, some new results are given, and illustrated by examples, along with...
Persistent link: https://www.econbiz.de/10011335591
Aggregation of tangible capital assets across vintages and decomposition of value aggregates into quantities and prices …
Persistent link: https://www.econbiz.de/10011968288
aggregation across countries over the heterogeneous representative agents, and we derive the resulting formulas for stochastic … aggregation over countries. Our theory permits monitoring the effects of policy at the aggregate level over the euro area, while …
Persistent link: https://www.econbiz.de/10009635917
This paper studies the fundamentals of the aggregation problem. The concept is most central in understanding the … relations between micro and macroeconomics. Though aggregation is mentioned often it is not studied explicitly in this … via aggregation. In addition, we try to give areader an idea of under what kind of conditions the representative agent …
Persistent link: https://www.econbiz.de/10012718255
aggregation across countries over the heterogeneous representative agents, and we derive the resulting formulas for stochastic … aggregation over countries. Our theory permits monitoring the effects of policy at the aggregate level over the euro area, while …
Persistent link: https://www.econbiz.de/10013319716
The often discussed problems of aggregating tangible capital assets across vintages and of decomposing value aggregates into quantity and price aggregates are revisited. For stock values and service flow values, some new results are given, and illustrated by examples, along with...
Persistent link: https://www.econbiz.de/10010442013
Including disaggregate variables or using information extracted from the disaggregate variables into a forecasting model for an economic aggregate may improve the forecasting accuracy. In this paper we suggest to use the boosting method to select the disaggregate variables which are most helpful...
Persistent link: https://www.econbiz.de/10010960087
This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total factor productivity measures are defined and are related to each other and to gross domestic product (GDP) per capita. Their growth over time and relative counterparts are defined as...
Persistent link: https://www.econbiz.de/10014024949
Aggregation of tangible capital assets across vintages and decomposition of value aggregates into quantities and prices …
Persistent link: https://www.econbiz.de/10004980688