Listar Documentos de trabajo - Lan gaiak por tema "Business cycles"
Mostrando ítems 1-4 de 4
-
Data revisions in the estimation of DSGE models
Casares Polo, Miguel
; Vázquez, Jesús (2011)
Documento de trabajo / Lan gaiak 
Revisions of US macroeconomic data are not white-noise. They are persistent, correlated with real-time data, and with high variability (around 80% of volatility observed in US real-time data). Their business cycle effects ... -
An estimated new-Keynesian model with unemployment as excess supply of labor
Casares Polo, Miguel ; Moreno, Antonio ; Vázquez, Jesús (2010)
Documento de trabajo / Lan gaiak
As one alternative to search frictions, wage stickiness is introduced in a New-Keynesian model to generate endogenous unemployment fluctuations due to mismatches between labor supply and labor demand. The effects on an ... -
A portfolio-choice model to analyze the recent gross capital flows between Canada and the US
Casares Polo, Miguel ; Villar Olano, Alba del (2019)
Documento de trabajo / Lan gaiak
We calibrate a two-country New Keynesian model with endogenous portfolio choice and valuation effects to discuss the determinants of the increase in Canadian Net Foreign Assets with the US observed after 2012. Furthermore, ... -
The term structure as a predictor of real economic growth: a general equilibrium approach
Domínguez Irastorza, Emilio José ; Novales, Alfonso (1997)
Documento de trabajo / Lan gaiak
Consistent empirical evidence has recently been brought up about the forecasting ability of the term estructure of nominal interes rates, relative to future economic activity. However, there has not been chch work that ...
