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ESSAYS ON HOUSING INVESTMENTS IN EMERGING MARKETS
Qi, Zhikun - 2009
New residential construction is significantly more procyclical in emerging markets than in developed countries, although the correlation between aggregate investment and output is similar across emerging and developed countries. This paper shows that a multi-sector stochastic growth model with a...
Persistent link: https://www.econbiz.de/10009450704
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Two Essays in Macroeconomics
Wu, Dong - 2010
Castro and Coen-Pirani (2008) document that aggregate skilled hours and employment both became more volatile after the mid-1980s, in contrast to the simultaneous volatility decline of most aggregates, including overall hours and employment and unskilled hours and employment. In chapter 1, I...
Persistent link: https://www.econbiz.de/10009450956
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Job Competition over the Business Cycle
Chasamboulli, Andri N. - 2005
My thesis explores the following question: how workers of different skill are allocated across jobs and unemployment over the business cycle. I am interestedin understanding the "over-qualification" of workers that occurs during periods of high unemployment, as increased congestion in the labor...
Persistent link: https://www.econbiz.de/10009450968
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Why Casinos are not Recession Proof: An Business Cycle Econometric Case Study of the Las Vegas Region
Legg, Mark P; Tang, Hugo - 2011
The gaming industry has long been considered recession proof. However, as the gaming industry has expanded it has increased its exposure to the lodging and convention industries. This is evidenced by the fact that the gaming industry is struggling alongside these industries. This study uses the...
Persistent link: https://www.econbiz.de/10009468184
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Two Essays in Business Cycle Theory
Ahmad, Nazneen - 2005
second essay follows up on this argument byincorporating prospect theory into the formulation of individualpreferences …. Prospect theory proposes that agents care aboutchanges in their wealth level rather than the level of their finalwealth, and … individuals are also taken to be more sensitive tolosses than gains in their financial wealth. According to theprospect theory …
Persistent link: https://www.econbiz.de/10009468608
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Die Bedeutung unvollkommener Kapitalmärkte für den Charakter des Konjunkturzyklus
Frech, Tim - 2000
Die traditionell betriebene Konjunkturtheorie versucht aggregierte Schwankungen der wirtschaftlichen Aktivität unter der Prämisse vollkommener Kapitalmärkte zu erklären. Die Rolle von Kapitalmarktunvollkommenheiten bleibt in solchen Modellen unberücksichtigt. An diesem Theoriedefizit setzt...
Persistent link: https://www.econbiz.de/10009471831
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Essays on Technology, Fiscal Policy, and the Business Cycle.
Watanabe, Shingo - 2009
This dissertation empirically investigates macroeconomic fluctuations.In the first chapter, I study nontechnology shocks. It is popular to identify technology shocks as shocks permanently affecting labor productivity in SVAR. However it potentially misidentifies nontechnology shocks permanently...
Persistent link: https://www.econbiz.de/10009476545
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Finansų rinkų likvidumo poveikio verslo ciklams tyrimas: Nasdaq OMX Baltic biržų atvejis
Vinčaitytė, Simona - 2011
Šiame darbe yra tiriamas finansų rinkų likvidumo poveikis verslo ciklams Baltijos regione. Kadangi kapitalo rinkų likvidumas yra pralenkiantis ekonomiką veiksnys išsivysčiusiuose regionuose, darbe yra siekiama nustatyti, ar Nasdaq OMX Baltic akcijų rinkų likvidumo rodikliai turi...
Persistent link: https://www.econbiz.de/10009478388
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Ekonomikos ciklo posūkio taškų prognozavimas
Bujokaitė, Rosita - 2011
wider context - business cycle theory itself, as well as the predicting methods of turning points are theoretically …
Persistent link: https://www.econbiz.de/10009478770