Structural Shocks and Private Sector Parameters
Problems of access to structural funds by the private sector
... Step 7: The project approval and signature of the financing contract. Romania did not lose lots of money, she was able to contract on average 90% -95% of the funds, and it is a success, a reasonable performance of ...
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External Sector Responses to Oil Price Shocks: A Structural System Model for Nigeria
... price shocks do matter, as that has been established from the ...these shocks are transmitted to the domestic ...these shocks on all components of the shock transmission channel, and secondly, by ...
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Structural Propagation of Productivity Shocks: The Case of Korea
... functions. Structural propagation is quantified by using a system of unit-cost functions compatible with multi-level CES, plain CES, Cobb–Douglas, and Leontief production functions whose parameters we ...
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Essays on public and private insurance of income shocks
... 1.7 Conclusion In this paper I argue that the average i.e.s. is low, and comparable with micro estimates, even in the presence of human capital accumulation. This is due to the findings that (i) a large share of the ...
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Private Sector Development
... of structural constraints – the small size of markets, the high entry costs in the sector, the all too often deficiencies of regula- tory authorities and the risks inherent to invest- ments in regions that ...
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Technology Shocks, the Service Sector and Economic Growth
... service sector at much lower levels of per capita income after 1990 than ...service sector and economic growth focus on the importance of var- ious services for endogenous productivity and output growth in ...
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Economic Shocks in the Fisheries Sector and Maritime Piracy
... agricultural sector, which in turn could induce variation in pirate activity (Jablonski and Oliver, ...various parameters, including changes in factors independent of local ...
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Response of the Nigerian construction sector to economic shocks
... FORECAST ERROR VARIANCE DECOMPOSITION (FEVD) With VECM, it is possible to dictate a variable which is endogenous or exogenous to the system but the relative degree of its endogeneity or exogeneity can only be effectively ...
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A TREATISE ON OIL PRICE SHOCKS AND THEIR IMPLICATIONS FOR THE UK FINANCIAL SECTOR: ANALYSIS BASED ON TIME VARYING STRUCTURAL VAR MODEL
... energy sector stock, oil prices and stock market on the ...price shocks have negatively affected the stock market, however the energy sector stock has always responded positively holding their title ...
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A treatise on oil price shocks and their implications for the UK financial sector: analysis based on time-varying structural var model
... 12 scenario where the distinction between parameters and shocks is less clear while one is dealing with unobservable components. In additions to that there are three reasons to choose and prefer Bayesian ...
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Econometric Analysis of Structural Systems with Permanent and Transitory Shocks
... it = 0 21 yt + 0 23 1t + 24 0 2t + 1 21 yt 1 + 1 22 it 1 + 1 23 1;t 1 + 1 24 2;t 1 + " 2t : Now to estimate this equation we can still use the lagged ECM terms as instruments but we also have available the residuals ...
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Trade Shocks and Labor Adjustment: A Structural Empirical Approach
... idiosyncratic shocks must be driving a large portion of our workers’ ...import-competing sector that is hit by the liberalization; indeed, the wages in that sector never fully ...idiosyncratic ...
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Government Spending Shocks and Private Activity: The Role of Sentiments
... follows. Private consumption and investment fail to rise persistently in response to pos- itive spending shocks especially when shocks are anticipated, while they exhibit persistent and signi…cant ...
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Measuring the Cycle and Structural Shocks
... Cyclical adjustment is important but is unreliable in face of structural shocks. This highlights the need to design a fiscal policy framework that is robust to uncertainty and to avoid important fiscal ...
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The Private Memory of Aggregate Shocks
... We conduct some numeric exercises to: i) illustrate some of the results obtained ana- lytically; ii) produce ’aggregate’ data used in a business cycle accouning exercise. 4 Our focus for this latter point is on the ...
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Identification of Technology Shocks in Structural VARs
... In light of the above quantitative findings, we propose a simple alternative method to con- sistently estimate technology shocks and their short–run effects on aggregate variables. As an illustration and a ...
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The PRivate Sector in
... The initial economic reaction to Sharaf’s appointment was positive, with GDP growth reversing its negative trend within two months of his appoint- ment. However, the government, under the influence of the ruling Supreme ...
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Private Saving and Terms of Trade Shocks
... Relatively large values of this parameter imply that, in response to a given (transitory) movement in the terms of trade and hence in the intertemporal relative price (consumption rate o[r] ...
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public sector vs private sector
... among private and public organization have been discussed more than three ...to private entrepreneurship researches, there are less empirical evidences supporting this relationship in public ...between ...
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Structural oil price shocks and policy uncertainty
... these structural oil shocks provides information on how the structural oil price shocks have contributed to economic policy uncertainty over ...supply shocks to economic policy ...
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