Branger, Nicole, Volkert, Clemens, 2012, What is the Equilibrium Price of Variance Risk? A Long-Run Risk Model with Two Volatility Factors, Working Paper, University of Muenster.Branger, N. and C. Vo¨lkert (2011): "What is the Equilibrium Price of Variance Risk? A Long-Run Risk ...
Short-run macroeconomics is the study of supply and demand levels in a period of time before larger market forces can react. This...
Supply shocks are sudden changes in the economy of a country that directly impact the short-run aggregate supply (SRAS). For example, a fall in oil prices is a beneficial supply shock as it reduces the cost of production of many industries....
is a Keynesianmacroeconomicmodel that shows how the market for economic goods interacts with the loanable funds market, ormoney market. It is represented as a graph in which the IS and LM curves intersect to show the short-run equilibrium betweeninterest ratesand output...
What is the impact of a payroll tax on wages and employment? What can be the possible consequences of increasing income inequality? What would be the effect of the elimination of payroll taxes on worker wages? What are the short-run and the long-run effects of immigration on the wages of...
the failure of firms frees up resources that can be reallocated to more efficient long-term uses. If only the short-term is considered, the result is welfare loss. However, over the long term, the result is intertermporal equilibrium, which is more efficient than subsidizing a failing firm....
This paper examines the short- and long-run relationships between trade balance, real exchange rates, income and money supply in the case of Malaysia. The ... Duasa,Jarita - 《Global Economic Review》 被引量: 208发表: 2007年 What Do We Know About Long–run Equilibrium Real Exchange Rates...
Flexible pricing is a strategy in which a company is open to some price bargaining for goods or services. The pros and cons of...
In long-run equilibrium in both perfect competition and monopolistic competition, there is zero economic profit, and yet the two cases are not identical. What is the key difference between them? If a firm in a monopolistic market faces the above dema...
Answer to: What is the difference between perfect competition in the short run and the long run, i need 3 examples. By signing up, you'll get...