Results 21 to 30 of about 237,763 (336)
We estimate a New-Keynesian macro model accommodating regime-switching behavior in monetary policy and in macro shocks. Key to our estimation strategy is the use of survey-based expectations for inflation and output. Output and inflation shocks shift to the low volatility regime around 1985 and 1990, respectively.
Lieven Baele +4 more
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The irreducibility of macro to microeconomics: a methodological approach
This paper criticizes the idea, widespread today, of the need to seek micro-foundations for macroeconomics. The authors argue that these two fields of economics, micro and macroeconomics, use different methodological approaches. Microeconomics deals with
LUIZ CARLOS BRESSER-PEREIRA +1 more
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Income inequalities in the accelerating digital era: Evidence from EU countries and COVID-time [PDF]
Many research state that digitalization is mainly an opportunity, now more than ever. Digital firms are more productive, employ more skilled workers, and foresee more employment growth opportunities ahead.
Woźniak-Jęchorek Beata +1 more
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Innovation spillover effect of the pilot carbon emission trading policy in China
In today's society, environmental protection and sustainable development have become the focus of global attention. Carbon emission trading, as an effective means to reduce greenhouse gas emissions, has been adopted by many countries and regions.
Junming Lai, Yueyan Chen
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Behavioral Macroeconomics and Macroeconomic Behavior [PDF]
Abstract Think about Richard Scarry ’s Cars and Trucks and Things That Go. Think about what that book would have looked like in sequential decades of the last century had Richard Scarry been alive in each of them to delight and amuse children and parents.
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The following look on the current state and the future of macroeconomic data is likely to fail. For one thing, researchers will be disappointed to find that their claims for more and "better" data are not adequately supported; the Amtliche Statistik [(Official Statistics (OS)], while to some degree perhaps sharing this disappointment, may miss ...
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The estimation of Iran’s macroeconomics instability index [PDF]
In this study, we estimate the macroeconomics instability index over the period 1963-2003. Using the definition of Fischer and Bleaney, the study calculates the “macroeconomics instability index”. In order to compute the macroeconomics instability index,
Abdolmajid Ahangari +2 more
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Towards Sustainable Development through Food Security Nexus [PDF]
Food security as an indicator of macroeconomic stability. Food security in a region is a fundamental foundation of the country’s economic security and one of the most important prerequisites for sustainable development.
Supartoyo Yesi +4 more
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This paper critically evaluates two different approaches to teaching macroeconomics at the undergraduate level through the comparison of two popular, recent handbooks: Olivier Blanchard’s Macroeconomics (2021) and William Mitchell, Randall Wray and ...
Emilio Carnevali
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Macroeconomic uncertainty and forecasting macroeconomic aggregates [PDF]
Abstract Can information on macroeconomic uncertainty improve the forecast accuracy for key macroeconomic time series for the US? Since previous studies have demonstrated that the link between the real economy and uncertainty is subject to nonlinearities, I assess the predictive power of macroeconomic uncertainty in both linear and ...
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