Showing 693,321 - 693,330 of 698,707
Persistent link: https://www.econbiz.de/10010320702
Persistent link: https://www.econbiz.de/10010320703
Persistent link: https://www.econbiz.de/10010320704
Persistent link: https://www.econbiz.de/10010320708
Persistent link: https://www.econbiz.de/10010320710
Persistent link: https://www.econbiz.de/10010320714
We analyze financial risk premiums and real economic dynamics in a DSGE model with three types of agents - shareholders, bondholders and workers - that differ in participation in the capital market and in attitude towards risk and intertemporal sub- stitution. Aggregate productivity and...
Persistent link: https://www.econbiz.de/10010320728
A general model is proposed for flexibly estimating the density of a continuous response variable conditional on a possibly high-dimensional set of covariates. The model is a finite mixture of asymmetric student-t densities with covariate dependent mixture weights. The four parameters of the...
Persistent link: https://www.econbiz.de/10010320729
Policymakers often use the output gap, a noisy signal of economic activity, as a guide for setting monetary policy. Noise in the data argues for policy caution. At the same time, the zero bound on nominal interest rates constrains the central bank's ability to stimulate the economy during...
Persistent link: https://www.econbiz.de/10010320733
We study the relationship between technology shocks and labor input on Swedish firm-level data using a production function approach to identify technology shocks. Taking standard steps yields a contractionary contemporaneous labor-input response in line with previous studies. This finding may,...
Persistent link: https://www.econbiz.de/10010320734