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A gains from trade perspective on macroeconomic fluctuations
Beaudry, Paul; Portier, Franck - 2012
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that … incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into … "gains from trade" approach can easily explain why changes in perceptions about the future (including "news" about the future …
Persistent link: https://www.econbiz.de/10009424712
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A gains from trade perspective on macroeconomic fluctuations
Beaudry, Paul; Portier, Franck - 2011
Persistent link: https://www.econbiz.de/10009259710
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A gains from trade perspective on macroeconomic fluctuations
Beaudry, Paul; Portier, Franck - 2011
Persistent link: https://www.econbiz.de/10009268880
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A Gains from Trade Perspective on Macroeconomic Fluctuations
Beaudry, Paul - 2011
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that … incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into … "gains from trade" approach can easily explain why changes in perceptions about the future (including "news" about the future …
Persistent link: https://www.econbiz.de/10013121592
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A Gains from Trade Perspective on Macroeconomic Fluctuations
Beaudry, Paul - 2011
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that … incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into … "gains from trade" approach can easily explain why changes in perceptions about the future (including "news" about the future …
Persistent link: https://www.econbiz.de/10012461366
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Growth-Promoting Policies and Macroeconomic Stability
Sutherland, Douglas; Hoeller, Peter - 2013
macroeconomic stability or whether there is a trade-off …
Persistent link: https://www.econbiz.de/10014151193
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A gains from trade perspective on macroeconomic fluctuations
Beaudry, Paul; Portier, Franck - 2012
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that … incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into … gains from trade approach can easily explain why changes in perceptions about the future (including news about the future …
Persistent link: https://www.econbiz.de/10010307846
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The chronology of Brexit and UK monetary policy
Geiger, Martin; Güntner, Jochen - 2022
The outcome of the referendum on the UK's membership of the European Union in June 2016 was largely unanticipated by politicians and pundits alike. Even after the "Leave" vote, the uncertainty surrounding the withdrawal process might have affected the UK economy. We draw on an official list of...
Persistent link: https://www.econbiz.de/10013194430
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Public R&D investment in economic crises
Pellens, Maikel; Peters, Bettina; Hud, Martin; Rammer, … - 2020 - This version: November 2020
We study the cyclicality of public R&D in 28 OECD countries (1995-2017). While procyclical on average, public R&D reacts asymmetrically over different phases of the business cycle and becomes acyclical during recessions. It is also heterogeneous across countries: Innovation leaders and followers...
Persistent link: https://www.econbiz.de/10012390728
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Public R&D investment in economic crises
Pellens, Maikel; Peters, Bettina; Hud, Martin; Rammer, … - 2021 - First version: January 2018, this version: November 2020
We study the cyclicality of public R&D in 28 OECD countries (1995 - 2017). While procyclical on average, public R&D reacts asymmetrically over different phases of the business cycle and becomes acyclical during recessions. It is also heterogeneous across countries: Innovation leaders and...
Persistent link: https://www.econbiz.de/10013342107