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Government size and business cycle volatility; How important are credit constraints? pot

Government size and business cycle volatility; How important are credit constraints? pot

Government size and business cycle volatility; How important are credit constraints? pot

... Economics114 (4), 1399–1436.17 Government size and business cycle volatility; How important are credit constraints? Markus Leibrecht, Johann ScharlerWorking Papers in Economics and Statistics2012-04University ... of government size are nowmore pronounced regardless of the tightness of credit constraints. This result is not unexpected,since tax revenues are highly responsive to the business cycle and ... government size and the size of business cycle fluctuations. To investigate this issue, we estimateequation (1) separately for observations characterized by loose or tight credit constraints....
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THE NEXT 4 BILLION MARKET SIZE AND BUSINESS STRATEGY AT THE BASE OF THE PYRAMID ppt

THE NEXT 4 BILLION MARKET SIZE AND BUSINESS STRATEGY AT THE BASE OF THE PYRAMID ppt

... and 43% in both Africa and Latin America and the Caribbean. Informality is a trap for the assets and the growth potential of micro and small businesses and those who work in them.Another important ... food, ICT, and consumer products (in packaging goods and services in small unit sizes, or “sachets”) and in health care (such as cross-subsidies and community-based health insur-ance). And cutting ... incomes, expenditures, and access to services—it characterizes BOP markets regionally and nationally, in urban and rural areas, and by sector and income level. The results show striking patterns...
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Life Cycle Management - How business uses it to decrease footprint, create opportunities and make value chains more sustainable ppt

Life Cycle Management - How business uses it to decrease footprint, create opportunities and make value chains more sustainable ppt

... Life cycle management is about making life cycle thinking and product sustainability operational for businesses that are aiming for continuous improvement. These are businesses that are striving ... product life cycle. LCM is about making life cycle thinking and product sustainability operational for businesses that are aiming for continuous improvement. These are businesses that are striving ... enhanced business value. viiiPrinciples and criteria for products and strategies addressing life cycle issues are emerging as a viable contribution to be offered to business and consumers...
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Tài liệu FOREIGN BANK ENTRY AND BUSINESS VOLATILITY: EVIDENCE FROM U.S. STATES AND OTHER COUNTRIES docx

Tài liệu FOREIGN BANK ENTRY AND BUSINESS VOLATILITY: EVIDENCE FROM U.S. STATES AND OTHER COUNTRIES docx

... or Delaware; the lattertwo states are dropped because their banking systems are dominated by national credit card banks. Standard errors are in parentheses.b. The Hausman test compares the ... P., B. Rime, and P. E. Strahan, 2003, "Bank Integration and State Business Cycles." Working paper 9704. Cambridge, Mass.: National Bureau ofEconomic Research.Peek, J., and E. Rosengren. ... models in Aghion, Banerjee, and Picketty (1999) and Caballero and Krishnamurthy(2001) suggest that the severe credit constraints in emerging market countries may slow growth and increase volatility....
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Financial Intermediation and Credit Policy in Business Cycle Analysis∗ pot

Financial Intermediation and Credit Policy in Business Cycle Analysis∗ pot

... to interm ed iation are equal across island s. In particular, we sup posethat a fraction of banks on islands where expected returns are low can moveto islands where they are high. Before they ... emphasized how that special nature of government liabilities can giverise to a productive role for government financial intermediations. See, example, Sargent and Wallace (1983), Kiyotaki and ... potential costs include the potential for politicization of credit flows. W e ab-stract from this consideration, though we think it provides another important reason forwhy credit policies are...
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Banks’ regulatory capital buffer and the business cycle: evidence for German savings and cooperative banks pot

Banks’ regulatory capital buffer and the business cycle: evidence for German savings and cooperative banks pot

... data series, is dampened in business cycle upturns and boosted in business cycle downturns. Hence, the idea behind this specification is that the effect of business cycle fluctuations superimposes ... and wi,t are again assumed to consist of a bank-specific component and white noise, with the same assumptions as for Eq. (3). 2.2 Hypotheses Taking as the null hypothesis that business cycle ... decreases in a business cycle upturn and increases in a business cycle downturn. For cooperative banks with high capital buffers, the increase in capital buffers increases both in a business cycle upturn...
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REAL WAGES AND THE BUSINESS CYCLE: ACCOUNTING FOR WORKER AND FIRM HETEROGENEITY potx

REAL WAGES AND THE BUSINESS CYCLE: ACCOUNTING FOR WORKER AND FIRM HETEROGENEITY potx

... of individual i, in firm f at timet, cycle tis a cyclical indicator such as the aggregate unemployment rate,11t and t2 are a time trend and its square and xiftis a vector of time-varying ... Cushion and the Business Cycle Here we examine the extent to which contractual wages, on the one hand, and firm-specificwage arrangements, in the form of the wage cushion, on the other, are sensitive ... Wages and the Business Cycle: Accounting for Worker and Firm Heterogeneity1Anabela CarneiroUniversidade do Porto and CEF.UP2Paulo GuimarãesUniversity of South Carolina, CEF.UP2 and IZA...
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BUSINESS CYCLE ACCOUNTING BY V. V. CHARI, PATRICK J. KEHOE, AND ELLEN R. MCGRATTAN pdf

BUSINESS CYCLE ACCOUNTING BY V. V. CHARI, PATRICK J. KEHOE, AND ELLEN R. MCGRATTAN pdf

... both contemporaneously and for several leads and lags. (Note thatthe government consumption wedge is the sum of government consumption and net exports, and that net exports are negatively correlated ... investment wedge 1/[1 + τxt(st)], and the government consumption wedgegt(st) are simply functions of this random variable. Hence, when the state stis known, so are the wedges.To evaluate the ... yetlet,andxet,whichwecall the efficiency wedge components of output, labor, and investment. We com-pare these components to output, labor, and investment in the data. Othercomponents are computed...
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Describe wireless wide area networks (WWANs) and how they are used

Describe wireless wide area networks (WWANs) and how they are used

... (continued)2Objectives•Describe wireless wide area networks (WWANs) and how they are used•Describe the applications that can be used on a digital cellular telephone•Explain how cellular telephony functions•List ... CommunicationsWireless Wide Area Networks31Satellite Transmissions (continued)•Class and Type of Service–Satellites can provide two classes of service •Consumer class service–Shares the available bandwidth ... Telephony•Second Generation (2G)–Transmits data between 9.6 Kbps and 14.4 Kbps•In the 800 MHz and 1.9 GHz frequencies–2G networks are also circuit-switching–2G systems use digital transmissions–Digital...
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