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Our paper provides first steps to understand trends in volatility in the Japanese economy from a long-term perspective. The paper is organized as follows. Section 2 explains the dataset and …
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provide potential sources of domestic aggregate disturbances. In the case of East Asian and Southeast Asian countries, attention has been given to influences and relative dominance of their two major trading partners, the United States and Japan. The focuses of existing studies range from evaluating interest rate linkages to real output dynamic
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Aggregate output is a focal point of macroeconomics. In the empirical literature, a number of variables are used as a proxy for aggregate output. In this paper, we compare the temporal behavior of four monthly measures of aggregate output: namely ... California EIJI FUJII Otaru University of Commerce Otaru, Hokkaido, Japan Which Measure of ...
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Aggregate supply, also known as total output, is the cumulative supply of goods and services produced within an economy during a specific time frame and at a given overall price level.This concept is represented by the aggregate supply curve, which depicts the relationship between price levels and the quantity of output that businesses are willing to provide.
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Introduction Output volatility at the aggregate level has declined significantly in most advanced economies (see, e.g., McConnell and Perez-Quiros, 2000; Blanchard and Simon, 2001; and Stock and Watson, 2002). Japan is no exception, having also experienced a dramatic decline of output volatility at the aggregate level, in what has been called ...
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Suppose that Japanese aggregate output is still below potential by 2015. Suppose that the Japanese central bank decides to admittedly target higher employment rates, adding that inflation is not an issue given that it has been low and stable for years. a. Would you expect a tight or a loose monetary policy? b.
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Output volatility at the aggregate level has declined significantly in most advanced economies (see e.g. Kim and Nelson, 1999; McConnell and Perez-Quiros, 2000; Blan-chard and Simon, 2001; Stock and Watson, 2002). Japan is no exception, having also experienced a dramatic decline of output volatility at the aggregate level, in what has
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Employment and output data disaggregated at a broadly defined one-digit sectoral level are used to examine trends in the relative importance of different sectors in the aggregate …
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Aggregate Output: Meaning, Determinants, Effects on … Aggregate output is the total value of goods and services produced in the economy during a certain period, usually one year. Economists typically use the gross domestic product (GDP) as its measure.
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An aggregate demand - aggregate supply framework is used to analyze the effects of Japanese monetary policy, 1973:1-1990:8. It is found that money supply shocks contribute …
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Data envelopment analysis model and disaggregate output efficiency measures are used to evaluate the operational efficiencies of 31 Asian airlines from 2015 to 2019.
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In Canada in 2009 aggregate output declined by 2.9 percent, employment declined by 1.6 percent and the unemployment rate rose from 6.1 percent in 2008 to 8.3 percent by 2010. The world's economies have been slow to recover, …
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measures of aggregate output for the US, Japan and Malaysia. To form the ectoral systems, we partition aggregate production ofs Malaysia into the sector under consideration and the aggregate production of the remaining sectors. Thus, in the sectoral cases, X is a 4 × 1 vector consisting of US output, Japanese output, Malaysian
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This paper challenges this view by quantifying the size of the micro-originated aggregate fluctuations. Our analysis relies on firm-level input-output data for Japan and non-asymptotic probabilistic results, which characterize the variance, tail probability, and distribution shape of aggregate output induced by microeconomic shocks.
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A Keynesian cross diagram is a graph with aggregate demand (Y ad) on the vertical axis and aggregate output (Y) on the horizontal. It consists of a 45-degree line where Y = Y ad and a Y ad curve, which plots C + I + G + NX …
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Question: 3. Suppose that the Japaneses aggregate output is still below potential. Suppose that the Japanese Central Bank decides to admittedly target higher employment rates, adding that inflation is not an issue given that it has been low and stable for years.a) Would you expect a tight or a loose monetary policy?b) Analyse using IS-LM diagram
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Which of the following statements best describes the impact of a decrease in Japanese income on aggregate demand in the United States? Aggregate demand will decrease because the …
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Base case estimates indicate that complete equalization would have increased aggregate output by about 8 percent in 1954 but reduced it by 14 percent in 1963, in Japan, and reduced aggregate output by about 25 percent in the U.S. in 1972. Sensitivity analyses show that these results are not affected much by small changes in the parameters.
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Examples of AGGREGATE OUTPUT in a sentence, how to use it. 18 examples: The approach employs a supply-side description of changes in aggregate output. - Liberalization…
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This also implies that the output drop was amplified by the coincidence of negative AS and AD shocks.26 The Bank of Japan Research and Statistics Department [2000] has documented the large decline in aggregate demand during the recession of the 12th cycle as "the economy …. underwent an unprecedented deterioration towards 1998 as both ...
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Japanese and American data are used to recover estlmdtes of regional production functions that Include government capital as an input Estimated parameters are used to simulate allocatlons of government capital which would have resulted m equal per. ... Public capital and regional output:: Another look at some Japanese and American data.
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Study with Quizlet and memorize flashcards containing terms like Which of the following statements is the most appropriate description of gross domestic product? a. the total income earned by all s, firms, and the government whose value can be verified. b. the total amount spent on all final goods and services produced within the economy over a given …
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Thus, any reduction in spending can lead to a proportionately larger reduction in aggregate output compared to equal tax cuts. In this case, government spending has a multiplier of 2, which means a $300 billion reduction results in a $600 billion decrease in aggregate output, overshadowing the positive impact of the tax reduction.
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How much is a tee in the park? A period during which aggregate output rises is known as a(n) Expansion 2. The GDP deflator in year 2 is 95 using year 1 as a base year. This means that, on average, the price of goods and services is 5% higher in year 1 than in year 3. Between a peak and a trough, the economy goes through a(n) recession of 4.
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French Translation of "AGGREGATE OUTPUT" | The official Collins English-French Dictionary online. Over 100,000 French translations of English words and phrases.
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Understanding aggregate output. Aggregate output serves as a critical metric in economics, quantifying the total market value of all final goods and services produced within an economy during a specific timeframe, …
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An analysis of us and Japanese effects on Malaysian aggregate and sectoral output: Authors: Mansor H. Ibrahim: Conference Name: Seminar Kebangsaan Fakulti Ekonomi dan Perniagaan: Conference Date: 2004: Conference Location: Port Dickson: Call …
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Examples of aggregate output in a sentence, how to use it. 18 examples: The approach employs a supply-side description of changes in aggregate output. - Liberalization…
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Downloadable! The paper analyzes the relative influences of US, Japanese and domestic disturbances on domestic fluctuations for the case of Malaysia. Utilizing VAR framework and quarterly data from 1978 to 1999, we focus on their influences on aggregate fluctuations as well as on sectoral cycles. Our results suggest that aggregate and sectoral output fluctuations …
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Translations in context of "the aggregate output" in English-Japanese from Reverso Context: Regarding employee income, the labor share in the aggregate output has been on a declining trend in recent years, being below the long-term average, …
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