Macroeconomics is mostly focused on the economy as a whole. Macroeconomists look at aggregate indicators such as price indices, Gross Domestic Product...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your tough ...
My dissertation is mostly focused on the effects and quantitative importance of news shocks in an open economy DSGE model. The novelty of these models pertain to their ability to analyze business cycle fluctuations in a structural setting with rigorous micro foundations. The first two chapters of ...
“The whole point of our book Trade Wars are Class Wars,” Matt explains, “is that there are lots of positive-sum solutions and that the idea of like a zero-sum framing is completely wrong and that everyone can be better off if we do certain things differently.” Matt is the author ...
Gordon (2015) is also focused on lower rates of invention and innovation, whereas Summers (2016) draws on perceived changes in the so-called ‘natural rate of interest’ at which savings and investment are theorised to be in balance, where in turn investment is related with the supply-side...
Kocherlakota goes on to defend the many advances made in macroeconomic research over the past four decades, but openly acknowledges the enormous challenges that remain. He goes on to say: The seventh floor of the Federal Reserve Bank of Minneapolis is one of the most exciting macro resear...
Current methods, partly based on inflation, can be very misleading (Graph 5a,b) P6: Amplitude and length of the FC are regime-dependent: supported by Financial liberalisation - Weakens financing constraints MP frameworks focused on (near-term) inflation ...
Economics Essays in Empirical Macroeconomics UNIVERSITY OF CALIFORNIAIRVINE Dale PoirierFabio Milani RajbhandariAshishMy dissertation is mostly focused on the effects and quantitative importance of news shocks in an open economy DSGE model. The novelty of these models pertain to their ability to analyze ...
Environmental economics has mostly focused on micro issues pertaining to welfare and efficiency analysis. I develop a general framework to address short-run issues both for a closed economy and for an open one where emission permits are globally traded. Fiscal policy and emission permit issuance can...
As a response, a recent strand of the international finance literature, known as FOREX microstructure, has focused on the details and importance of the mechanics of FOREX trading. Although the microstructure literature has given us fruitful insights on many aspects of the FOREX rate determination, ...