AN EMPIRICAL EXAMINATION OF INFORMATION, DIFFERENCES OF OPINION, AND TRADING ACTIVITY, WORKING PAPER #9405-34.

AN EMPIRICAL EXAMINATION OF INFORMATION, DIFFERENCES OF OPINION, AND TRADING ACTIVITY, WORKING PAPER #9405-34. PDF Author: HEADRIK BESEMBINDER, KALOK CHAN & PAUL J. SEGUIN
Publisher:
ISBN:
Category :
Languages : en
Pages : 32

Book Description


An Empirical Examination of Information, Differences of Opinion, and Trading Activity

An Empirical Examination of Information, Differences of Opinion, and Trading Activity PDF Author: Hendrik Bessembinder
Publisher:
ISBN:
Category : Cash flow
Languages : en
Pages : 40

Book Description


NBER Macroeconomics Annual 2007

NBER Macroeconomics Annual 2007 PDF Author: Daron Acemoglu
Publisher:
ISBN: 9780226002026
Category : Macroeconomics
Languages : en
Pages : 0

Book Description
The NBER Macroeconomics Annual provides a forum for important debates in contemporary macroeconomics and major developments in the theory of macroeconomic analysis and policy that include leading economists from a variety of fields. The papers and accompanying discussions in NBER Macroeconomics Annual 2007 address exchange-rate models; implications of credit market frictions; cyclical budgetary policy and economic growth; the impacts of shocks to government spending on consumption, real wages, and employment; dynamic macroeconomic models; and the role of cyclical entry of new firms and products on the nature of business-cycle fluctuations and on the effects of monetary policy.

Assessment of the Economic Effects on the United States of China's Accession to the WTO.

Assessment of the Economic Effects on the United States of China's Accession to the WTO. PDF Author:
Publisher:
ISBN:
Category : China
Languages : en
Pages : 546

Book Description


The Value of Culture

The Value of Culture PDF Author: Arjo Klamer
Publisher: Amsterdam University Press
ISBN: 9053562184
Category : Business & Economics
Languages : en
Pages : 244

Book Description
Culture manifests itself in everything human, including the ordinary business of everyday life. Culture and art have their own value, but economic values are also constrained. Art sponsorships and subsidies suggest a value that exceeds market price. So what is the real value of culture? Unlike the usual focus on formal problems, which has 'de-cultured' and 'de-moralized' the practice of economics, this book brings together economists, philosophers, historians, political scientists and artists to try to sort out the value of culture. This is a book not only for economists and social scientists, but also for anybody actively involved in the world of the arts and culture.

Measuring Oil-Price Shocks Using Market-Based Information

Measuring Oil-Price Shocks Using Market-Based Information PDF Author: Mr.Tao Wu
Publisher: International Monetary Fund
ISBN: 1463967888
Category : Business & Economics
Languages : en
Pages : 42

Book Description
We study the effects of oil-price shocks on the U.S. economy combining narrative and quantitative approaches. After examining daily oil-related events since 1984, we classify them into various event types. We then develop measures of exogenous shocks that avoid endogeneity and predictability concerns. Estimation results indicate that oil-price shocks have had substantial and statistically significant effects during the last 25 years. In contrast, traditional VAR approaches imply much weaker and insignificant effects for the same period. This discrepancy stems from the inability of VARs to separate exogenous oil-supply shocks from endogenous oil-price fluctuations driven by changes in oil demand.

Economy and Environment

Economy and Environment PDF Author: Charles Perrings
Publisher: Cambridge University Press
ISBN: 9780521020763
Category : Business & Economics
Languages : en
Pages : 196

Book Description
Environmental external effects are evidence of the inability of market prices to reflect the interdependence of economic activities undertaken within a common environment, and are an essential feature of all market economies. This book shows how external effects are produced by the interaction of the economy with its environment, using a classical mass-balance model.

Radio Meteorology

Radio Meteorology PDF Author: Bradford R. Bean
Publisher:
ISBN:
Category : Radio meteorology
Languages : en
Pages : 456

Book Description


Spanish Economic Growth, 1850–2015

Spanish Economic Growth, 1850–2015 PDF Author: Leandro Prados de la Escosura
Publisher: Springer
ISBN: 3319580426
Category : Business & Economics
Languages : en
Pages : 400

Book Description
This book is open access under a CC BY 4.0 license. This text offers a comprehensive and nuanced view of the economic development of Spain since 1850. It provides a new set of historical GDP estimates for Spain from the demand and supply sides, and presents a reconstruction of production and expenditure series for the century prior to the introduction of modern national accounts. The author splices available national accounts sets over the period 1958–2015 through interpolation, as an alternative to conventional retropolation. The resulting national accounts series are linked to the historical estimates providing yearly series for GDP and its components since 1850. On the basis of new population estimates, the author derives GDP per head, decomposed into labour productivity and the amount of work per person, and placed into international perspective. With theoretical reasoning and historiographical implications, Prados de la Escosura provides a useful methodological reference work for anyone interested in national accounting. Open Access has been made possible thanks to Fundación Rafael del Pino's generous support. You can find the full dataset here: http://espacioinvestiga.org/bbdd-chne/?lang=en ‘This book stands among the classics for the Kuznetian paradigm in empirical economics. This is the definitive study of Spain's transition to a modern economy.’ —Patrick Karl O'Brien, Emeritus Fellow at St. Antony’s College, the University of Oxford, UK, and Professor Emeritus of Global Economic History at the London School of Economics and Political Science, UK ‘The definitive account of Spanish economic growth since 1850, based firmly on a magisterial reconstruction of that country’s national accounts and an unrivalled knowledge of both Spanish and global economic history of the period.’ —Stephen Broadberry, Professor of Economic History at Nuffield College, the University of Oxford, UK

The Microstructure Approach to Exchange Rates

The Microstructure Approach to Exchange Rates PDF Author: Richard K. Lyons
Publisher: MIT Press (MA)
ISBN:
Category : Business & Economics
Languages : en
Pages : 360

Book Description
Explaining the puzzling behavior of exchange rates using models from microstructure finance and data from electronic trading.