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Standard dynamic small open economy models have predicted a counterfactual perfectly positive correlation between output and hours worked over the business cycle. In addition, this class of models ...
In a criminal attempt to falsify Medicine, the Electromagnetic Fiedls Project of the World Health Organisation has created an infamous argument in the sense that because the ultra-structuaral ...
This paper completely characterizes the welfare effects of cost reductions and technological spill-overs in a general Cournot model. It shows that a cost reduction by an individual firm (a
One objective of developing countries' trade policy often is to increase the share and value of processed commodities in total exports. Such a shift in trade structure is viewed as a ...
Which provides a better estimate of the "true" state of the U. S. economy, gross domestic product (GDP) or gross domestic income (GDI) ? Past work has assumed the difference between each estimate and ...
A business should have a positive influence on its immediate surroundings and the people that live in the community by creating jobs and playing a significant role in the economical and social ...
This paper studies the long-run relationship between consumption, asset wealth and income —the consumption-wealth ratio—in Germany, based on data from 1980 to 2003. Earlier papers for the ...
Modern medical science has missed a most important etiologic factor in neurological diseases: electromagnetic radiation. While this was a subject commonly studied in the former Soviet Union, medical ...
You will hear many stories about the side effects of chemotherapy from well meaning (though often ill informed) people. There are numerous chemotherapy drugs, used in different regimens for different ...
This paper proposes an econometric model of the joint dynamic relationship between the yield curve and the economy to predict business cycles. We examine the predictive value of the yield curve to ...
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