This paper employs the one-sector Real Business Cycle model as a testing ground for four different procedures to estimate Dynamic Stochastic General Equilibrium (DSGE) models. The procedures are: 1 ) Maximum Likelihood, with and without measurement errors and incorporating Bayesian priors, 2)...

In the Present Model, We Emphasize Variables Related to the Job Search Theories. the Model Rest on Temporary Inflexibility of Wage, Wages Dispersion and Modifications in the Unemployment Insurance Regime. It Also Includes a Market Variable. Changes in Wages Disparities Have a Positive Effect on...

Dans Cet Article, Nous Presentons une Etude Econometrique des Fonctions de Couts des Entreprises Quebecoises et Ontariennes de Transport Par Camion. Bien Qu'il Soit Difficile D'obtenir des Resultats Globaux a Cause du Caractere Non-Homothetique de la Technologie, Nos Resultats Preliminaires...

Traditional explanations for Western Europe's demographic growth in the High Middle Ages are unable to explain the rise in per-capita income that accompanied observed population changes. Here, we examine the hypothesis that an innovation in information technology changed the optimal structure of...