剑桥大学出版社期刊
期刊
会议
图书
作者:Erwin Diewert , Chihiro Shimizu
来源:[J].Macroeconomic Dynamics, 2015, Vol.19 (8), pp.1659-1714Cambridge U Press
摘要:This paper uses hedonic regression techniques to decompose the price of a house into land and structure components using real estate sales data for Tokyo. To get sensible results, a nonlinear regression model using data that covered multiple time periods was used. Collinearity be...
作者:Jean-François Mertens , Anna Rubinchik
来源:[J].Macroeconomic Dynamics, 2015, Vol.19 (8), pp.1780-1799Cambridge U Press
摘要:The main result is that the golden rule equilibrium (GRE) is Pareto optimal (in the classical sense) in an overlapping generations (OG) model with constant-returns-to-scale production, transfers, arbitrary life-time productivity and homogeneous instantaneous felicity. In addition...
作者:Sergey Slobodyan , Anna Bogomolova , Dmitri Kolyuzhnov
来源:[J].Macroeconomic Dynamics, 2016, Vol.20 (3), pp.777-790Cambridge U Press
摘要:In this paper, we investigate real-time behavior of constant-gain stochastic gradient (SG) learning, using the Phelps model of monetary policy as a testing ground. We find that whereas the self-confirming equilibrium is stable under the mean dynamics in a very large region, real-...
作者:Christian Pierdzioch , Jan-Christoph Rülke , Peter Tillmann
来源:[J].Macroeconomic Dynamics, 2016, Vol.20 (3), pp.791-818Cambridge U Press
摘要:We revisit the sources of the bias in Federal Reserve forecasts and assess whether a precautionary motive can explain the forecast bias. In contrast to the existing literature, we use forecasts submitted by individual Federal Open Market Committee (FOMC) members to uncover member...

我们正在为您处理中,这可能需要一些时间,请稍等。

资源合作:cnki.scholar@cnki.net, +86-10-82896619   意见反馈:scholar@cnki.net

×