Search results

In [[economics]], '''valuation effects''' of a country are the changes in the value of assets held abroad, minus t ...ation effects. Changes in the NFA equal the current account plus valuation effects. ...

...Experience, and Earnings''"] in ''Jacob Mincer: A Pioneer of Modern Labor Economics'', Shoshanna Grossbard, ed., Springer: New York. pp. 127–145.</ref><ref>{{c ...ta_{1}</math>, <math>\beta_{2}</math> can be interpreted as the [[Returns (economics)|returns]] to schooling and experience, respectively. ...

...(rather than [[random effects]]) assumptions, in the following unobserved effects model ...</sub>'' given ''x_it'' is unspecified, as is standard in fixed effects models. Combining these equations then gives rise to the following model.<r ...

...6267100005113 }}</ref> Two of the main areas in economics where hysteresis effects are invoked to explain economic phenomena are [[unemployment]] and internat For instance, in labor economics hysteresis refers to the possibility that periods of high [[unemployment]] ...

...(resulting in ratio below 1.0) or amplify them (ratio above 1.0).{{sfn|RBB Economics|2014|p=1}} ...[Competition (economics)|competition]] or evaluating [[merger]]s.{{sfn|RBB Economics|2014|p=9}} In the studies of [[inflation]], an opposite direction '''pass-t ...

.... “Determining the Competitive Effects of Vertical Integration in Mergers” Economics Committee Newsletter</ref>   ...second markup.<ref>Morgan, John. (2003)."Double Marginalization" Berkeley Economics - University of California</ref> ...

In [[economics]], the concept of '''net foreign assets''' relates to [[balance of payments ...on. The appreciation of asset prices, referred to as "positive [[valuation effects]]" in this case exactly offsets the current account deficit. At the end of ...

...y been proposed in an article that appeared in the ''[[Journal of Monetary Economics]]'' in 1988,<ref name=KPR1998>{{cite journal |journal=Journal of Monetary Economics ...

...s it is faced with, such as the [[wage rate]], the unit cost of [[Capital (economics)|capital]], the market-determined selling price of its output, etc. The fun ...duce less output). The rental rate of capital, ''r'', has two conflicting effects: more expensive capital induces the firm to substitute away from physical c ...

...d Random Coefficient Model. Mimeo, Michigan State University Department of Economics.</ref> ...ve Econometric Estimators to Evaluate Social Programs, and to Forecast the Effects in New Environments. Handbook of Econometrics, Vol 6, ed. by J. J. Heckman ...

...mics]], '''divine coincidence''' refers to the property of [[New Keynesian economics|New Keynesian models]] that there is no trade-off between the stabilization ...sionary monetary policy, which thereby further increases output. These two effects balance in many standard macroeconomic models, i.e. if the price level rema ...

{{Short description|Model for self-selection in economics}} The '''Roy model''' is one of the earliest works in economics on [[Self-selection bias|self-selection]] due to [[A. D. Roy]]. The basic m ...

...nal Basketball Association: Economic Value and Policy." ''Journal of Labor Economics'' (15), pp. 586–624</ref> ...a natural way, just like [[heteroskedasticity]] adjustments and [[partial effects]] calculations.<ref>Wooldridge, J. (2002): ''Econometric Analysis of Cross ...

== Mechanical, behavioral and welfare effects == ...marginal effects of a tax change into mechanical, behavioural and welfare effects, as follows:<ref name="Saez 2001 105–229" /> ...

'''Inflationism''' is a [[heterodox economics|heterodox]] [[economic policy|economic]], [[fiscal policy|fiscal]], or [[mo ...cularly within [[Keynesian economics]], as well as [[Monetarism|Monetarist economics]] and in the theory of [[debt deflation]]. ...

...l uses the [[Euler method|Euler numerical method]] to model [[Consumption (economics)|consumption]]. He created his consumption theory in response to the [[Luca Robert Hall was the first to derive the effects of rational expectations for consumption. His theory states that if Milton ...

...c Liberalization Episodes: A Synthetic Control Approach |journal=Review of Economics and Statistics |volume=95 |issue=3 |pages=983–1001 |doi=10.1162/REST_a_0032 ...e/article/pii/S0144818822000503 |journal=[[International Review of Law and Economics]] |volume=72 |issue= |pages=106094 |doi=10.1016/j.irle.2022.106094 |s2cid=2 ...

{{Economics sidebar}} ...ry to make a [[representative agent|representative consumer]] [[Preference#Economics|indifferent]] between a smooth, non-fluctuating, consumption trend and one ...

..."Staggered Prices in a Utility-Maximizing Framework". Journal of Monetary Economics 12 (3): 383–398. doi:10.1016/0304-3932(83)90060-0</ref> The original artic ...responded and remained fixed. This contrasts with the [[Taylor Contracts (economics)|Taylor model]], where there is a fixed length for contracts - for example ...

# The relative effects of <math>x_h</math> and <math>x_j</math> on <math>P[y>0]</math> and <math>\ ...o Modeling Corner Solutions in Recreation Demand”,Journal of Environmental Economics and Management, Volume 37, Issue 1, Pages 85-105, ISSN 0095-0696.</ref> The ...