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The global financial crisis triggered different policy responses in Europe and the United States. Interestingly, survey results suggest that there is also a significant difference in how undergraduate macroeconomics instructors responded to the crisis, with U.S. instructors placing significantly...
Persistent link: https://www.econbiz.de/10010693330
The paper shows how a dynamic neoclassical AS-AD can be derived and used to describe business cycles and growth trends to undergraduates. Derived within the Ramsey-Cass-Koopmans (RCK) model, the AS-AD is the stationary equilibrium of the deterministic dynamic general equilibrium framework....
Persistent link: https://www.econbiz.de/10010693814
The paper shows how aggregate AS-AD can be derived within the standard neoclassical dynamic setting known as the Ramsey-Cass- Koopmans (RCK) model. AS-AD is the stationary equilibrium of the deterministic dynamic general equilibrium framework. The derivation builds a permanent income type...
Persistent link: https://www.econbiz.de/10010699537
In this study, the relationship between total domestic credit volume and current account deficit in Turkey is investigated with the unit root test with multiple structural breaks of Carrion-i-Silvestre (2009) and cointegration test with multiple structural breaks of Maki (2012) by using...
Persistent link: https://www.econbiz.de/10010699563
This paper focuses on econometrics pedagogy. It demonstrates the importance of including probability weights in regression analysis using data from surveys that do not use simple random samples (SRS). We use concrete, numerical examples and simulation to show how to effectively teach this...
Persistent link: https://www.econbiz.de/10010699643
This econometrics pedagogy paper demonstrates the importance of using cluster standard errors with data generated from complex surveys. Simulation is used to show that both classic ordinary least squares and robust standard errors perform poorly in the presence of within-cluster correlated...
Persistent link: https://www.econbiz.de/10010701004
Ratio analysis is generally presented as something that has to be calculated after completing other financial statements and is generally viewed, particularly by students, as busy-work with little value. This paper changes the context of ratio analysis in order to demonstrate how a focus on the...
Persistent link: https://www.econbiz.de/10010762512
Este artículo busca proponer alternativas de enseñanza para un curso de Introducción a la Economía, utilizando la herramienta de la Economía Experimental. De este modo, se introducen dos juegos Holt (1996) y Goeree and Holt (1999) en tres grupos distintos, los cuales se centran en los...
Persistent link: https://www.econbiz.de/10010763220
Se presenta una descripción del proceso de los semilleros de investigación en la Universidad MilitarNueva Granada - UMNG, particularmente en la Facultad de Ciencias Económicas. Así, se evidenciaque la participación activa de los estudiantes dentro de los semilleros ha sido incipiente...
Persistent link: https://www.econbiz.de/10010763521
El mercado laboral colombiano ha acogido cada vez más al género femenino hasta el punto de ocupar cargos de altos salarios y reconocimiento. Para analizar lo anterior, se tomaron en cuenta los registros de la Encuesta Integrada de Hogares, datos oficiales, para los segundos trimestres de los...
Persistent link: https://www.econbiz.de/10010763714