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We present evidence that weak household demand contributed to a reduction in firm and establishment entry in the Great … Recession. Motivated by this evidence, we characterize aggregate growth dynamics in response to demand shocks in a broad class … of endogenous growth models. We show that the aggregate impacts of demand shocks are determined completely through their …
Persistent link: https://www.econbiz.de/10012862525
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Demand Bubble is a temporary client aggregation that is caused by the innovative supply configuration issued by a … company. To create demand bubbles companies must have a deep knowledge of their market and their competitors, being able to … act and react before and better than competitors. In instable global markets, demand bubbles are the advanced reply to …
Persistent link: https://www.econbiz.de/10014161049
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heterogeneous qualities in response to demand shocks alter the total factor productivity of the economy through a process of … stabilization of demand shocks becomes suboptimal as demand creates its own supply; fiscal multiplier can be substantially larger … than 1; an opportunistic monetary policymaker, who adopts a lenient policy reaction to positive demand shocks, but provides …
Persistent link: https://www.econbiz.de/10014238148
productivity and demand shocks that are disciplined by the data. This approach allows us to overcome previous criticism from …
Persistent link: https://www.econbiz.de/10014248419
We obtain measures of demand and supply shock spillovers across the U.S. manufacturing industries using monthly data on …, demand shocks propagate upstream through the production channel. Statistical tests strongly support that the input …
Persistent link: https://www.econbiz.de/10014076383
A standard result states that under decreasing absolute risk aversion the indifference premium of the insured is a … a puzzle in insurance theory, in particular since the result does not seem to explain observed behavior in insurance … markets. We reformulate the standard model of risk sharing to incorporate the amount invested in the insurable asset. From …
Persistent link: https://www.econbiz.de/10014026281
This paper examines the cyclical behavior of low-income versus high-income household price indices and documents two new facts: (1) during recessions prices rise more for products purchased relatively more by low-income households (necessities); (2) the aggregate share of spending devoted to...
Persistent link: https://www.econbiz.de/10013301545
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