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1. |
An econometric model of U.K. manufacturing employment using survey data on expected output |
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Journal of Applied Econometrics,
Volume 1,
Issue 4,
1986,
Page 297-316
Simon Wren‐Lewis,
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摘要:
AbstractA model of U.K. manufacturing employment is estimated in which output expectations data are derived from Confederation of British Industry (CBI) survey information. The output expectations terms are highly significant, and equations including them encompass more traditional models that use current and lagged output. In addition, the equations also successfully predict the sharp falls in manufacturing employment that occurred after 1979. One interesting implication of these equations is that the decline in ‘cyclically adjusted’ productivity around 1975, and the subsequent improvement around 1980, can be largely explained in terms of a prolonged period of over‐optimistic output expectations by U.K.
ISSN:0883-7252
DOI:10.1002/jae.3950010402
出版商:Wiley Subscription Services, Inc., A Wiley Company
年代:1986
数据来源: WILEY
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2. |
An adjustment procedure for predicting systematic risk |
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Journal of Applied Econometrics,
Volume 1,
Issue 4,
1986,
Page 317-332
Anil K. Bera,
Srinivasan Kannan,
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摘要:
AbstractThis paper looks at the currently available beta adjustment techniques and suggests a multiple root‐linear model to adjust for the regression tendency of betas. Our empirical investigate on indicates that cross‐sectional betas are not normally distributed, but their distribution tends to normal after a square‐root transformation. The evidence from the Box‐Cox regression model and the multivariate normality observed among betas after the transformation, make the functional form of our model correct. Also, we observe that the disturbance term of the multiple root‐linear model is well behaved. These findings make the ordinary least squares estimates unbiased and efficient. Finally, the mean square and extreme errors are found to be lower when our adjustment procedure is usedvis‐à‐visthe exist
ISSN:0883-7252
DOI:10.1002/jae.3950010403
出版商:Wiley Subscription Services, Inc., A Wiley Company
年代:1986
数据来源: WILEY
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3. |
A flexible dynamic model of multiproduct technology for the West German economy |
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Journal of Applied Econometrics,
Volume 1,
Issue 4,
1986,
Page 333-344
Shinichiro Nakamura,
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摘要:
AbstractThis paper tests symmetry and negativity of the Slutsky matrix for a system of demand functions derived from an aggregate model of multi product technology within a flexible dynamic framework. The model considers three inputs and three outputs, including imports and exports of intermediate goods. We derive a static demand model from a trans log cost function and specify the data generation process by a stationary ARX (1, 1) model. Results based on West German quarterly data indicate that the integrability conditions are not rejected when imposed on the ARX (1, 1) model, whereas they are rejected for all the less general dynamic models considered.
ISSN:0883-7252
DOI:10.1002/jae.3950010404
出版商:Wiley Subscription Services, Inc., A Wiley Company
年代:1986
数据来源: WILEY
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4. |
Differential mortality in Rural Bangladesh |
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Journal of Applied Econometrics,
Volume 1,
Issue 4,
1986,
Page 345-353
James McIntosh,
Stephen Satchell,
Anjum Nasim,
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摘要:
AbstractDiscrete regression methods are used to analyse sample survey data from two villages in two different regions of Bangladesh. No significant mortality differentials by socio‐economic class are foun
ISSN:0883-7252
DOI:10.1002/jae.3950010405
出版商:Wiley Subscription Services, Inc., A Wiley Company
年代:1986
数据来源: WILEY
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5. |
Monetary anticipation and the demand for money in the U.K.: Testing rationality in the Shock‐Absorber hypothesis |
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Journal of Applied Econometrics,
Volume 1,
Issue 4,
1986,
Page 355-365
Keith Cuthbertson,
Mark P. Taylor,
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摘要:
AbstractThe Carr‐Darby shock‐absorber hypothesis that unanticipated changes in the money supply cause changes in real balances but anticipated changes have a unit impact on the price level (and therefore leave real balances unchanged) is tested using two‐step and joint estimation techniques. For the U.K., two‐step methods appear to support the shock‐absorber hypothesis, but the superior joint estimation technique decisively rejects the hypothesis, particularly the implicit rational expectations cross‐equation r
ISSN:0883-7252
DOI:10.1002/jae.3950010406
出版商:Wiley Subscription Services, Inc., A Wiley Company
年代:1986
数据来源: WILEY
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6. |
Calender of Events |
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Journal of Applied Econometrics,
Volume 1,
Issue 4,
1986,
Page 366-367
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ISSN:0883-7252
DOI:10.1002/jae.3950010407
出版商:Wiley Subscription Services, Inc., A Wiley Company
年代:1986
数据来源: WILEY
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7. |
Call for Papers |
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Journal of Applied Econometrics,
Volume 1,
Issue 4,
1986,
Page 368-368
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ISSN:0883-7252
DOI:10.1002/jae.3950010408
出版商:Wiley Subscription Services, Inc., A Wiley Company
年代:1986
数据来源: WILEY
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8. |
Masthead |
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Journal of Applied Econometrics,
Volume 1,
Issue 4,
1986,
Page -
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PDF (99KB)
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ISSN:0883-7252
DOI:10.1002/jae.3950010401
出版商:Wiley Subscription Services, Inc., A Wiley Company
年代:1986
数据来源: WILEY
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