منابع مشابه
response articles: micro and macro analysis
the present study reports an analysis of response articles in four different disciplines in the social sciences, i.e., linguistics, english for specific purposes (esp), accounting, and psychology. the study has three phases: micro analysis, macro analysis, and e-mail interview. the results of the micro analysis indicate that a three-level linguistic pattern is used by the writers in order to cr...
15 صفحه اولUncertainty, Volatility, and Growth Rate
This paper examines two related models, which permit analytical investigation, to gain some insights into a relationship between endogenous growth and business cycle. Using two simple models which incorporate Fisher Black’s idea that a significant part of business cycle fluctuations is a consequence of an economy’s choice, we obtained a negative relationship between uncertainty and growth. Henc...
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Focusing on U.S. data, we show the existence of a significant positive link between uncertainty and reallocation from private to government capital. This link is important because an increase in the aggregate share of government capital forecasts lower medium-term growth. We rationalize these novel empirical findings in a production economy in which the representative agent has an explicit fear...
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We introduce learning in a Brock-Mirman environment and study the effect of risk generated by the planner’s econometric activity on optimal consumption and investment. Here, learning introduces two sources of risk about future payoffs: structural uncertainty and uncertainty from the anticipation of learning. The latter renders control and learning nonseparable. We present two sets of results in...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2002
ISSN: 1556-5068
DOI: 10.2139/ssrn.296850