the estimates of the parameter values given by Lucas fall within the range of values that gives indeterminacy, ...... guy" - u. |-:|(:) - || ' '- â ()) |(:) - || " (44). () (1) (). The dynamics associated with this system can now be illustrated diagrammatically. It is easy to show that there will be a unique (deter- minate) BGP if p -- Ä < 1, while ...
concurrent entry (and exit) of MNFs and exporters over the business cycle, the consumption- .... Rather, the relatively small subset of firms that become exporters or ... to 3 percent of the business population, accounts for almost 73 percent of the
model-simulated moments and business cycle data along two dimensions. First ... Federal Reserve Bank of St. Louis, the Federal Reserve System, or the ... In 2005, global sales by MNFs reached USD 22 trillion, compared with world .... show time-varyin
In this study we present an extension of a key macro-finance model which links endogenous growth theory to asset pricing. The leading literature in this field either accounts for endogenous capital accumulation or endogenous labor supply, but not for
Road, Falmouth, MA 02540-1644, USA, â â Sustainable Forest Management Research Institute, UVa-INIA, Palencia, E 34004,. Spain, â¡â¡Applied ...... Bates D, Maechler M, Bolker B (2011) lme4: Linear Mixed-Effects Models Using S4. Classes. R package
flux above the vegetation and the change in air column storage within the canopy space when data were available. The flux data used in this study were processed ...... NSF for funding, J.H. Richards, D.G. Williams, G.F. Midgley,. G.L. Vourlitis, E.P.
acid; VSP, valine-serine-proline. 2091. Biochemistry 2004, 43 .... μL of storage buffer (50 mM NH4HCO3 and 5 mM CaCl2). For LC-MS/MS, 5 μL of a sample was ...
the private credit over GDP, and the stock market capitalization. Fc can be .... Furthermore, strong property rights expand trade and facilitate credit markets, i.e., ...... contemporary inhabitants can trace their ancestry in 1500 AD to the same are
Sellers may send some messages to buyers (explicit). Or, they .... Stango (2004) for an online used computer market. 5Although many ... economy where the informational free-riding problem is so severe that a socially efficient technology .... Sellers
8For example, the Internet Association was formed by the major internet companies for the purpose of lobbying in favor of 'net-neutrality'. Similarly, Homeland Investment Coalition was a group of firms formed in 2004 to lobby for a tax holiday on the
Aug 19, 2005 - d University of British Columbia .... More formally, let {et} be the entire state/date contingent plan for the ... (i.e., the entire expected discounted sum) realized from {λet,nt} is λ1âÏ times the ...... To simplify notation, le
Apr 30, 2009 - U.S. House of Representatives during the Eisenhower and Reagan administrations. Rational choice .... by shared preferences of individual decision-makers over three alternative policies: Alpha,. Gamma, and .... Thus, the total number of
Jan 10, 2007 - of the durable, it rents those durables to final-output firms for a rental rate p(i). ..... into the business of producing a durable take prices for designs as given ... The last line of this equation shows that the model behaves just
Nov 28, 2009 - activities in order to influence their value with outside competitors. ...... workers can largely affect the acquisition of skills outside formal training arrangements, ... with potential customers, rather than establishing a more soli
Nov 28, 2009 - Contracts, assigning residual rents, are subject to bargaining. .... The intuition follows the idea that an agent's income is solely derived from the ...
Phone: +81 42 580 8327. Fax: +81 42 580 ... tivity growth is exogenous such that business cycle fluctuations and monetary policy do not affect ... the Ramsey ap- proach and comparing the optimal policy in the model to that in its exogenous.
Aug 19, 2005 - models in which the âsourceâ of shocks is either technology (see, for example, King and. Rebelo, 1988 ...... Evidence from the United States and.
Dec 10, 2014 - The payoffs are symmetric in the sense that T1 = T2 and ..... tions between the strong and the weak type when p = 0.4 is a line in R2 with end ...
Pricing of an Endogenous Peak-Loadâ. Lorenzo Roccoâ . Università di Milano Bicocca and ARQADE, Toulouse. April, 2003. Abstract. This paper aims to explore the peak-load price results arising in a congestion game setting. A continuum of players de
Sep 7, 2011 - Eye movements were monitored online with a remote video-based infrared eye-tracker and electrooculogram (EOG). Trials with eye movements ..... speed of neuronal communication, low-frequency oscillations can modulate ...
Sep 23, 2014 - or extensive electronic monitoring of phone records, bank accounts, ...... to show that isolation yields strictly higher payoffs in comparison with.
JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, .... in a technology-adoption game between internet service providers.