There has recently been considerable interest in the potential adverse effects associated with
excessive uncertainty in energy futures markets. Theoretical models of investment under uncertainty
predict that increased ...
Sims' innovation-accounting techniques are used to investigate the relationship between housing starts and mortgage availability using U.S. monthly data over 1967-1984. First, a four variable vector autoregression is ...
Ó Murchú, Alvin(University College Dublin. School of Economics, 2002-12)
The effect of changes in payroll taxes on wages is a question of tax incidence. If workers can shift the burden of taxation onto employers, in the form of higher wages, we may expect increases in unemployment. This paper ...
We examine the impact and possible pillovers effects of unanticipated monetary policy on international bond returns. First, we decompose international bond returns into news regarding future returns, real interest rates ...
Cripwell, Peter; Edelman, David(University College Dublin. School of Business. Centre for Financial Markets, 2008-04-02)
In this paper new results are documented regarding the short term evolution of global short term interest rates. Much work has been carried out concerning the evolution of interest rates over long time scales, on the order ...
The standard derivation of the accelerationist Phillips curve relates expected real wage inflation to the unemployment rate and invokes a constant price markup and adaptive expectations to generate the accelerationist price ...
Bergin, James(Northwestern University. Center for Mathematical Studies in Economics and Management Science, 1986-04)
For two-sided informatin infinitely repeated incomplete information games it is shown that any vector payoff can be sustained as a sequential equilibrium vector payoff if and only if there is a markov chain (with a state ...
Herein a two stage Kalman filter based algorithm is proposed for processing of Inertial Measurement Unit (IMU) data to obtain accurate position estimation over a short period of time. The proposed algorithm uses a novel ...
MANOVA and Roy-Bose simultaneous confidence intervals when combined with distribution matrices of ordered differences and ordered difference component vectors define the he Roy Bose simultaneous confidence interval approach ...
Since Friedman (1968), the traditional derivation of the accelerationist Phillips curve has related expected real wage inflation to the unemployment rate and then invoked markup pricing and adaptive expectations to generate ...