Distributed Lags and Investment Analysis PDF Download

Author: Leendert Marinus Koyck
Publisher:
ISBN:
Category : Economics, Mathematical
Languages : en
Pages : 111

View

Book Description

Author: Dale Weldeau Jorgenson
Publisher: MIT Press
ISBN: 9780262100564
Category : Business & Economics
Languages : en
Pages : 546

View

Book Description
V.1 Capital theory and investment behavior -- V.2 Tax policy and the cost of capital.

Author: Trevor Stanley Breusch
Publisher:
ISBN: 9780909541538
Category : Econometrics
Languages : en
Pages : 68

View

Book Description

Author: Robert E. Lucas
Publisher: U of Minnesota Press
ISBN: 0816610711
Category : Business & Economics
Languages : en
Pages : 734

View

Book Description
Assumptions about how people form expectations for the future shape the properties of any dynamic economic model. To make economic decisions in an uncertain environment people must forecast such variables as future rates of inflation, tax rates, governme.

Author: Robert E. Lucas
Publisher: U of Minnesota Press
ISBN: 1452901716
Category : Business & Economics
Languages : en
Pages : 410

View

Book Description
Rational Expectations and Econometric Practice was first published in 1981. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions. Assumptions about how people form expectations for the future shape the properties of any dynamic economic model. To make economic decisions in an uncertain environment people must forecast such variables as future rates of inflation, tax rates, government subsidy schemes and regulations. The doctrine of rational expectations uses standard economic methods to explain how those expectations are formed. This work collects the papers that have made significant contributions to formulating the idea of rational expectations. Most of the papers deal with the connections between observed economic behavior and the evaluation of alternative economic policies. Robert E. Lucas, Jr., is professor of economics at the University of Chicago. Thomas J. Sargent is professor of economics at the University of Minnesota and adviser to the Federal Reserve Bank of Minnesota.

Author: Mr.Abdul Abiad
Publisher: International Monetary Fund
ISBN: 1484361555
Category : Business & Economics
Languages : en
Pages : 26

View

Book Description
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.

Author: Kanta Marwah
Publisher: World Scientific
ISBN: 9814499234
Category : Business & Economics
Languages : en
Pages : 706

View

Book Description
This volume contains selected papers of Lawrence R Klein in economics, econometric theory and applications in modeling, forecasting, macroeconomic analysis, international economics and public policy. Nobel Laureate Lawrence Klein's bibliography spans a half-century, including books, articles, and chapters in conference proceedings, festschriften, and thematic books. One such volume of solely scientific collections, mainly from his relatively early articles, has already been published. The present volume is different, it includes some articles, but largely chapters, or book excerpts that were mostly written since 1980, the approximate cut-off date of the prior volume, and the year of his Nobel Prize. Also, it includes things that were published in very limited or obscure editions. Thus it provides a more complete picture of his scholarly career and his current reflections on the state of economic science. All these writings are in the vanguard of thinking about economics in a global domain.The thirty-five-plus selections are organized in five parts, by major themes. An editorial commentary introduces each part. The introductory chapters include Klein's autobiographical research commentary, and his professional life philosophy.

Author: P. Artus
Publisher: Elsevier
ISBN: 1483295338
Category : Business & Economics
Languages : en
Pages : 319

View

Book Description
The first part of the book presents the estimation of traditional models of investment, their interpretation in the light of the disequilibrium theory and their use in evaluating the economic policies implemented during the seventies. The issue of the best representation of the production technology is also addressed. The second part analyses the interdependance of the decisions of investment, employment and consumption of raw materials using simultaneous estimations of factor demand equations, as well as the dynamic adjustment costs firms are facing. The last section illustrates the most recent theories and econometric methods: investment models with several regimes taking into account sales, employment and financing constraints, and the introduction of the uncertainty on future sales.

Author: Council on Wage and Price Stability (U.S.)
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 84

View

Book Description

Author: Council on Wage and Price Stability (U.S.)
Publisher:
ISBN:
Category : Paper
Languages : en
Pages : 84

View

Book Description