Predetermined variables

Predetermined variables are variables that were determined prior to the current period. In econometric models this implies that the current period…

Papers overview

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2018

2016

Between 1962 and 2013, China’s agricultural employment share declined from 82% to 31%. The transfer of workers out of low…

2014

2008

This paper analyses empirically the purchasing power parity, the uncovered interest parity and the real interest parity (Fisher…

2007

Better energy management will result in substantial savings in the operating costs of facilities especially in the case of large…

2003

Existing exogeneity conditions of literature are only sufficient and imply 'overly strong' constraints on long-run parameters…

1999

In this paper we study the determinacy of price level, nominal and real interest rate and income, in an economy with productive…

1997

In this paper, I study the existence of Sunspot Equilibria in a general framework whose dynamics allow for the presence of…

1997

1996

The superexogeneity of wage equations is tested in four major European countries. This is an important issue because while only…