negative productivity supply shock
Sauer, Stephan (2007): Frameworks for the Theoretical and Empirical Analysis of Monetary Policy. Dissertation, LMU München: Volkswirtschaftliche Fakultät
... liquidity shock the aggregate demand of investors on the goods market which is subject to a cash-in-advance ...goods supply in the final period because it forces investors to costly liquidate their ...
139
An estimated stochastic dynamic general equilibrium model of the euro area
... labour supply schedule will be relatively ...labour supply schedule (46) is flat because of the high estimate of the labour supply ...labour supply shock or a productivity ...
70
Recapitalization in an Economy with State Owned Banks A DSGE Framework
... A negative productivity shock leads to an increase in the probability of default, and impacts the …nal good …rms compelling them to ...labor supply, bor- rows from banks in order to purchase ...
27
Using a DSGE model to look at the recent boom-bust cycle in the US
... its productivity growth in the mid-1990s, which even accelerated in the first half of this ...in productivity growth in the US, which has persisted until today (see Kahn et ...
79
Macroeconomic implications of downward wage rigidities
... A similar framework has also been proposed by Kim and Ruge-Murcia (2009) in a model with monopolistic labor supply and wage setters as in Erceg et al. (2000). Their paper focuses on the greasing effects of DNWR and ...
34
Firms Dynamics, Bankruptcy Laws and Total Factor Productivity
... agent’s productivity level changes over time, following an AR(1) process with agent-specific ...her productivity level is sufficiently high, or to exit if productivity is ...
51
The Real Effects of Credit Supply: Review, Synthesis, and Future Directions
... Additionally, a number of loan-level studies examine the investment effects by exploiting positive shocks to credit supply. Morais et al. (2019) investigate the real effects of quanti- tative easing (QE) and low ...
45
Estimates of the Price Elasticities of Natural Gas Supply and Demand in the United States
... of supply which are negative are ruled out, consistent with earlier ...of supply is constrained to be below 2, while the long-run price elasticity of demand is constrained to be above ...of ...
20
Seminar_week17.pdf
... Inflationary output gap occurs when, at the long-run macroeconomic equi- librium, there is a positive demand shock which shifts AD. The AD moves along the SRAS curve to a higher {P, Y } pair. As the short-run ...
5
Regulatory Spillovers in Common Audit Markets
... audit supply structure has become highly concentrated (Gerakos and Syverson 2015; Ferguson et ...audit supply market is not only affected by long-run changes in client characteristics, but also affected by ...
49
Optimal monetary policy and firm entry. NBB Working Paper 178, October 2009
... labour supply and production are sub-optimally ...labour supply also implies too little entry and too few firms in ...money supply instrument to raise the real wage - the cost of leisure - above its ...
32
Cyclical effects of bank capital requirements with imperfect credit markets
... The global financial crisis triggered by the collapse of the subprime mortgage market in the United States has led to a reassessment of the policies and rules that have allowed the buildup of financial fragilities. The ...
55
On The Feasibility of a Common Currency in West Africa: Evidence from a Multivariate Structural VAR
... the supply and demand shocks are generally asymmetric but that the magnitude (size of the impulse response coefficient) and speed of adjustment to shocks are congruous among the ...show negative and low ...
13
Female Education and Gender Inequality - A study of Indian children´s enrolment and future outcomes
... a shock to estimate the effect of households’ economic conditions and how the shock affects children’s enrolment and their performance in ...a negative effect of a decrease in rainfall on, especially ...
37
Group Decision Making Based On Laplacian Energy Of An Intuitionistic Fuzzy Graph
... Consider a problem regarding the variety of critical factors used to contact the potential partners of the company. Supply chain management depends on strategic relationship among establishments connected to ...
10
Revisiting the one type permanent shocks hypothesis: Aggregate fluctuations in a multi-sector economy
... labor productivity conditional to technology shocks; thus, the nearly zero unconditional correlation between the two variables calls for another set of shocks which produce a conditional correlation of ...
49
An SVAR Analysis of Monetary Policy Dynamics and Housing Market Responses in Australia
... Monetary transmission effect on the housing sector has been an outstanding issue and a major area of interest to researchers in recent years. The role the housing sector in any economy and the welfare implications of ...
35
Employment Protection and Labor Productivity: Positive or Negative?
... depress productivity is an empirical ...factor productivity, computed as the residual of the production function, and rised substantially labor ...a negative relation between the proportion of ...
15
Forfás Statement on Outward Direct Investment 2007
... of productivity and employment experienced by firms engaging in ODI relative to those non-ODI firms may be a function of better management and competitive advantages within these overseas investing enterprises, ...
9
Decline in the Effectiveness of Accounting Information A Logical Analysis of Divergence Between Goal and Reality
... unilateral supply of accounting policy. The centralized policy supply mechanism under tradition system is indeed superior to the policy formation mechanism through bargaining in terms of efficiency ...
19