Causality and correlations of output and nominal variables in a real business cycle model - Huh - 1993Huh, Chan G. (1993) “Causality and Correlations of Output and Nominal Variables in a Real Business Cycle model,” Journal of Monetary Economics, August 1993, 32(1), 147-68. :...
These rules vary from procedures that produce stationary nominal magnitudes to those that generate nonstationarities in nominal variables. Our paper investigates the determinacy properties of three representative interest rate rules. ; We use Blanchard and Kahn's solution technique as a starting point....
A Stanimir - 《Mathematical Economics》 被引量: 1发表: 2011年 Hierarchical Cluster Analysis of Nominal Data [R package nomclust version 2.2.1] Presented in this paper the method of graphical presentation of the relationship between nominal variables and their categories gives the opportunity for an...
Finite lifetimes do not preclude sustained growth with a convex technology when agents are finitely-lived and formulate their bequeathing decisions in term... AMAC Martins - 《Economics Letters》 被引量: 37发表: 1999年 The Interaction of Monetary and Fiscal Policy: The Brazilian Case We tested,...
) the exchange rate channel introduced in an open economy context does not mitigate this account of inflation and output persistence; ii) this combination of rigidities generates a plausible explanation of exchange rate behaviour; iii) the model is better able to account for labour market variables...
When calculating GDP, what do each of the variables in the formula for GDP = C + I + G + (Ex - Im) mean? Compute the nominal GDP in the base year and the current year. Determine the nominal GDP when given the quantity of money and the velocity of circulation. NOTE: Use the equa...
nounthe measure of an economy adopted by the United States in 1991 Synonyms GDP Related Words value Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc. Want to thank TFD for its existence?Tell a friend about us, add a link to this page, or ...
The model is calibrated to capture important dynamics of United States macroeconomic variables and stock returns. Different model specifications are Understanding the mechanism This section explains why expected excess returns on production claims are amplified by nominal rigidities, mainly as a compensation...
Determinants of mutual fund flows (2012),theauthorsonlyfindsupportfortheinformation-responsehypothesisAdditionally,theauthorsfindnewfinancialvariablesthathavepredictivepowerindeterminingmutualfundflows,... F Kopsch,HS Song,M Wilhelmsson - 《Managerial Finance》 被引量: 8发表: 2015年 ...
1. Write an econometric model which allows you to estimate the amount that students spend on economics textbooks. Be sure to explain your dependent variable and independent variables, including binary Consider a time-series regression model ...