The American Economic Review, Volume 97American Economic Association., 2007 |
No interior do livro
Resultados 1-3 de 64
Página 670
... business cycles . For the quantitative analysis it makes a difference , however , and we therefore report the cost of business cycles for both methods in Section IV . Following Beaudry and Pages ( 2001 ) , one could also assume that ...
... business cycles . For the quantitative analysis it makes a difference , however , and we therefore report the cost of business cycles for both methods in Section IV . Following Beaudry and Pages ( 2001 ) , one could also assume that ...
Página 675
TABLE 1 - COST OF BUSINESS CYCLES : BASELINE ECONOMY Notes : Costs of business cycles are expressed as percentage of lifetime consumption ( equation ( 16 ) ) . The first and second columns assume displacement rates of p1 = 0.05 and PH ...
TABLE 1 - COST OF BUSINESS CYCLES : BASELINE ECONOMY Notes : Costs of business cycles are expressed as percentage of lifetime consumption ( equation ( 16 ) ) . The first and second columns assume displacement rates of p1 = 0.05 and PH ...
Página 676
... COST OF BUSINESS Cycles as A FUNCTION OF MEAN EARNING LOSSES FOR DIFFERENT DEGREES OF RELATIVE RISK AVERSION 9 8 7 6 5 4 3 2 1 8.08 0.10 0.12 0.14 0.16 0.18 FIGURE 2. COST OF BUSINESS Cycles as a FUNCTION OF SPREAD OF EARNINGS LOSses ...
... COST OF BUSINESS Cycles as A FUNCTION OF MEAN EARNING LOSSES FOR DIFFERENT DEGREES OF RELATIVE RISK AVERSION 9 8 7 6 5 4 3 2 1 8.08 0.10 0.12 0.14 0.16 0.18 FIGURE 2. COST OF BUSINESS Cycles as a FUNCTION OF SPREAD OF EARNINGS LOSses ...
Índice
EDMUND S PHELPS | 541 |
O 2 0 2007 | 713 |
ALMA COHEN AND LIRAN EINAV | 745 |
Direitos de autor | |
8 outras secções não apresentadas
Outras edições - Ver tudo
Palavras e frases frequentes
agents aggregate American Economic Review analysis assets assume assumption average behavior benchmark Beveridge curve business cycles candidates capital changes choice coefficient cointegration consumer consumption contracts correlation cost of business countercyclical deductible degree distributions distribution durables effect empirical equation equilibrium estimated exchange expected Figure firms function given growth HIP model households implies impulse responses income increase individuals inflation inventory investment investment rate Journal of Economics labor market loss aversion marginal likelihood matching Matthew Rabin ment Michael Woodford monetary policy nodes nomic observed optimal output pairs paper parameters patients percent policy shock post.com preferences procyclical production Proposition random regime relative response risk aversion sample Section sector Shapley value side payments simulations sticky prices stochastic Table theory tion tradable unemployment utility variables variance volatility vouchers wage workers Yangzi Delta