Search Results - subject:"Output Dynamics"

Source of Output dynamics in USA vs. Great Britain: supply, demand or nominal shocks

Rzigui, Lotfi - Volkswirtschaftliche Fakultät, … - 2005

specification and to study the relative importance of nominal, supply and demand shocks in relative output dynamics. Using their … run dynamics of real activity and estimate the common trend model. From the estimated model we analyze source of output … dynamics in USA vs. Great Britain during 1950-2004. The common trend analysis indicates that supply shock is more important …

Persistent link: https://www.econbiz.de/10005835831

Towards Keynesian DSGD (isequilibrium) Modelling: Real-Financial Market Interactions with Heterogeneous Expectations Dynamics

Charpe, Matthieu; Flaschel, Peter; Hartmann, Florian; … - Institut für Makroökonomie und Konjunkturforschung … - 2012

We consider an alternative modelling approach to the mainstream DSGE paradigm, namely basically a Dynamic Stochastic General Disequilibrium model of continuous adjustment processes on interacting real and financial markets. We introduce heterogeneous capital gain expectations (chartists and...

Persistent link: https://www.econbiz.de/10010625642

OUTPUT, ELECTRICITY CONSUMPTION AND EXPORTS IN NIGERIA AND GHANA: EVIDENCE FROM MULTIVARIATE CAUSALITY TEST

ODERINDE, L. Oladele; ISOLA, Wakeel.A. - In: Applied Econometrics and International Development 11 (2011) 2

This paper investigated the causality relationship between electricity consumption and output performance in Nigeria and Ghana. We used annual data series from 1970 to 2006 to examine the causal relationship between output per worker, electricity consumption per worker, primary exports per...

Persistent link: https://www.econbiz.de/10009386028

National industry cluster templates and the structure of industry output dynamics: a stochastic geometry approach

Lopes, João C.; Araújo, Tanya; Dias, João; Amaral, … - ISEG - School of Economics and Management, Department … - 2010

Cluster analysis has been widely used in an Input-Output framework, with the main objective of uncover the structure of production, in order to better identify which sectors are strongly connected with each other and choose the key sectors of a national or regional economy. There are many...

Persistent link: https://www.econbiz.de/10008752833

Sulle distribuzioni dei tassi di crescita dell’output aggregato: un’analisi per Stati Uniti e Italia

FAGIOLO, G.; NAPOLETANO, M.; ROVENTINI, A. - In: Rivista Internazionale di Scienze Sociali 115 (2007) 2, pp. 215-241

This work investigates the statistical properties of aggregate output growth rates in the U.S. and Italy. We show that in both countries growth rates follow an exponential-power density, with tails that are fatter than a normal distribution. Furthermore, fat tails appear to be robust with...

Persistent link: https://www.econbiz.de/10010878187