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Author : Thomas F. Cooley
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (753 download)
Download or read book The Cyclical Behavior of Prices written by Thomas F. Cooley and published by . This book was released on 1989 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John P. Judd
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (92 download)
Download or read book The Cyclical Behavior of Prices: Interpreting the Evidence written by John P. Judd and published by . This book was released on 1993 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
![Download The Cyclical Behavior [behaviour] of Prices PDF Online Free](https://books.google.com/books/content/images/frontcover/T4y-tgAACAAJ?fife=w200-h370)
Author : Geoffrey Hoyt Moore
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (251 download)
Download or read book The Cyclical Behavior [behaviour] of Prices written by Geoffrey Hoyt Moore and published by . This book was released on 1971 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Eric P. Bettinger
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (776 download)
Download or read book Modeling the Cyclical Behavior of Prices written by Eric P. Bettinger and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Paul Beaudry
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (891 download)
Download or read book Reexamining the Cyclical Behavior of the Relative Price of Investment written by Paul Beaudry and published by . This book was released on 2014 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: We document the cyclical behavior of several measures of the relative price of investment goods for the U.S. economy over the last fifty years. Our main result is that there is no robust evidence that this relative price is countercyclical in the data. Furthermore, for the recent (post-Volcker) period, the relative price of investment appears predominantly procyclical. When looking at more disaggregated series, most measures are procyclical, a few acyclical, and only the price of equipment is countercyclical for some periods and measures. The procyclical behavior of the relative price of aggregate investment is also found for the six other countries of the G7.
Author : Julio Rotemberg
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.3/5 (243 download)
Download or read book The Cyclical Behavior of Prices and Costs written by Julio Rotemberg and published by . This book was released on 1999 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Because inputs are scarce, marginal cost should be an increasing function of output. Without changes in this real marginal cost schedule, aggregate output can vary if and only if the markup of price over marginal cost varies. In this review, we discuss the extent to which observed fluctuations in aggregate economic activity depend upon such variations in average markups. We first study whether, empirically, real marginal cost rises in cyclical expansions. Average real labor cost is not very procyclical, but, for reasons such as overhead labor and adjustment costs, marginal labor cost should be more procyclical. Measures of marginal cost based on materials costs and inventories also appear procyclical. We next show that countercyclical markup variation may, depending upon how costs are modeled, account for a substantial fraction of cyclical output movements. We also show that the observed procyclical variations in productivity and profits are consistent with the hypothesis that cyclical variations in output are primarily due to markup variations than to shifts in the real marginal cost schedule. Finally, we survey theories of endogenous markup variation. These include both models of sticky and models in which firms' desired markup varies over time.
Author : Thomas Hale Pendleton
Publisher :
ISBN 13 :
Total Pages : 178 pages
Book Rating : 4.:/5 (277 download)
Download or read book Cyclical Behavior of Wholesale Prices, 1947-1959 written by Thomas Hale Pendleton and published by . This book was released on 1960 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : George K. Davis
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book The Cyclical Behavior of Prices and Relative Prices written by George K. Davis and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Price and output shock correlations provide information concerning macroeconomic shocks. Previous research generally finds small or negative correlations between real gross domestic product (GDP) and GDP deflator shocks but positive correlations between industrial production (IP) and consumer price index (CPI) shocks at short forecast horizons. We show that mismatched price and output correlations may have different magnitudes or signs than matched pairs. Matched and mismatched correlations between disaggregated prices and output from the GDP accounts indicate the procyclical price of nondurables to durables makes correlations between mismatches misleading. Thus, there is reason to be skeptical of results based on IP and the CPI.
Author : Walter C. Labys
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (133 download)
Download or read book The Cyclical Behavior of Individual Commodity Price Series written by Walter C. Labys and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Imad A. Moosa
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book The Cyclical Behaviour of Prices in the U.K written by Imad A. Moosa and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The cyclical behaviour of prices in the U.K. is investigated using a sample of annual observations covering the period 1886 1993. A structural time series model relating consumer prices to output is estimated over four sub-periods. The results indicate that prices were procyclical in the inter-war period, countercyclical in the post-1973 period and acyclical otherwise. The proposition that the cyclical behaviour of prices is determined by the dominance of supply or demand shocks alone is disputed on the basis of empirical evidence and theoretical reasoning. It is concluded that the cyclical behaviour of prices cannot be explained just by analysing time series on output and prices and that due attention should be changes occurring during the period under study. It is demonstrated that the empirical results are consistent with the events experienced by the U.K. economy in the most recent period.
Author : Frederick Cecil Mills
Publisher :
ISBN 13 :
Total Pages : 598 pages
Book Rating : 4.:/5 (289 download)
Download or read book The Behavior of Prices written by Frederick Cecil Mills and published by . This book was released on 1927 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Edgar Lawrence Smith
Publisher :
ISBN 13 : 9780871641281
Total Pages : 226 pages
Book Rating : 4.6/5 (412 download)
Download or read book Common Stocks and Business Cycles written by Edgar Lawrence Smith and published by . This book was released on 1971 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Geoffrey Colin Harcourt
Publisher : Oxford University Press, USA
ISBN 13 : 0195390768
Total Pages : 637 pages
Book Rating : 4.1/5 (953 download)
Download or read book The Oxford Handbook of Post-Keynesian Economics, Volume 1 written by Geoffrey Colin Harcourt and published by Oxford University Press, USA. This book was released on 2013-07 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: These two volumes cover the principal areas to which Post-Keynesian economists have made distinctive contributions. The contents include the significant criticism by Post-Keynesians of mainstream economics, but the emphasis is on positive Post-Keynesian analysis of the economic problems of the modern world and of policies with which to tackle them.
Author : G. C. Harcourt
Publisher : Oxford University Press
ISBN 13 : 0199359296
Total Pages : 637 pages
Book Rating : 4.1/5 (993 download)
Download or read book The Oxford Handbook of Post-Keynesian Economics, Volume 1 written by G. C. Harcourt and published by Oxford University Press. This book was released on 2013-08-16 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two volume Handbook contains chapters on the main areas to which Post-Keynesians have made sustained and important contributions. These include theories of accumulation, distribution, pricing, money and finance, international trade and capital flows, the environment, methodological issues, criticism of mainstream economics and Post-Keynesian policies. The Introduction outlines what is in the two volumes, in the process placing Post-Keynesian procedures and contributions in appropriate contexts.
Author :
Publisher : CEPS
ISBN 13 : 9290796871
Total Pages : 44 pages
Book Rating : 4.2/5 (97 download)
Download or read book Agency Costs and Investment Behaviour written by and published by CEPS. This book was released on with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert J. Gordon
Publisher : University of Chicago Press
ISBN 13 : 0226304590
Total Pages : 882 pages
Book Rating : 4.2/5 (263 download)
Download or read book The American Business Cycle written by Robert J. Gordon and published by University of Chicago Press. This book was released on 2007-11-01 with total page 882 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are "like the beat of the heart, of the essence of the organism that displays them." In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations. Seven papers address specific aspects of economic activity: consumption, investment, inventory change, fiscal policy, monetary behavior, open economy, and the labor market. Five papers focus on aggregate economic activity. In a number of cases, the papers present findings that challenge widely accepted models and assumptions. In addition to its substantive findings, The American Business Cycle includes an appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.
Author : Reuben A. Kessel
Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.3/5 (97 download)
Download or read book The Cyclical Behavior of the Term Structure of Interest Rates written by Reuben A. Kessel and published by . This book was released on 1965 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
