              

      

                                        

                          

                                   

                       

                                             

                        

              

  





          

                 

                 

   

   

             

                                     

                                      

                   

                         

  





          

             

                     

                         

                                   

Investment Shocks and the Comovement Problem

Problem. Hashmat Khan. John Tsoukalas. Carleton University University of Nottingham. Discussant: Panayiotis M. Pourpourides. Cardiff Business School ...

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Sep 12, 2012 - Phone: +49-241-8096203. .... is a declining function of the wealth bias in the political system. ..... we need to adapt the fixed-point iteration procedure used in com- ..... However, we do not want to limit our analysis to business cy

Trade in Intermediate Inputs and Business Cycle Comovement
real business cycles model with trade in both intermediate and final goods. .... technology weights ωx .... benefits countries that use country k goods as inputs.

Supply Shocks, Demand Shocks, and Labor Market ...
What is the effect of technology shocks on hours/employment? .... Technology Shocks and Job. Flows! .... Variance Decomposition at Business Cycle Frequency.

Trade in Intermediate Inputs and Business Cycle Comovement
real business cycles model with trade in both intermediate and final goods. ..... this equation, I write the change in log output as a reduced form function of ...

Comovement, excess volatility, and home production
incorporated into equilibrium business models to address a variety of issues. ... based on (i) highly correlated technology shocks between the market and the ..... use of total consumption provides two advantages: it represents the permanent.

When Uncertainty Blows in the Orchard: Comovement ...
Aug 21, 2009 - Andrea Buraschi. Imperial College London. Fabio Trojani .... Materials. Automotive. Banking. Energy ... Materials. Automotive. Banking. Energy.

When Uncertainty Blows in the Orchard: Comovement ...
Jun 6, 2010 - on Quantitative Finance 2009, the EFA Meeting, Bergen, 2009, the AFA Meeting .... importance in the broader process of economic risk-sharing.

Extractive Industries, Production Shocks and Criminality: Evidence ...
Oct 5, 2016 - “Website of Chamber of Mines”. http://chamberofmines.org.za (ac- .... “Website of National Treasury”. http://www.treasury.gov.za/ (accessed.

Micro and Macro Uncertainty Shocks
Oct 31, 2013 - Page 1 ... for various measures of the business cycle, micro uncertainty and forecast dispersion are both related to macro ... signals can create dispersion in forecasts and in earnings, which is micro uncertainty. But how do ...

Wage Rigidities, Reallocation Shocks, and Jobless Recoveries
Aug 23, 2010 - generating a negative comovement between unemployment and job vacancies (Abraham and. Katz, 1986). And models of wage rigidities ran ...

World Technology Shocks and the Real Euro-Dollar ...
Dec 15, 2011 - albeit not the dominant, source of movements in the real euro-dollar exchange rate. First, the dollar ..... Problems of low power in these tests are well known. Indeed, Alquist .... Our results do not stand in sharp contrast with these

Revolt on the Nile: Economic Shocks, Religion, and ...
at the top of the graph denote years with judge replacement; black dots denote Nile .... The regressions in columns 4–6 omit all structures associated with death, ...

Government Spending, Shocks, and the Role of ...
provided in the online appendix. The last year ... federal aid could generate an income effect that results in a greater demand for state-level expen- ditures. Also ...

Understanding Uncertainty Shocks and the Role of ...
9 Oct 2013 - But future work could use these same tools to measure uncertainty at any ..... normal filtering problem with unknown parameters that can be solved using the same tools as in the previous section. ..... the conditional variance of beliefs

Future Fiscal and Budgetary Shocks - Semantic Scholar
so once again the determinant of A is positive. Therefore, the system represented by (21) and (22) is globally unstable. If the eigenvalues associated with the ...

Extractive Industries, Production Shocks and Criminality: Evidence ...
Oct 5, 2016 - To check whether income opportunities is a plausible mechanism through which mining ... Poor availability of mining employment numbers and labor ...... “Website of Chamber of Mines”. http://chamberofmines.org.za (ac-.

Future Fiscal and Budgetary Shocks - Semantic Scholar
∗Hoon (School of Economics and Social Sciences, Singapore Management University, ... Email: [email protected]) and Phelps (Department of Economics, ...

Uncertainty shocks as second-moment news shocks - Ian Dew-Becker
Jun 8, 2017 - SED, Arizona State, Yale, Texas A&M, and the SFS Cavalcade. 1 ... 1For past work on the relationship of uncertainty and the business cycle, see, among others, Alexopoulos and ... The news shocks are also not small.

Productivity Shocks, Budget Deficits and the Current ...
Aug 18, 2008 - Email: [email protected]. Phone number: ++49 69 1344 7678. ...... primary balance — are very close to those of the benchmark ...