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Macroeconomic Dynamics Near the ZLB:A Tale of Two Countries
DSGE Models Government Spending Multiplier Japan Multiple Equilibria Nonlinear Filtering Nonlinear Solution Methods Sunspots
2015/9/18
We propose and solve a small-scale New-Keynesian model with Markov sunspotshocks that move the economy between a targeted-inflation regime and a deflationregime and fit it to data from the U.S. and Ja...
Synchronized Wage Determination and Macroeconomic Performance in Seven Large Countries
Macroeconomic Performance Seven Large Countries
2015/8/4
Synchronized Wage Determination and Macroeconomic Performance in Seven Large Countries.
The Determinants of Developing Countries' Access to the International Capital Market
developing countries international capital market credit-worthiness
2011/9/12
Presents a study that investigated factors that influence the access of developing countries to the international capital market. Analysis of the flow of funds between creditors and debtors; Backgroun...
Venture Capital Availability and Labor Market Performance in Industrial Countries: Evidence Based on Survey Data
employment rates venture capital business executives
2011/9/11
This paper finds that more readily available venture capital is likely to have lowered unemployment rates and raised employment rates in industrial countries over the period 1982 to 2003. More readily...
Role of Remittances in Economic Growth in Pacific Island Countries: A Study of Samoa
economic growth fi nancial sector development remittances FINANCIAL SECTOR DEVELOPMENT
2011/9/11
Remittances have been a great support to Pacific island countries (PICs). Aside from providing additions to domestic savings and, hence, real resources, they have been one of the major sources of fore...