Search Results - subject:"utilization."

Wohlrabe, Klaus; Wollmershäuser, Timo - In: Ifo-Schnelldienst 72 (2019) 4, pp. 71

The ifo Capacity Utilization Indicator fell to 88.3% in January 2019. Approx. 7,000 reports from companies-submitted as …

Persistent link: https://www.econbiz.de/10011976851

Leverage and Capital Utilization

Duarte, Diogo - 2019

Our paper documents procyclical behavior between capital utilization and short-term debt. This strong positive … utilization in propagating real and financial shocks to financial assets. We show that in the presence of capital utilization …, resulting in an increase in short-term debt. Therefore, ignoring the firm's optimal decision on capital utilization may lead to …

Persistent link: https://www.econbiz.de/10012897120

Quantity-Contingent Auctions and Allocation of Airport Slots

Ball, Michael O. - 2019

In this paper, we define and investigate quantity-contingent auctions. Such auctions can be used when there exist multiple units of a single product and the value of a set of units depends on the total quantity sold. For example, a road network or airport will become congested as the number of...

Persistent link: https://www.econbiz.de/10012897364

Labor Market Slack and the Output Gap : The Case of Korea

Hansen, Niels-Jakob Harbo - 2019

Output gap estimates are widely used to inform macroeconomic policy decisions, including in Korea. The main determinant of these estimates is the measure of labor market slack. The traditional measure of unemployment in Korea yields an incomplete estimate of labor market slack, given that many...

Persistent link: https://www.econbiz.de/10012864101

Output Gap Estimation Uncertainty : Extracting the TFP Cycle Using an Aggregated PMI Series

Clancy, Daragh - 2019

The concepts of potential growth and the output gap are important components in assessing the business cycle and productive capacity of an economy. However, being unobservable, these measures must be estimated. The Fiscal Compact will result in these concepts being used to judge EU member states...

Persistent link: https://www.econbiz.de/10012866790

Hysteresis in the Normal Rate of Capacity Utilization : A Behavioural Explanation

Setterfield, Mark - 2019

Kaleckians describe a normal rate of capacity utilization that is subject to hysteresis effects. This means that the … normal rate varies directly with the actual rate of capacity utilization, ensuring that steady-state equilibrium conditions … in the Kaleckian model are fully adjusted (the actual and normal rates of capacity utilization are equalized) but without …

Persistent link: https://www.econbiz.de/10012868603

Tolerable Ranges of Variation in the Rate of Capacity Utilization and Corridor Instability : A Reply to Florian Botte

Setterfield, Mark - 2019

utilization and a tolerable interval of variation in the actual rate of capacity utilization around the normal rate in Setterfield …

Persistent link: https://www.econbiz.de/10012869549

Capacity Constraints and Service Quality : Do Airport Slot Controls Reduce Flight Delays?

Luttmann, Alexander - 2019

Slot controls (restrictions on the number of departing and arriving flights) are implemented at over 200 capacity constrained airports worldwide to mitigate persistent congestion and delays. However, evidence is limited regarding the effectiveness of these policies. This paper uses a...

Persistent link: https://www.econbiz.de/10012870776

Slack and Cyclically Sensitive Inflation

Stock, James H. - 2019

We investigate the flattening Phillips relation by making two departures from standard specifications. First, we measure slack using real activity variables that are bandpass filtered or year-over-year changes in activity (these are similar), instead of gaps. Second, we study the components of...

Persistent link: https://www.econbiz.de/10012479936

Labor market slack and the output gap : the case of Korea

Hansen, Niels-Jakob Harbo; Mongardini, Joannes; Zhang, Fan - 2019

Persistent link: https://www.econbiz.de/10012102193