Results 211 to 220 of about 56,524 (263)
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Asset Accumulation and Economic Activity
Southern Economic Journal, 1982In this work James Tobin discusses two major issues of macroeconomics: the strength of automatic market forces in maintaining full employment equilibrium and the efficacy of government fiscal and monetary policies in stabilizing the economy.
Robert T. McGee, James Tobin
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Hidden Economic Development Assets
Economic Development Quarterly, 1994The productive informal economy is often ignored as an economic development asset because it is difficult to measure. This article examines the case for including the informal sector in urban development strategies. Size estimates suggest that the informal sector is large and growing more rapidly than GNP Therefore, it is substantial enough to warrant
John P. Blair, Carole R. Endres
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Economic asset management of microgrids
TENCON 2017 - 2017 IEEE Region 10 Conference, 2017This study explores the management of a system of multiple interconnected microgrids in a loop configuration. To facilitate renewable integration and reduce the cost of operation, an economic dispatch model of the distributed energy resources (DER) with dynamic update of the states of the energy storage systems (ESS) to handle the forecasting error in ...
Kunna Wu, Samson Shih, Xin Kong
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Asset specificity and economic organization
International Journal of Industrial Organization, 1985Abstract This paper examines the optimization problem of firm and market organization in which both production cost and transaction cost differences are expressed as a function of asset specificity. In general, markets enjoy advantages by aggregating the demands of many buyers, thereby realizing economies of scale or scope.
Michael H. Riordan, Oliver E. Williamson
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Financial Institution, Asset Bubbles and Economic Performance [PDF]
This paper explores the relation between the quality of …nancial institution and asset bubbles. In this paper, we will show that bubbles can improve the macro performance even if the quality of …nancial institution is very poor and the …nancial market does not work well.
Tomohiro Hirano, Noriyuki Yanagawa
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Cameroon’s Economic Assets and Production
2023Abstract This chapter documents and analyzes the mismatch between Cameroon’s perceived “wealth” and economic production. It shows that although not as wealthy as some analysts perceive, Cameroon's natural resource is underused as it is not transformed at its full potential to economic production (GDP).
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Empirical Asset Pricing: Economic Significance and Economic Model Evaluation
SSRN Electronic Journal, 2020Harvey (2017) and The American Statistical Association (2016) point out that business decisions should not be based only on whether the p-value of an empirical model passes a specific threshold and that statistical significance (p-value) cannot measure the size of an effect or the importance of a result.
Bernhard Nietert, Thomas Otto
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Asset Disposition and Economic Development
2001Although John Maynard Keynes as well as James Tobin have stressed the importance of the asset disposition effect, the importance of this effect is still not recognized by many economists. In this paper I will investigate the consequences of the asset dispositon effect for economic development.
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Asset pricing factors and future economic growth
Economics Letters, 2018Abstract We test if seven commonly used asset-pricing factors predict future growth in GDP and industrial production. There is minimal evidence that asset-pricing factors other than the market factor predict future economic growth. Predictive power of these factors reported in earlier literature seems to have attenuated.
Vaibhav Lalwani, Madhumita Chakraborty
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The economics of asset securitization [PDF]
Ronel Elul explains why asset-backed securities exist and discusses some reasons for their common structure. Elul notes that despite well-developed theories on the what and why of securitization, more research is needed. In particular, additional research could uncover the effect that government regulation and bankruptcy law have on securitization.
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