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MACROECONOMIC CLIMATE – FROM THE WORLD ECONOMY TO THE MOLDOVAN ECONOMY [PDF]

Global Economic Observer
The macroeconomic climate has recently demonstrated strong resilience to the unprecedented changes in trade policy in the United States, the world's largest economy.
ANDREI RĂDULESCU
doaj  

Adjustment Cost on Investment and Under-Utilization of Maximum Installed Capacity in South Korean Business Cycle - A Bayesian New Keynensian Model

ECONOMICS
This study examines the effects of adjustment costs on investment and the under-utilization of maximum installed capacity within the South Korea using a New Keynesian business cycle with Bayesian approach.
Al Mamun Tuhin G M, Ehsanullah
doaj   +1 more source

Study of dependence between microstructure and chemical composition of A32, D32, E32 grades steels at bending tests

Ferrous Metallurgy. Bulletin of Scientific , Technical and Economic Information, 2019
Meeting the high requirements to the whole complex of mechanical characteristics is the main criteria of reliability and long service life of shipbuilding steels. To determine them it is necessary to apply modern methodologies of metal science analysis.
L. A. Ryabicheva, R. E. Velikotskii
openaire   +2 more sources

Capital accumulation in a model of growth and creative destruction [PDF]

Capital accumulation and creative destruction is modeled together with risk-averse households. The novel aspect - risk-averse households - allows to use well-known models not only for analyzing long-run growth as in the literature but also short-run ...
Walde, Klaus
core  

Understanding the effects of government spending on consumption [PDF]

Recent evidence on the effect of government spending shocks on consumption cannot be easily reconciled with existing optimizing business cycle models. We extend the standard New Keynesian model to allow for the presence of rule-of-thumb (non-Ricardian ...
Galí, Jordi, López-Salido, David, Vallés, Javier   +2 more
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Identification problems in the solution of linearized DSGE models [PDF]

This article analyzes identification problems that may arise while linearizing and solving DSGE models. A criterion is proposed to determine whether or not a set of parameters is partially identifiable, in the sense of Canova and Sala (2009), based on ...
Jean Pietro Bonaldi
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The Threshold Effect of Exchange Rate on Economic Growth in Brazil, Russia, India, China and South Africa (BRICS) Countries

ECONOMICS
This article examines the threshold effect of exchange rates on economic growth in BRICS countries from 1994 - 2022. The paper employed the Panel Threshold regression (PTR) model to explore how exchange rate fluctuations influence economic growth across ...
Molocwa Goitsemodimo Abel, Choga Ireen
doaj   +1 more source

The cyclical behavior of equilibrium unemployment and vacancies revisited [PDF]

Recently, a number of authors have argued that the standard search model cannot generate the observed business-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude.
Hagedorn, Marcus, Manovskii, Iourii
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Explaining the Great Moderation: it is not the shocks [PDF]

This paper shows that the explanation of the decline in the volatility of GDP growth since the mid-eighties is not the decline in the volatility of exogenous shocks but rather a change in their propagation mechanism.
Giannone, Domenico, Lenza, Michele, Reichlin, Lucrezia   +2 more
core  

Asset pricing, habit memory, and the labor market [PDF]

This article studies the asset pricing and the business cycle implications of habit formation in a production economy with capital adjustment costs and endogenous labor supply. A specification of internal habit in the mix of consumption and leisure which
Jaccard, Ivan
core