Search Results - subject:"Output Persistence"

Price bargaining, the persistence puzzle, and monetary policy

Wesselbaum, Dennis - 2010

In the recent New Keynesian literature a standard assumption is that the price for which an intermediate good is sold to the final good firm is equal to the marginal costs of the intermediate good firm. However, there is empirical evidence that this need not to hold. This paper introduces price...

Persistent link: https://www.econbiz.de/10010267262

Business cycle persistence in developing countries: How successful is a DSGE model with a vertical production chain and sticky prices?

Male, Rachel - 2010

exhibit persistent output fluctuations, there is a significant positive relationship between output persistence and level of … between the magnitude of output persistence generated by the model and economic development. A final very significant finding … of this analysis is that the model overestimates output persistence in high inflation countries and underestimates output …

Persistent link: https://www.econbiz.de/10010280761

Output Persistence from Monetary Shocks with Staggered Prices or Wages under a Taylor Rule

Daros, Sebastiano; Rankin, Neil - Centre for Dynamic Macroeconomic Analysis, University … - 2009

We analytically examine output persistence from monetary shocks in a DSGE model with staggered prices or wages under a …

Persistent link: https://www.econbiz.de/10008527080

Output Persistence and Upside Down Electoral Business Cycles. What Does Really Matter?

Caleiro, António - 2006

This note shows in what circumstances output persistence may invert the pattern of the electoral cycle when inflation …

Persistent link: https://www.econbiz.de/10011500005

Output Persistence and Upside Down Electoral Business Cycles, What Does Really Matter?

Caleiro, António - Departamento de Economia, Universidade de Évora - 2006

This note shows in what circumstances output persistence may invert the pattern of the electoral cycle when inflation …

Persistent link: https://www.econbiz.de/10005577416

Output persistence and upside down electoral business cycles : what does really matter?

Caleiro, António - 2006

This note shows in what circumstances output persistence may invert the pattern of the electoral cycle when inflation …

Persistent link: https://www.econbiz.de/10011502962

How to Classify a Government? Can a Neural Network do it?

Caleiro, António - 2005

An electoral cycle created by governments is a phenomenon that seems to characterise, at least in some particular occasions and/or circumstances, the democratic economies. As it is generally accepted, the short-run electorally-induced fluctuations prejudice the long-run welfare. Since the very...

Persistent link: https://www.econbiz.de/10011498613

Multiplicatively Separable Preferences and Output Persistence

Vaona, Andrea - Birkbeck, Department of Economics, Mathematics & Statistics - 2005

In the New-Neoclassical Synthesis literature it is customary to use additively separable preferences, very often not campatible with long-run productivity growth and trend infation. The present paper shows that using multiplicatively separable preferences it is possible to gain further insight...

Persistent link: https://www.econbiz.de/10005509632

How to Classify a Government? Can a Neural Network do it?

Caleiro, António - Departamento de Economia, Universidade de Évora - 2005

Persistent link: https://www.econbiz.de/10005398692

Can the Kydland--Prescott Model Pass the Cogley--Nason Test?

Fève, P.; Matheron, J. - Banque de France - 2005

and labor wedges to reproduce output persistence together with persistent impulse response functions of output to …

Persistent link: https://www.econbiz.de/10005056502