2024-03-29T08:04:14Z
https://mpra.ub.uni-muenchen.de/cgi/oai2
oai:mpra.ub.uni-muenchen.de:1734
2019-09-28T04:51:13Z
7374617475733D756E707562
7375626A656374733D47:4731:473131
7375626A656374733D45:4533:453339
7375626A656374733D43:4336:433638
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/1734/
Inside Money, Credit, and Investment
Dressler, Scott
Li, Victor
G11 - Portfolio Choice ; Investment Decisions
E39 - Other
C68 - Computable General Equilibrium Models
This paper presents a monetary explanation for several business-cycle facts: (i) household and business investment are procyclical, (ii) business investment lags household investment, (iii) household investment is positively correlated with M1, and (iv) household credit outstanding is positively correlated with and more volatile than household investment. We develop a dynamic general equilibrium model that features financial intermediaries accepting deposits and providing loans, credit-producing firms, and inside (bank-created) money. It is shown that the transmission of monetary shocks facilitated by credit and inside money creation is able to reconcile these real and monetary observations regarding the cyclical behavior of investment.
2007-01
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/1734/1/MPRA_paper_1734.pdf
Dressler, Scott and Li, Victor (2007): Inside Money, Credit, and Investment.
en
oai:mpra.ub.uni-muenchen.de:3383
2019-09-27T11:03:40Z
7374617475733D707562
7375626A656374733D45:4533:453339
7375626A656374733D46:4633:463331
7375626A656374733D45:4534:453430
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/3383/
Assessing the adequacy of measures of Australia’s price competitiveness and structural change
Harding, Don
E39 - Other
F31 - Foreign Exchange
E40 - General
There are a plethora of measures of Australia’s international price competitiveness. This article provides a practitioners guide to those series. The currently available measures of international price competitiveness are found to be deficient. A theoretically sound measure is suggested and computer code is supplied to construct estimates.
2001-09
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/3383/1/MPRA_paper_3383.pdf
Harding, Don (2001): Assessing the adequacy of measures of Australia’s price competitiveness and structural change. Published in: Australian Economic Review , Vol. 34, No. 4 (December 2001): pp. 458-466.
en
oai:mpra.ub.uni-muenchen.de:4704
2019-09-26T12:15:47Z
7374617475733D756E707562
7375626A656374733D45:4533:453339
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/4704/
The Information Content of Inflationary Expectations Derived from Bond Prices in Israel
Ilek, David
Ilek, Alex
E39 - Other
In this paper we analyze the information content of data on inflationary expectations derived from the Israeli bond market. The results indicate that these expectations are unbiased and efficient with respect to the variables considered. In other words, we cannot reject the hypothesis that these expectations are rational.
The existence of continuous data of this type, which is unique to the Israeli economy, enables us to test a number of hypotheses concerning the nature of price adjustment. The study found that expected inflation is a primary factor in the explanation of current inflation. This result is in agreement with the neo-Keynesian approach according to which the adjustment of prices is costly and as a result price increases in the present are determined primarily by expectations of future price increases. It was also found that inflation in Israel is better explained by the neo-Keynesian approach than by the Classical approach or the 'lack of information' approach according to which current inflation is determined by past, rather than current, inflationary expectations.
Another issue examined in this study is whether inflationary inertia existed in Israel during the 1990s. From conventional estimation of an inflation equation (i.e. using future inflation as proxy for expectations) one can get the impression that there was strong inflationary inertia during this period. However, when data on inflationary expectations from the bond market were used in the estimation, this inertia (i.e. lagged inflation) became negative (and insignificant). This finding raise the possibility that inflationary inertia that is found elsewhere is not a structural phenomenon but an outcome of lack of reliable data on inflationary expectations.
2007-09
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/4704/1/MPRA_paper_4704.pdf
Ilek, David and Ilek, Alex (2007): The Information Content of Inflationary Expectations Derived from Bond Prices in Israel.
en
oai:mpra.ub.uni-muenchen.de:27322
2019-09-26T18:03:05Z
7374617475733D696E7072657373
7375626A656374733D47:4731:473132
7375626A656374733D45:4533:453339
7375626A656374733D45:4534:453434
7375626A656374733D47:4731:473130
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/27322/
Financial Markets Interactions between Economic Theory and Practice
Nicolau, Mihaela
G12 - Asset Pricing ; Trading Volume ; Bond Interest Rates
E39 - Other
E44 - Financial Markets and the Macroeconomy
G10 - General
During the last decades many financial analysts, either theorists or practitioners, have dedicated their studies to the interactions between different financial sectors. The results of these researches confirm that commodities, bonds and stock markets are closely related, therefore a thorough analysis of one should includes considerations of the other two. The aim of this article is to demonstrate that, even if from the theoretical point of view financial markets present typical and strong correlations between them, under economic turmoil the correlations change their signs. Both elementary rules of economic theory and examples with real time series are used in the demonstration. The results of our research emphasize that a simple theoretical analysis of financial markets’ behaviour through inflation and interest rates cannot define the real interactions of the markets and more robust research approaches are required.
2010-11-11
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/27322/1/MPRA_paper_27322.pdf
Nicolau, Mihaela (2010): Financial Markets Interactions between Economic Theory and Practice. Forthcoming in: The Annals of Dunărea de Jos University Fascicle I. Economics and Applied Informatics
en
oai:mpra.ub.uni-muenchen.de:30309
2019-10-10T16:49:14Z
7374617475733D707562
7375626A656374733D47:4731:473132
7375626A656374733D45:4533:453339
7375626A656374733D45:4534:453434
7375626A656374733D47:4731:473130
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/30309/
Financial Markets Interactions between Economic Theory and Practice
Nicolau, Mihaela
G12 - Asset Pricing ; Trading Volume ; Bond Interest Rates
E39 - Other
E44 - Financial Markets and the Macroeconomy
G10 - General
During the last decades many financial analysts, either theorists or practitioners, have dedicated their studies to the interactions between different financial sectors. The results of these researches confirm that commodities, bonds and stock markets are closely related, therefore a thorough analysis of one should includes considerations of the other two. The aim of this article is to demonstrate that, even if from the theoretical point of view financial markets present typical and strong correlations between them, under economic turmoil the correlations change their signs. Both elementary rules of economic theory and examples with real time series are used in the demonstration. The results of our research emphasize that a simple theoretical analysis of financial markets’ behaviour through inflation and interest rates cannot define the real interactions of the markets and more robust research approaches are required.
2010-11-11
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/30309/1/MPRA_paper_30309.pdf
Nicolau, Mihaela (2010): Financial Markets Interactions between Economic Theory and Practice. Published in: The Annals of Dunărea de Jos University Fascicle I. Economics and Applied Informatics , Vol. 16, No. 2 (30 November 2010): pp. 27-36.
en
oai:mpra.ub.uni-muenchen.de:33004
2019-09-26T07:53:05Z
7374617475733D707562
7375626A656374733D45:4530
7375626A656374733D42:4234
7375626A656374733D43:4331:433139
7375626A656374733D45:4530:453031
7375626A656374733D45:4532:453237
7375626A656374733D43:4330:433032
7375626A656374733D45:4533:453339
7375626A656374733D4B:4B31:4B3139
7375626A656374733D45:4533
7375626A656374733D4E:4E31
7375626A656374733D45:4530:453032
7375626A656374733D4B:4B30
7375626A656374733D4F:4F31:4F3131
7375626A656374733D43:4335:433533
7375626A656374733D41:4131:413133
7375626A656374733D45:4531:453139
7375626A656374733D45:4530:453030
7375626A656374733D42:4235:423539
7375626A656374733D45:4533:453337
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/33004/
The Golden Mean, the Arab Spring and a 10-step analysis of American economic history
Albers, Scott
Albers, Andrew L.
E0 - General
B4 - Economic Methodology
C19 - Other
E01 - Measurement and Data on National Income and Product Accounts and Wealth ; Environmental Accounts
E27 - Forecasting and Simulation: Models and Applications
C02 - Mathematical Methods
E39 - Other
K19 - Other
E3 - Prices, Business Fluctuations, and Cycles
N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations
E02 - Institutions and the Macroeconomy
K0 - General
O11 - Macroeconomic Analyses of Economic Development
C53 - Forecasting and Prediction Methods ; Simulation Methods
A13 - Relation of Economics to Social Values
E19 - Other
E00 - General
B59 - Other
E37 - Forecasting and Simulation: Models and Applications
The Long-Wave theories of Nikolai Kondratiev and others claim to find mathematic waves in economic and other social data which are at present in dispute. Currently the theory is considered outside the scope of mainstream economics under several rationales.
Despite the lack of mainstream acceptance, we make a strong case for the existence of long waves in the Real GNP of the United States with a 56 year cycle. Our analysis bypasses many of the issues cited by Long-Wave theory critics and in fact clarifies the mathematical structure of the theory.
2011-07-21
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/33004/1/MPRA_paper_33004.pdf
Albers, Scott and Albers, Andrew L. (2011): The Golden Mean, the Arab Spring and a 10-step analysis of American economic history. Published in: The Middle East Studies Online Journal , Vol. 3, No. 6 (3 August 2011): pp. 199-253.
en
oai:mpra.ub.uni-muenchen.de:36668
2019-09-27T16:38:03Z
7374617475733D707562
7375626A656374733D47:4731:473132
7375626A656374733D45:4533:453339
7375626A656374733D45:4534:453434
7375626A656374733D47:4731:473130
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/36668/
Financial Markets Interactions between Economic Theory and Practice
Nicolau, Mihaela
G12 - Asset Pricing ; Trading Volume ; Bond Interest Rates
E39 - Other
E44 - Financial Markets and the Macroeconomy
G10 - General
During the last decades many financial analysts, either theorists or practitioners, have dedicated their studies to the interactions between different financial sectors. The results of these researches confirm that commodities, bonds and stock markets are closely related, therefore a thorough analysis of one should includes considerations of the other two. The aim of this article is to demonstrate that, even if from the theoretical point of view financial markets present typical and strong correlations between them, under economic turmoil the correlations change their signs. Both elementary rules of economic theory and examples with real time series are used in the demonstration. The results of our research emphasize that a simple theoretical analysis of financial markets’ behaviour through inflation and interest rates cannot define the real interactions of the markets and more robust research approaches are required.
2010-11-11
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/36668/1/MPRA_paper_36668.pdf
Nicolau, Mihaela (2010): Financial Markets Interactions between Economic Theory and Practice. Published in: The Annals of Dunărea de Jos University Fascicle I. Economics and Applied Informatics , Vol. 16, No. 2 (30 November 2010): pp. 27-36.
en
oai:mpra.ub.uni-muenchen.de:42424
2019-09-27T08:06:03Z
7374617475733D756E707562
7375626A656374733D45:4530:453032
7375626A656374733D41:4131:413132
7375626A656374733D45:4533:453339
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/42424/
Analyse de la Relation Guerres Civiles et Croissance Économique
Kimbambu Tsasa Vangu, Jean - Paul
E02 - Institutions and the Macroeconomy
A12 - Relation of Economics to Other Disciplines
E39 - Other
This paper investigates and tests empirically the relationship between military expenditure, civil wars and economic performance in the Democratic Republic of Congo (DR Congo). Romer – Taylor model is estimated. The Econometric estimates show that there is a positive effect of military expenditure on economic growth and positive relationship in the short term and negative relationship in the long run between the presence of civil wars and economic growth. A new concept was introduced in the analysis to explain the true causes of the civil war in DR Congo, this is the R – GGC.
2012-02-25
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/42424/1/MPRA_paper_42424.pdf
Kimbambu Tsasa Vangu, Jean - Paul (2012): Analyse de la Relation Guerres Civiles et Croissance Économique.
fr
oai:mpra.ub.uni-muenchen.de:44413
2019-10-02T15:17:24Z
7374617475733D756E707562
7375626A656374733D42:4234:423431
7375626A656374733D42:4235
7375626A656374733D42:4235:423539
7375626A656374733D43:4335:433533
7375626A656374733D43:4336
7375626A656374733D43:4336:433639
7375626A656374733D45:4533:453339
7375626A656374733D4E:4E30:4E3030
7375626A656374733D4E:4E34:4E3430
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/44413/
Foundations of the economic and social history of the United States: Apologia
Albers, Scott
B41 - Economic Methodology
B5 - Current Heterodox Approaches
B59 - Other
C53 - Forecasting and Prediction Methods ; Simulation Methods
C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling
C69 - Other
E39 - Other
N00 - General
N40 - General, International, or Comparative
This set of three volumes argues that the mind – human consciousness – may be measured by considering mathematically the aggregate of that consciousness, i.e. social history. From this beginning theme of discussion three questions must arise.
1. How might this measurement be made?
2. Of what value is this measurement? and
3. How does this measurement affect our present understanding
of the reality in which we live?
Each of these three volumes attempts to provide answers to one of these questions.
2013-02-15
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/44413/1/MPRA_paper_44413.pdf
Albers, Scott (2013): Foundations of the economic and social history of the United States: Apologia.
en
oai:mpra.ub.uni-muenchen.de:68929
2019-10-01T05:40:26Z
7374617475733D756E707562
7375626A656374733D41:4131
7375626A656374733D43:4330
7375626A656374733D43:4336:433633
7375626A656374733D45:4530
7375626A656374733D45:4530:453030
7375626A656374733D45:4530:453031
7375626A656374733D45:4530:453032
7375626A656374733D45:4530:453033
7375626A656374733D45:4533
7375626A656374733D45:4533:453330
7375626A656374733D45:4533:453332
7375626A656374733D45:4533:453337
7375626A656374733D45:4533:453339
7375626A656374733D45:4536:453630
7375626A656374733D46:4630
7375626A656374733D46:4630:463030
7375626A656374733D46:4634:463430
7375626A656374733D46:4634:463434
7375626A656374733D46:4634:463437
7375626A656374733D4F:4F33
7375626A656374733D4F:4F33:4F3330
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/68929/
Digital DNA of economy of scale and scope
Ledenyov, Dimitri O.
Ledenyov, Viktor O.
A1 - General Economics
C0 - General
C63 - Computational Techniques ; Simulation Modeling
E0 - General
E00 - General
E01 - Measurement and Data on National Income and Product Accounts and Wealth ; Environmental Accounts
E02 - Institutions and the Macroeconomy
E03 - Behavioral Macroeconomics
E3 - Prices, Business Fluctuations, and Cycles
E30 - General
E32 - Business Fluctuations ; Cycles
E37 - Forecasting and Simulation: Models and Applications
E39 - Other
E60 - General
F0 - General
F00 - General
F40 - General
F44 - International Business Cycles
F47 - Forecasting and Simulation: Models and Applications
O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights
O30 - General
The research article aims to create a general fundamental theory on the Digital DNA of the modern digital creative economy of the scale and scope. In the frames of our theory, we define the Digital DNA of the modern digital creative economy of the scale and scope, making the following theoretical assumptions: 1) Digital DNA exists in the modern digital creative economy of the scale and scope; 2) Digital DNA consists of a chain of the knowledge with all the information on the modern digital creative economy of the scale and scope; 3) the Digital DNA uniquely identifies and accurately characterizes the modern digital creative economy of the scale and scope in the time, scale, frequency domains; 4) the Digital DNA represents a genetic key, which may help us to better understand the generation of the discrete-time digital business cycles with the different amplitudes, frequencies, shapes and powers in the modern digital creative economy of the scale and scope in the time, scale, frequency domains. In this innovative advanced research, we investigate the following research problems: 1) the existing damaging mechanisms of the Digital DNA’s complex knowledge base structure in the modern digital creative economies of the scales and scopes in the time, scale, frequency domains; 2) the possible repairing mechanisms of the Digital DNA’s complex knowledge base structure in the modern digital creative economies of the scales and scopes in the time, scale, frequency domains; 3) the specific influences by the damaged/repaired Digital DNA on the discrete-time digital business cycles generation/propagation in the modern digital creative economies of the scales and scopes in the time, scale, frequency domains. In addition, the innovative advanced research aims: 1) to perform the computer modeling on the Digital DNA’s complex knowledge base structure in the modern digital creative economy of the scale and scope; 2) to decode the Digital DNA’s complex knowledge base structure in the modern digital creative economy of the scale and scope.
2016-01-20
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/68929/1/MPRA_paper_68929.pdf
Ledenyov, Dimitri O. and Ledenyov, Viktor O. (2016): Digital DNA of economy of scale and scope.
en
oai:mpra.ub.uni-muenchen.de:68960
2019-10-01T08:34:08Z
7374617475733D756E707562
7375626A656374733D41:4131
7375626A656374733D43:4330
7375626A656374733D43:4336:433633
7375626A656374733D45:4530
7375626A656374733D45:4530:453030
7375626A656374733D45:4530:453031
7375626A656374733D45:4530:453032
7375626A656374733D45:4530:453033
7375626A656374733D45:4533
7375626A656374733D45:4533:453330
7375626A656374733D45:4533:453332
7375626A656374733D45:4533:453337
7375626A656374733D45:4533:453339
7375626A656374733D45:4536:453630
7375626A656374733D46:4630
7375626A656374733D46:4630:463030
7375626A656374733D46:4634:463430
7375626A656374733D46:4634:463434
7375626A656374733D46:4634:463437
7375626A656374733D4F:4F33
7375626A656374733D4F:4F33:4F3330
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/68960/
Digital DNA of economy of scale and scope
Ledenyov, Dimitri O.
Ledenyov, Viktor O.
A1 - General Economics
C0 - General
C63 - Computational Techniques ; Simulation Modeling
E0 - General
E00 - General
E01 - Measurement and Data on National Income and Product Accounts and Wealth ; Environmental Accounts
E02 - Institutions and the Macroeconomy
E03 - Behavioral Macroeconomics
E3 - Prices, Business Fluctuations, and Cycles
E30 - General
E32 - Business Fluctuations ; Cycles
E37 - Forecasting and Simulation: Models and Applications
E39 - Other
E60 - General
F0 - General
F00 - General
F40 - General
F44 - International Business Cycles
F47 - Forecasting and Simulation: Models and Applications
O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights
O30 - General
The research article aims to create a general fundamental theory on the Digital DNA of the modern digital creative economy of the scale and scope. In the frames of our theory, we define the Digital DNA of the modern digital creative economy of the scale and scope, making the following theoretical assumptions: 1) Digital DNA exists in the modern digital creative economy of the scale and scope; 2) Digital DNA consists of a chain of the knowledge with all the information on the modern digital creative economy of the scale and scope; 3) the Digital DNA uniquely identifies and accurately characterizes the modern digital creative economy of the scale and scope in the time, scale, frequency domains; 4) the Digital DNA represents a genetic key, which may help us to better understand the generation of the discrete-time digital business cycles with the different amplitudes, frequencies, shapes and powers in the modern digital creative economy of the scale and scope in the time, scale, frequency domains. In this innovative advanced research, we investigate the following research problems: 1) the existing damaging mechanisms of the Digital DNA’s complex knowledge base structure in the modern digital creative economies of the scales and scopes in the time, scale, frequency domains; 2) the possible repairing mechanisms of the Digital DNA’s complex knowledge base structure in the modern digital creative economies of the scales and scopes in the time, scale, frequency domains; 3) the specific influences by the damaged/repaired Digital DNA on the discrete-time digital business cycles generation/propagation in the modern digital creative economies of the scales and scopes in the time, scale, frequency domains. In addition, the innovative advanced research aims: 1) to perform the computer modeling on the Digital DNA’s complex knowledge base structure in the modern digital creative economy of the scale and scope; 2) to decode the Digital DNA’s complex knowledge base structure in the modern digital creative economy of the scale and scope.
2016-01-20
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/68960/7/MPRA_paper_68960.pdf
Ledenyov, Dimitri O. and Ledenyov, Viktor O. (2016): Digital DNA of economy of scale and scope.
en
oai:mpra.ub.uni-muenchen.de:69962
2019-09-26T09:46:54Z
7374617475733D707562
7375626A656374733D43:4335
7375626A656374733D45:4530:453033
7375626A656374733D45:4533:453339
7375626A656374733D46:4635:463533
7375626A656374733D46:4636:463639
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/69962/
Long Run Dynamic Volatilities between OPEC and non-OPEC Crude Oil Prices
Ghassan, Hassan B.
Alhajhoj, Hassan R.
C5 - Econometric Modeling
E03 - Behavioral Macroeconomics
E39 - Other
F53 - International Agreements and Observance ; International Organizations
F69 - Other
Understanding the long-run dynamics of OPEC and non-OPEC crude oil prices is important in an era of increased financialization of petroleum markets. Utilizing an ECM within a threshold cointegration and CGARCH errors framework, we provide evidence on the cointegrating relationship and estimate how and to what extent the respective prices adjust to eliminate disequilibrium. Our findings suggest that the adjustment process of OPEC prices to the positive discrepancies is slow which implies that OPEC producers do not prefer moderate oil prices; however, the reverse holds for non-OPEC producers. These results reflect distinct competitive behaviors between OPEC and non-OPEC producers.
2015-06-03
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/69962/1/MPRA_paper_69962.pdf
Ghassan, Hassan B. and Alhajhoj, Hassan R. (2015): Long Run Dynamic Volatilities between OPEC and non-OPEC Crude Oil Prices. Published in: Applied Energy , Vol. 169, No. http://dx.doi.org/10.1016/j.apenergy.2016.02.057 (8 February 2016): pp. 384-394.
en
oai:mpra.ub.uni-muenchen.de:93647
2019-10-15T16:28:53Z
7374617475733D756E707562
7375626A656374733D45:4533:453331
7375626A656374733D45:4533:453339
7375626A656374733D45:4534:453432
7375626A656374733D45:4535:453531
7375626A656374733D45:4535:453532
7375626A656374733D45:4535:453538
7375626A656374733D45:4535:453539
7375626A656374733D4E:4E31:4E3136
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/93647/
The long-run relationship between money and prices in Mexico: 1969-2010.
Gomez-Ruano, Gerardo
E31 - Price Level ; Inflation ; Deflation
E39 - Other
E42 - Monetary Systems ; Standards ; Regimes ; Government and the Monetary System ; Payment Systems
E51 - Money Supply ; Credit ; Money Multipliers
E52 - Monetary Policy
E58 - Central Banks and Their Policies
E59 - Other
N16 - Latin America ; Caribbean
This paper performs a spectral analysis (univariate and bivariate) of monthly series of growth in money (a narrow and a broad aggregate) and in prices for Mexico. This analysis allows the identification of the most important frequencies for each series, as well as of some measures of association between the series, at different frequencies. In particular, zero frequency measures, typically used for identifying the long-run relationship between money and prices, are obtained. In addition to the analysis of the entire series (1969-2010), a rolling sample analysis for the zero frequency is also carried out to allow for changes in the long-run relationships.
2014
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/93647/1/MPRA_paper_93647.pdf
Gomez-Ruano, Gerardo (2014): The long-run relationship between money and prices in Mexico: 1969-2010.
en
oai:mpra.ub.uni-muenchen.de:95084
2019-10-04T04:32:12Z
7374617475733D756E707562
7375626A656374733D41:4131
7375626A656374733D41:4131:413134
7375626A656374733D45:4532
7375626A656374733D45:4532:453230
7375626A656374733D45:4533
7375626A656374733D45:4533:453339
7375626A656374733D4B:4B30
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/95084/
Fashion in Islamic Perspective
Pancarini, Ans Shinta
A1 - General Economics
A14 - Sociology of Economics
E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy
E20 - General
E3 - Prices, Business Fluctuations, and Cycles
E39 - Other
K0 - General
The need clothes that bring benefit serves as a cover nakedness, over the times fashion became an icon for Muslim identity as identity, nation and civilization. Islamhas instilled the values of philosophy as well as being bargading position for Muslims.
2018-10-27
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/95084/1/MPRA_paper_95084.pdf
Pancarini, Ans Shinta (2018): Fashion in Islamic Perspective.
en
oai:mpra.ub.uni-muenchen.de:98089
2020-01-13T03:49:28Z
7374617475733D756E707562
7375626A656374733D43:4333:433333
7375626A656374733D45:4533:453339
7375626A656374733D45:4534:453434
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/98089/
Macroeconomic Determinants of Housing Prices: A Cross Country Level Analysis
Tripathi, Sabyasachi
C33 - Panel Data Models ; Spatio-temporal Models
E39 - Other
E44 - Financial Markets and the Macroeconomy
The paper investigates the macroeconomic determinants of rising housing prices from a cross country perspective. The random-effect models’ analysis suggests that rent, price-to-income ratio, price-to-rent ratio, urbanization, per-capita GDP, inflation, the share of population aged 15-64, GDP growth rate, broad money, and real exchange rate have a positive and statistically significant effect on real house prices. In contrast, the percentage share of employment in services has a negative effect on real house prices. We suggest that government should adjust macroeconomic policies such as inflation, broad money supply, real exchange rate, urbanization, and employment dynamics to control the real house prices.
2019-11-19
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/98089/1/MPRA_paper_98089.pdf
Tripathi, Sabyasachi (2019): Macroeconomic Determinants of Housing Prices: A Cross Country Level Analysis.
en
oai:mpra.ub.uni-muenchen.de:104551
2020-12-16T08:02:53Z
7374617475733D707562
7375626A656374733D45:4533:453332
7375626A656374733D45:4533:453337
7375626A656374733D45:4533:453339
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/104551/
Oil Price Shocks and Macroeconomic Dynamics in an Oil-Exporting Emerging Economy: A New Keynesian DSGE Approach
Oladunni, Sunday
E32 - Business Fluctuations ; Cycles
E37 - Forecasting and Simulation: Models and Applications
E39 - Other
The global oil dynamics has significant implications for both oil exporting and importing small open economies. However, much of the literature on oil shocks is oriented towards advanced oil-importing economies. Micro-founded studies that explore the effects of oil shocks from the standpoint of oil-endowed emerging economies are rather sparse, compared to the preponderance of studies on developed oil importers and exporters. Thus, resulting to a consequential knowledge gap on oil price transmission mechanism and a limited appreciation of the growing policy dilemmas in these economies. In addition, we consider a positive oil price shock to uncover the extent to which oil price increase is positive for the economy. The paper, therefore, sets up a new Keynesian dynamic stochastic general equilibrium (DSGE) model to study how an oil price shock impact macroeconomic aggregates in an oil-rich emerging economy. The typical small open economy model is enriched with an export-oriented oil firm, a multi-sector foreign production and a non-oil domestic firm. The model is closed with exchange rate-augmented interest rate rule, and it is calibrated for Nigeria, an important oil producer. Macroeconomic responses, sequel to a simulated positive oil price shock, reveal evidence of Dutch disease and the operation of the Harrod-Balassa-Samuelson effect. We find a compelling need for oil-endowed emerging economies to address these phenomena by ensuring a robust non-oil sector with limited exposure to the vagaries of oil price oscillation.
2020-03-13
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/104551/1/MPRA_paper_104551.pdf
Oladunni, Sunday (2020): Oil Price Shocks and Macroeconomic Dynamics in an Oil-Exporting Emerging Economy: A New Keynesian DSGE Approach. Published in: CBN Journal of Applied Statistics , Vol. 11, No. 1 (9 July 2020): pp. 1-34.
en
oai:mpra.ub.uni-muenchen.de:105042
2020-12-31T12:10:16Z
7374617475733D707562
7375626A656374733D43:4332:433232
7375626A656374733D43:4335:433533
7375626A656374733D45:4532:453234
7375626A656374733D45:4533:453337
7375626A656374733D45:4533:453339
7375626A656374733D4A:4A36
7375626A656374733D4A:4A36:4A3634
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/105042/
Forecasting unemployment rate in the time of COVID-19 pandemic using Google trends data (case of Indonesia)
Fajar, Muhammad
Prasetyo, Octavia Rizky
Nonalisa, Septiarida
Wahyudi, Wahyudi
C22 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes
C53 - Forecasting and Prediction Methods ; Simulation Methods
E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity
E37 - Forecasting and Simulation: Models and Applications
E39 - Other
J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers
J64 - Unemployment: Models, Duration, Incidence, and Job Search
The outbreak of COVID-19 is having a significant impact on the contraction of Indonesia`s economy, which is accompanied by an increase in unemployment. This study aims to predict the unemployment rate during the COVID-19 pandemic by making use of Google Trends data query share for the keyword “phk” (work termination) and former series from official labor force survey conducted by Badan Pusat Statistik (Statistics Indonesia). The method used is ARIMAX. The results of this study show that the ARIMAX model has good forecasting capabilities. This is indicated by the MAPE value of 13.46%. The forecast results show that during the COVID-19 pandemic period (March to June 2020) the open unemployment rate is expected to increase, with a range of 5.46% to 5.70%. The results of forecasting the open unemployment rate using ARIMAX during the COVID-19 period produce forecast values are consistent and close to reality, as an implication of using the Google Trends index query as an exogenous variable can capture the current conditions of a phenomenon that is happening. This implies that the time series model which is built based on the causal relationship between variables reflects current phenomenon if the required data is available and real-time, not only past historical data.
2020-11-30
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/105042/3/MPRA_paper_105042.pdf
Fajar, Muhammad and Prasetyo, Octavia Rizky and Nonalisa, Septiarida and Wahyudi, Wahyudi (2020): Forecasting unemployment rate in the time of COVID-19 pandemic using Google trends data (case of Indonesia). Published in: International Journal of Scientific Research in Multidisciplinary Studies , Vol. 6, No. 11 (30 November 2020): pp. 29-33.
en
oai:mpra.ub.uni-muenchen.de:117483
2023-05-31T13:21:53Z
7374617475733D756E707562
7375626A656374733D45:4533:453332
7375626A656374733D45:4533:453339
7375626A656374733D46:4631:463135
7375626A656374733D46:4631:463139
74797065733D7061706572
https://mpra.ub.uni-muenchen.de/117483/
Synchronisation cyclique globale entre les économies subsahariennes et les économies avancées
Menounga, François Patrick
Manga Akoa, Armand
E32 - Business Fluctuations ; Cycles
E39 - Other
F15 - Economic Integration
F19 - Other
The intensification of international trade, reinforced by the interconnection of financial markets and the appearance of common economic shocks are the elements that contribute to explaining the co-movements of advanced and sub-Saharan economies. In this study, it is a question of measuring the global cyclical synchronization of the economies referred to above, over the period going from 1981.T1 to 2021.T1, from the concordance index of Harding and Pagan (2006). Overall, this analysis shows that the level of cyclical synchronization between the economies of sub-saharan and advanced countries is high enough to justify the strong economic dependence between these two groups of countries.
2023-05-30
MPRA Paper
NonPeerReviewed
application/pdf
en
https://mpra.ub.uni-muenchen.de/117483/1/article_synchronisation_cylcique.pdf
Menounga, François Patrick and Manga Akoa, Armand (2023): Synchronisation cyclique globale entre les économies subsahariennes et les économies avancées.
fr