Results 191 to 200 of about 44,329 (268)

Understanding UK Productivity Using a Macroeconomic Lens

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT We survey UK labor productivity over the long run, comparing it with other advanced economies, and focus on the sharp slowdown since the global financial crisis. Using a growth accounting framework, we highlight the primary role of total factor productivity (TFP), while noting that the contribution of capital shallowing is influenced by ...
Jagjit S. Chadha, Issam Samiri
wiley   +1 more source

Price Indices Rekindled, 1970s–1990s: Theory and Practice at Cross Purposes?

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT This paper revisits the discussions on price indices during a period marked by theoretical advancements and practical challenges in measuring inflation. Index‐number theorists sought to improve accuracy, yet national statistical offices largely maintained established practices due to concerns over data availability, stability, and public trust.
Victor Cruz‐e‐Silva, Bert M. Balk
wiley   +1 more source

Asset Pricing and Risk‐Sharing Implications of Alternative Pension Plan Systems

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT We show that incorporating defined benefit pension funds in an incomplete markets asset pricing model improves its ability to match the historical equity premium and riskless rate and has important risk‐sharing implications. We document the importance of the pension fund's size and asset demands, and a new risk channel arising from ...
NUNO COIMBRA   +3 more
wiley   +1 more source

The Productivity Effect of Public–Private Partnership

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT Public–Private partnerships (PPPs) are often employed by public authorities to deliver infrastructure and public services through contracts bundling construction, operation, and maintenance over extended periods. Using a novel dataset covering the universe of Italian district heating plants (DHs) from 2007 to 2014, I show that PPP improves ...
Vincenzo Mollisi
wiley   +1 more source

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