Search Results - subject:"Samuelson"

Eckaus, Richard S. - 2014

A reorientation toward emphasis on consumption has become a major issue in China, raising the question of the relation between economic growth and the composition of output. The issue is addressed here, using insights from economic growth theories. These theories indicate that concentration on...

Persistent link: https://www.econbiz.de/10013055706

Investment Hangover and the Great Recession

Rognlie, Matthew - 2014

We present a model of investment hangover motivated by the Great Recession. In our model, overbuilding of residential capital requires a reallocation of productive resources to nonresidential sectors, which is facilitated by a reduction in the real interest rate. If the fall in the interest rate...

Persistent link: https://www.econbiz.de/10012458096

Investment Hangover and the Great Recession

Rognlie, Matthew - 2014

Persistent link: https://www.econbiz.de/10013045648

Through the Looking Glass: A WARPed View of Real Exchange Rate History

Campbell, Douglas L. - Center for Economic and Financial Research (CEFIR), New … - 2014

Balassa-Samuelson effect. I remedy these problems in two ways. First I propose a Balassa-Samuelson productivity adjustment …

Persistent link: https://www.econbiz.de/10010948738

Real Exchange Rates and Sectoral Productivity in the Eurozone

Berka, Martin; Devereux, Michael B.; Engel, Charles - Crawford School of Public Policy, Australian National … - 2014

the Eurozone. Real exchange rate patterns closely accord with an amended Balassa-Samuelson interpretation, both in cross …

Persistent link: https://www.econbiz.de/10010939113

The Impact of Capital Flows on the Real Exchange Rate: the Case of Romania

Angela, Roman; Silvia, Ghita-Mitrescu; Diana, Sadoveanu - In: Ovidius University Annals, Economic Sciences Series XIV (2014) 1, pp. 188-193

Harrod-Balassa-Samuelson effect. We found a long-run relationship among the real exchange rate, foreign direct investments …

Persistent link: https://www.econbiz.de/10010940747

Introduction: Telling the Story of MIT Economics in the Postwar Period

Weintraub, E. Roy - Center for the History of Political Economy - 2014

scholars from around the world. After Paul Samuelson’s death in December 2009, his papers, by prior arrangement, came to the …

Persistent link: https://www.econbiz.de/10010943304

The Singular Value Decomposition of a Technology Matrix

Eric O'N. Fisher - CESifo - 2014

This paper is the first application of the singular value decomposition in general equilibrium theory. Every technology matrix can be decomposed into three parts: (1) a definition of composite commodities; (2) a definition of composite factors; and (3) a simple map of composite factor prices...

Persistent link: https://www.econbiz.de/10010734333

Real Exchange Rates and Skills

BODART, Vincent; CARPANTIER, Jean-François - Institut de Recherche Économique et Sociale (IRES), … - 2014

While most of the literature on the determination of real exchange rates is focused on the role of standard macroeconomic variables, there exists however a few papers that are more concerned by the impact of factors which are usually considered to play a key role in the process of economic...

Persistent link: https://www.econbiz.de/10010741940

Wage differentials: Trade Openness and Wage Bargaining

Gonzaga, Gustavo; Muriel, Beatriz; Terra, Cristina - Instituto de Estudios Avanzados en Desarrollo (INESAD) - 2014

We build a theoretical model that incorporates unionization in the labor market into a Heckscher-Ohlin-Samuelson (HOS …) framework to investigate the impact of unionization on the Stolper-Samuelson Theorem. To capture the American economy case, we … on the Stolper- Samuelson eect. Moreover, wages of unionized workers are even less responsive to trade liberalization …

Persistent link: https://www.econbiz.de/10011103388