Pricing Behavior and the Comovement of Productivity and Labor PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Pricing Behavior and the Comovement of Productivity and Labor PDF full book. Access full book title Pricing Behavior and the Comovement of Productivity and Labor by Domenico Marchetti. Download full books in PDF and EPUB format.
Author: Domenico Marchetti
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 60
Get Book Here
Book Description
Author: Domenico Marchetti
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 60
Get Book Here
Book Description
Author: Robert Shimer
Publisher: Princeton University Press
ISBN: 1400835232
Category : Business & Economics
Languages : en
Pages : 189
Get Book Here
Book Description
Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.
Author: Mr.Pau Rabanal
Publisher: International Monetary Fund
ISBN: 1451875657
Category : Business & Economics
Languages : en
Pages : 68
Get Book Here
Book Description
Our answer: Not so well. We reached that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the strong positive comovement between output and labor input measures.
Author: Olivier Blanchard
Publisher: MIT Press
ISBN: 9780262521840
Category : Business & Economics
Languages : en
Pages : 388
Get Book Here
Book Description
This annual is designed to stimulate research on problems in applied economics, to bring frontier theoretical developments to a wider audience, and to accelerate the interaction between analytical and empirical research in macroeconomics
Author: Guthlac N. Kirk Anyalezu
Publisher: AuthorHouse
ISBN: 1504903161
Category : Education
Languages : en
Pages : 184
Get Book Here
Book Description
Guthlac Kirk Anyalezus Economics provides an advanced econometrics analysis integrating the real world (macroeconomics and microeconomics) of analyzing and/or synthesizing aggregate productivity and aggregate technology. The books conciseness and easy-to-follow chapters provide the best mix of approach and methodology analysis. It will enable and enhance students, researchers and other users understanding of how to measure aggregate productivity and technology shocks, including the evaluation of economic policies. Features include the following: A comprehensive literature survey and analysis on Total Factor Productivity (TFP) and Real Business Cycle (RBC) Models. Estimation of aggregate productivity and aggregate technology Analysis of aggregate productivity, technology and contractionary effects Econometrics techniques and analysis Structural autoregressive model and bivariate model Various econometric testing An indepth empirical study applicable to any world economy Simplification of complex econometrics modelling, theoretical analysis and evaluation
Author: Charles R. Hulten
Publisher: University of Chicago Press
ISBN: 0226360644
Category : Medical
Languages : en
Pages : 648
Get Book Here
Book Description
The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.
Author: Silvia Fabiani
Publisher:
ISBN:
Category : Pricing
Languages : en
Pages : 68
Get Book Here
Book Description
Author: Gian Maria Tomat
Publisher:
ISBN:
Category : Microcomputers
Languages : en
Pages : 52
Get Book Here
Book Description
Author: Patrizio Pagano
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 52
Get Book Here
Book Description
Author: Massimo Caruso
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 52
Get Book Here
Book Description
