Results 41 to 50 of about 7,237 (208)
Output gap in the Czech economy: DSGE approach
This paper presents three measures of the output gap estimated by a dynamic stochastic general equilibrium model of the Czech economy. We argue that the most plausible description of the business cycle provides the output gap defined as a deviation from ...
Bechný Jakub
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: Zinc (Zn) deposition in egg yolk is essential for the rapid growth and complete development of the avian embryo. Thus, it is crucial to obtain maximal Zn mobilization at an appropriate time during development in favor of the survival of avian embryos ...
S.P. Bai +10 more
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Suguru Takasaki +2 more
openalex +2 more sources
The Costs of Job Displacement over the Business Cycle and Its Sources: Evidence from Germany
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns.
Johannes F. Schmieder +2 more
semanticscholar +1 more source
The Matching Multiplier and the Amplification of Recessions
This paper shows that the unequal incidence of recessions in the labor market amplifies aggregate shocks. Using administrative data from the United States, I document a positive covariance between workers' marginal propensities to consume (MPCs) and ...
Christina Patterson
semanticscholar +1 more source
Uncertainty and Business Cycles: Exogenous Impulse or Endogenous Response?
Uncertainty about the future rises in recessions. But is uncertainty a source of business cycles or an endogenous response to them, and does the type of uncertainty matter?
S. Ludvigson, Sai Ma, Serena Ng
semanticscholar +1 more source
Impact of Terms-of-Trade on Slovakia, the Czech Republic, and Croatia in the Short Run
The terms-of-trade shocks are not main source of business cycles in three post-communist countries (i.e., Slovakia, the Czech Republic, and Croatia). The zero or negative reactions of the trade balance in terms-of-trade positive shocks in the countries ...
Szomolányi Karol +2 more
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The Export Strategy and SMEs Employment Resilience During Slump Periods
The Spanish economy was the most hit by the Great Recession. It suffered a greater decrease in the gross domestic product (GDP) (affecting especially internal demand).
Aparicio-Pérez Daniel +2 more
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The Nexus of Monetary Policy and Shadow Banking in China
We study how monetary policy in China influences banks’ shadow banking activities. We develop and estimate the endogenously switching monetary policy rule that is based on institutional facts and at the same time tractable in the spirit of Taylor (1993).
Kaiji Chen, Jue Ren, T. Zha
semanticscholar +1 more source
A Model of Secular Stagnation: Theory and Quantitative Evaluation
This paper formalizes and quantifies the secular stagnation hypothesis, defined as a persistently low or negative natural rate of interest leading to a chronically binding zero lower bound (ZLB).
Gauti B. Eggertsson +2 more
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