Standard stochastic growth models provide theoretical restrictions on output decomposition which can be used to investigate whether productivity shocks played a major role in observed business cycles. Applying these restrictions to US data leads to the following findings: business cycles implied by productivity shocks are mildly correlated to overall fluctuations ...Download Now
The authors study the relationship between the change in the cyclically-adjusted primary balance (an indicator of discretionary fiscal policy) and the change in the output gap (an indicator of cyclical conditions). They use panel data for the euro area and data for 20 individual OECD countries, for the period 1970-2008. ...Download Now
The study presented in this paper has multiple objectives. The first objective is to automate the information filtering process by taking into account the relative importance of information and resources needed for its treatment. The second one is to demonstrate the applicability and contribution of an agents based implementation to ...Download Now
Different communities of software agents may address different predefined concerns; some of these concerns may also be the result of combining two or more sub-concerns. In the research, the authors look at a concern as the abstract concept a community of agents is continually supporting as long as certain objectives ...Download Now
Submit Your Content
Get your content listed in our directory for free!
Our directory is the largest library of vendor-supplied technical content on the web. It's also the first place IT decision makers turn to when researching technology solutions. Our members are already finding your competitors' papers here - shouldn't they find yours too?