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than that out of profit income. Based on a general model that allows for wage-led as well as profit-led demand regimes …, this paper estimates the effects of a change in the wage share on aggregate private domestic demand with quarterly data for …
Persistent link: https://www.econbiz.de/10008500871
productivity growth be explained by demand dynamics, and investment in particular, not forgetting the influence of employment …
Persistent link: https://www.econbiz.de/10008500891
Monopolies make their presence felt in a market economy, not necessarilythrough 100% ownership control of a market, nor less, because there is a law thatsanction its existence; in most cases, the existence of a monopoly and hence its corollary,i.e. monopoly power, has as the primary cause the...
Persistent link: https://www.econbiz.de/10008501728
Persistent link: https://www.econbiz.de/10008467038
-shock specification, we identify, using sign restrictions, two non-policy shocks, demand and supply, and two policy shocks, monetary and … fiscal. We obtain the following results. (ii) Both supply and demand shocks are important sources of fluctuations; supply … prevails for GDP, while demand prevails for employment and inflation. (ii) Policy matters: Both monetary and fiscal policy …
Persistent link: https://www.econbiz.de/10008468698
correlation between the capital supply and demand became a new challenge for the firms, especially for the SMEs. The concept of … into consideration the both aspects of SMEs’ financing: the capital demand and the capital supply. …
Persistent link: https://www.econbiz.de/10008470216
The generalized dynamic Rotterdam model was used in estimating U.S. demand for disaggregated catfish. The overall goal … was to examine habit persistence in consumption and to determine the adjustment process in demand. Results indicated that … it took up to 1 month for catfish-product demand to fully adjust to changes in expenditures and prices. Additionally …
Persistent link: https://www.econbiz.de/10008474535
exceeds demand oversupply exists. At such times the price of coffee is low and signs of crisis due to overproduction develop … eventually demand exceeds supply, the effects of which can be countered for a while from the sale of stocks. As it takes 5 years … for newly planted coffee shrubs to produce coffee, demand may exceed supply for prolonged periods of time. At such times …
Persistent link: https://www.econbiz.de/10008474559
with the level of employment. Third, supplemented with a demand equation which allows for effects of both income … extent open up the space for expansive wage and demand policies. …
Persistent link: https://www.econbiz.de/10008478683
Persistent link: https://www.econbiz.de/10008480616