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Macroeconomics: Consumption, Saving, Production, Employment, and Investment x Multiple or Simultaneous Equation Models; Multiple Variables x clear all

Chinese saving dynamics: the impact of GDP growth and the dependent share

Carl Bonham and Calla Wiemer.

in Oxford Economic Papers

January 2013; p ublished online April 2012 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Multiple or Simultaneous Equation Models; Multiple Variables; Economywide Country Studies; Economic Development. 9500 words.

China's national saving rate rose rapidly in the 2000s after declining through the late 1990s. These dynamics are not readily explained by the precautionary motive, the institutional...

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Expenditure and confidence: using daily data to identify shocks to consumer confidence

Marta Lachowska.

in Oxford Economic Papers

October 2016; p ublished online March 2016 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Prices, Business Fluctuations, and Cycles; Multiple or Simultaneous Equation Models; Multiple Variables. 10435 words.

The importance of consumer confidence in stimulating economic activity is a disputed issue in macroeconomics. Do changes in confidence represent autonomous fluctuations in optimism,...

The Informational Content of Surnames, the Evolution of Intergenerational Mobility, and Assortative Mating

Maia Güell, José V. Rodríguez Mora and Christopher I. Telmer.

in The Review of Economic Studies

April 2015; p ublished online December 2014 .

Journal Article. Subjects: Demographic Economics; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Multiple or Simultaneous Equation Models; Multiple Variables. 19048 words.

We propose a new methodology for measuring intergenerational mobility in economic well-being. Our method is based on the joint distribution of surnames and economic outcomes. It circumvents...

Personal income inequality and aggregate demand

Laura Carvalho and Armon Rezai.

in Cambridge Journal of Economics

March 2016; p ublished online March 2015 .

Journal Article. Subjects: Multiple or Simultaneous Equation Models; Multiple Variables; Microeconomics; Macroeconomics: Consumption, Saving, Production, Employment, and Investment. 5981 words.

This paper presents a theoretical and empirical investigation of how changes in the size distribution of income can affect aggregate demand and the demand regime of an economy. After...

Reflections on the Probability Space Induced by Moment Conditions with Implications for Bayesian Inference

A. Ronald Gallant.

in Journal of Financial Econometrics

March 2016; p ublished online May 2015 .

Journal Article. Subjects: Multiple or Simultaneous Equation Models; Multiple Variables; Macroeconomics: Consumption, Saving, Production, Employment, and Investment. 6769 words.

Often a structural model implies that certain moment functions expressed in terms of data and model parameters follow a distribution. An assertion that moment functions follow a...

Reflections on the Probability Space Induced by Moment Conditions with Implications for Bayesian Inference — Author Response to Comments

A. Ronald Gallant.

in Journal of Financial Econometrics

March 2016; p ublished online April 2016 .

Journal Article. Subjects: Multiple or Simultaneous Equation Models; Multiple Variables; Macroeconomics: Consumption, Saving, Production, Employment, and Investment. 4791 words.

There are three main criticisms. The first is to misread Assumption 1 so as to think that probabilities are being put to zero after having observed the data leading to the erroneous...

Specialization and risk sharing in European regions

Roberto Basile and Alessandro Girardi.

in Journal of Economic Geography

September 2010; p ublished online September 2009 .

Journal Article. Subjects: Econometric and Statistical Methods and Methodology: General; International Trade; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Growth and Aggregate Productivity; Multiple or Simultaneous Equation Models; Multiple Variables. 6165 words.

Economic theory emphasizes that risk sharing makes it possible to exploit benefits from comparative advantages and economies of scale. Unlike previous studies we test (and reject) the...

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Time to reject the privileging of economic theory over empirical evidence? A reply to Lawson

Katarina Juselius.

in Cambridge Journal of Economics

March 2011; p ublished online August 2010 .

Journal Article. Subjects: General Aggregative Models; General Economics; Economic Methodology; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Macroeconomics and Monetary Economics; Multiple or Simultaneous Equation Models; Multiple Variables; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Econometric Modelling. 6903 words.

The present financial and economic crisis has revealed a systemic failure of academic economics and emphasised the need to re-think how to model economic phenomena. Tony Lawson seems...

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Time Varying Structural Vector Autoregressions and Monetary Policy

Giorgio E. Primiceri.

in The Review of Economic Studies

July 2005; p ublished online July 2005 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Multiple or Simultaneous Equation Models; Multiple Variables; Prices, Business Fluctuations, and Cycles; Monetary Policy, Central Banking, and the Supply of Money and Credit. 15289 words.

Monetary policy and the private sector behaviour of the U.S. economy are modelled as a time varying structural vector autoregression, where the sources of time variation are both the...

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