Using the Alternative Shocks
Propagation and smoothing of shocks in alternative social security systems
... of shocks. Using the stochastic modeling approach of our previous work, by looking only at the particular shocks of interest, one at a time, is difficult because each type of shock has complex ...
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On the Identification of Technology Shocks: An Alternative to the Standard Long Run Method
... Received September 11, 2012; revised October 13, 2012; accepted November 15, 2012 ABSTRACT This study proposes an alternative procedure to identify technology shocks using vector autoregressions ...
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A Statistical Comparison of Alternative Identification Schemes for Monetary Policy Shocks
... tested. Using the LR type tests mentioned in Section 4 for checking the restrictions, the number of degrees of freedom of the asymptotic χ 2 distributions may be lower than the number of zeros imposed by the ...
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Input output linkages and the propagation of domestic productivity shocks: Assessing alternative theories with stochastic simulation
... productivity shocks could lead to sizable macroeconomic ...sensitivity using simple general equilibrium models, a novel approach is proposed in this paper, based on stochastic simulations with a global CGE ...
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Using Stock Returns to Identify Government Spending Shocks
... plausible alternative portfolios to identify government spending shocks ...because using SIC codes alone to select a defense industry portfolio leads to including firms having non-military businesses ...
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Using the global dimension to identify shocks with sign restrictions
... The scaled response estimator r scaled 1 however improves with rising n, and hence fulfills the intuitive consistency property outlined in Section 1. The latter result is robust to the degree of cross-section dependence ...
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Measuring oil-price shocks using market-based information
... oil-price shocks by running oil-price forecasting equations on a daily ...several alternative definitions of exogenous oil-price shocks and construct corresponding shock measures for each of ...
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Assessing the Transmission of Monetary Policy Shocks Using Dynamic Factor Models
... 3.4 Why time-varying loadings? A crucial question to answer is what is the intuition behind time varying loadings when standard principal components are extracted? It is well known that asymptotically the principal ...
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The multidimensional impacts of external price shocks on the Algerian economy by using of CGEM
... This study is the empirical guideline to show the factual economy wide impacts followed by international recession conditions. Algerian government must reorganize now about the possible alternatives to recover the ...
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Assessing the transmission of monetary policy shocks using dynamic factor models
... Priors The dimension of the model and the presence of time-varying parameters calls for some shrinkage in the model. For instance, given that the VAR autoregressive parameters B t follow a random walk which can easily ...
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Assessing the transmission of monetary policy shocks using dynamic factor models
... Priors The dimension of the model and the presence of time-varying parameters calls for some shrinkage in the model. For instance, given that the VAR autoregressive parameters B t follow a random walk which can easily ...
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Impacts of Exogenous Shocks Using GTAP
... Exogenous Shocks in Selected Region using GTAP Wannaphong Durongkaveroj GTAP is a well - documented software using mainly for generating economic impacts from exogenous ...
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Responses of the Polish economy to demand and supply shocks under alternative fiscal policy rules
... Fiscal rules are institutional mechanisms aimed at supporting fiscal credibility and discipline. Essential goal of the fiscal rules is to promote debt sustainability. As Wyplosz (2005) remarks, the difficulty here is ...
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Identifying fertility contagion using random fertility shocks
... selection. Using contagion between siblings as an empirical example, we draw data from Norwegian administrative registers (N ...fertility shocks. We find no consistent significant effects of random ...
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Tracking employment shocks using mobile phone data
... provider algorithmic changes than most social media [38]. But, just as important, the micro nature of these data allow for the development of new empirical approaches to study the effect of economic shocks on ...
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Are Credit Shocks Supply or Demand Shocks?
... credit shocks seems to have become stronger in recent ...credit shocks in driving business cycle fluctuations since the early 1990s has made it easier to identify the long run effects on ...An ...
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Are Shocks to the Terms of Trade Shocks to Productivity?
... other responses to terms of trade shocks. The change in relative prices may induce reallocations across goods and sectors that involve nonproductive activities like retraining, or capital may go idle, both ...
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CHAPTER 9. Shocks. Shocks 9.1
... Emulsion Shocks: With the shock inverted and the piston rod fully extended, secure the lower mount of the shock in a ...top. Using a rag as a shield to prevent spraying gas and oil; place rag over top the ...
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Aggregate Shocks, Idiosyncratic Shocks and Global Imbalances
... the shocks, but also, by the per- sistence parameters a and z , and agents’preferences parameters, in particular by the risk aversion parameter ...the alternative values for Gini coe¢ ...
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The Advantages of Using SaaS As an Alternative toprise
... TCO Model 1 | Commercial Software Licensed Software TCO: This is a “real world” example with both capital costs and operating expenses. Capital acquisition costs are list prices for Tivoli Access Manager for eBusiness ...
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