This paper introduces the application of real estate pricing DP DEA Double Perspective Data Envelopment Analysis to solve the LOOP (Law of One Price) arbitrage. A general equilibrium model of real estate values was developed to analyze price variation over digital map, and applied to the urban area of the city of Joinville. The power of real estate locational value assessment using DP-DEA is th...

Metal Oxide Semiconductor (MOX) gas transducers are one of the preferable technologies to build electronic noses because of their high sensitivity and low price. In this paper we present an approach to overcome to a certain extent one of their major disadvantages: their slow recovery time (tens of seconds), which limits their suitability to applications where the sensor is exposed to rapid chan...

This paper provides an empirical assessment of the importance of sticky prices in accounting for the variations and the persistence in real exchange rates. Vector autoregressions with five variables from two countries that always include the United States are estimated. Restrictions are imposed to identify a global shock, and two sets of country specific output shocks. One set of shocks is asso...

In this research, the DCC model is estimated to calculate dynamic correlation series between crude oil price and growth of Industry and Mine sector during 1367:1-1392:4. Then, Macroeconomic variables which can explain the dynamic correlation are analyzed as variables of contagion. So, the import, as an effective and affected variable from crude oil price, is separated to real import of consumpt...

The fiscal theory of price determination asserts that the price level is determined by the ratio of nominal public debt to the present value of real primary surpluses. To show its fragility, we describe a cash-in-advance economy with infinitely lived real productive assets. The fiscal theory does not hold since speculative bubbles partly restore the classical indeterminacy result.

â â â  â â â  abstract â  using a structural var with block exogeneity, diagonality and identifying restrictions, this paper analyzes: first, the macroeconomic linkages among the oil price, u.s. output, interest rate, money supply, general price level and exchange rate and second, the relationships of the macroeconomic variables with the price indices of ten international nonfuel commodity grou...

Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. Background data and methods . . . . . . . . . . . . . . . . . . . II. PPPs and real expenditures in 1980 . . . . . . . . . . . . . . . . 111. Patterns of relative prices in OECD countries . . . . . . . . . . . . IV. Comparative price levels and real per capita GDP . . . . . . . . . V. Price levels, purchasing power pa...