نتایج جستجو برای: prescott equation
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Hayashi and Prescott (2002) speculate that the anemic performance of the Japanese economy since the early 1990s can be understood in terms of how any ‘well-functioning’ private sector might react to an exogenous ‘productivity shock.’ In particular, they downplay the role of monetary and financial factors in shaping Japan’s ‘lost decade.’ But many view the monetary and financial developments in ...
I calculate exact expressions for risk premia, term premia, and the premium on levered equity in a framework that includes habit formation, keeping/catching up with the Joneses, and possible departures from rational expectations. Closed-form expressions for the rst and second moments of returns and for the R2 of a regression of stock returns on the dividend-price ratio are derived under lognor...
the real business cycle theory was applied to investigate the hypothesis of cyclical agreeable treatment of real wages, for men and women work force, in the iranian agricultural sector for the period of 1971-2006. on the basis of this theory, the impacts of supply side shocks (productivity and oil income shocks), are anticipated on the fluctuations of the real wages. the dominant effect of supp...
Joep Perk, Guy De Backer, Helmut Gohlke, Ian Graham, Željko Reine, W.M. Monique Verschuren, Christian Albus, Pascale Benlian, Gudrun Boysen, Renata Cifkova, Christi Deaton, Shah Ebrahim, Miles Fisher, Giuseppe Germano, Richard Hobbs, Arno Hoes, Sehnaz Karadeniz, Alessandro Mezzani, Eva Prescott, Lars Ryden, Martin Scherer , Mikko Syvänne, Wilma J.M. Scholte Op Reimer, Christiaan Vrints, David W...
Ben Mitchinson, Robyn A. Grant, Kendra Arkley, Vladan Rankov, Igor Perkon, Tony J. Prescott. Corresponding author: [email protected] (1) Active Touch Laboratory (ATL@S), Department of Psychology, University of Sheffield, Sheffield, S10 2TN, United Kingdom. (2) Cognitive Neuroscience Sector, International School for Advanced Studies, Trieste, Italy; Italian Institute of Technology, SI...
The liver is the most important site of drug metabolism and patients with liver disease might be expected to have a reduced capacity to metabolize drugs. The rates of elimination of extensively metabolized drugs such as the barbiturates, diazepam, tolbutamide, isoniazid, phenylbutazone, rifampicin, lignocaine, paracetamol, aminopyrine, antipyrine and pethidine have been measured in patients wit...
در این رساله، وجود و چندگانگی جواب های مثبت دسته ای از معادلات و دستگاه معادلات دیفرانسیل با مشتقات جزئی غیرخطی با شرط های مرزی همگن دیریکله را بر اساس روش جواب های پایینی-بالایی در دو مفهوم کلاسیک و ضعیف مورد بحث قرار می دهیم. فرض کنید $omega$ دامنه ای کراندار در $mathbb{r}^n$ با مرز هموار $partial omega$ است. ابتدا، وجود جواب های مثبت مسائل نیمه مثبت گون نامتناهی [ -delta u=-a ...
We study a general equilibrium model with production where financial markets are incomplete. At a competitive equilibrium firms take their production and financial decisions so as to maximize their value. If firms form perfectly competitive conjectures, as shown by Makowski (1983a,b), shareholders unanimously support value maximization and competitive equilibria are constrained Pareto optimal. ...
Author Contact: David E. Giles, Dept. of Economics, University of Victoria, P.O. Box 1700, STN CSC, Victoria, B.C., Canada V8W 2Y2; e-mail: [email protected]; Phone: (250) 721-8540; FAX: (250) 721-6214 Abstract By noting that the Hodrick-Prescott filter can be expressed as the solution to a particular regression problem, we are able to show how to construct confidence bands for the filtered time-s...
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