Alternative long run estimates
Long-run estimates of interfuel and interfactor elasticities
... consistent and all the other estimators will be inconsistent (Griliches and Mairesse, 1987). Measurement error in the explanatory variables also induces a correlation between the error term and the regressors and it ...
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Investment and the exchange rate: Short run and long run aggregate and sector level estimates
... An alternative measure of labour costs is the OECD’s “Compensation per employee, business sector”, data that have been used by Alesina, Ardagna, Perotti and Schiantarelli (2002), for ...the long run ...
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Investment and the exchange rate: Short run and long run aggregate and sector-level estimates
... An alternative measure of labour costs is the OECD’s “Compensation per employee, business sector”, data that have been used by Alesina, Ardagna, Perotti and Schiantarelli (2002), for ...the long run ...
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Volatility in asset prices and long-run wealth effect estimates
... An important example of this line of research is (Ludvigson and Steindel 1999). These authors estimate the wealth effect to be the usual 0.04 for their full sample, 1953-1997. However, their estimate reaches 0.1 in the ...
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Long-run Estimates of Physical Capital in Spain, 1850-2000.
... composition changes (Tables 1 and 2) [Figure 2] We also compared our “modified” geometric depreciation capital stock series with alternative series computed with arithmetic (X = 1) depreciation rates. 19 In Figure ...
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Testing for long-run "sustainability": Genuine Savings estimates for Britain, 1760-2000
... however, alternative interpretations of the path to sustainable development, which possibly suggest natural resource depletion is of less importance than the GS framework ...The estimates of Table 1 report ...
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Forecast evaluation tests and negative long run variance estimates in small samples
... variance estimates can arise frequently in situations of practical rele- vance, it is important to determine the best approach to deliver a reliable testing procedure in terms of small sample size and power ...
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Alternative Certification in the Long Run: A Decade of Evidence on the Effects of Alternative Certification in New York City
... value-added estimates, were systematically more qualified than their counterparts who were placed in elementary and middle school and if NYCTF teachers were more likely to be subject to this sorting, it may bias ...
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Timing vs. Long-run Charitable Giving Behavior: Reconciling Divergent Approaches and Estimates
... the alternative minimum tax base to include any accumulated capital gains on charitable donations of appreciated property (the latter provision was eliminated for tangible property in 1991, and for all property in ...
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A flexible finite-horizon alternative to long-run restrictions with an application to technology shock
... When applied to technology, the shock is identi…ed as that which yields the maximum forecast-error variance share of productivity at some predetermined, yet …nite, horizon. Applied to arti…cial small samples generated ...
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Long-Run Returns to Education
... the estimates of Van den Berg, Lindeboom, and Portrait, the recession between 1916 and 1917 should have raised mortality around the ...are long-run consequences for health, then this would tend to ...
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The Income Elasticity of Casino Revenues: Short-Run and Long-Run Estimates
... elasticity estimates are more difficult to generalize, but several interesting findings stand ...above-equilibrium estimates was greatest when allowing for asymmetry but averaged out to be small and ...
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Short- and long-run estimates of the local effects of retirement on health
... That retirement has little effect on the health of an overall population does not preclude that certain individuals may experience variations in health upon retirement. Occupation and the level of job satisfaction might ...
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Short and long run estimates of the local effects of retirement on health
... That retirement has little effect on the health of an overall population does not preclude that certain individuals may experience variations in health upon retirement. Occupation and the level of job satisfaction might ...
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Short and long run estimates of the local effects of retirement on health
... 3.1 Short Term Effects. It is possible to identify the short term effects of retirement on health with minimal assumptions by focusing the analysis on the years around the SPA. As revealed by Figure 1, the SPA can ...
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Estimates of the long run growth rate of Singapore with a CES production function
... 1. Introduction Singapore, China and India have been growing rapidly at 5%, 7% and 10% per annum respectively during 2000-2009. Are these growth rates permanent? If they are transitory, what are their long ...
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On the Identification of Technology Shocks: An Alternative to the Standard Long Run Method
... an alternative procedure to identify technology shocks using vector autoregressions ...standard long-run identification method provided that the dynamics of the observed variables can only be ...
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Modeling Alternative Solutions to the Long-Run Social Security Funding Problem
... simply say that we are going to raise taxes by even more than those legis- lated in the 1977 Amendments by an enormous amount, either currently (Tax 80), or in the distant future (Tax 20[r] ...
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Long Run Policy Analysis and Long Run Growth
... In contrast with the model of Section II, this economy has transi- " As is shown in proposition 2 of the appendix to the working paper version of this research[r] ...
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Long-Run Implications of Alternative Emission Trading Plans: An Experiment with Robot Traders
... This paper is the first report from an ongoing research. To date, we have focussed on designing and implementing a computerized laboratory environment suitable for testing long run predictions about ...
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