C52 - Model Evaluation, Validation, and Selection - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T20:18:30+00:00Intertemporal Substitution in Macroeconomics: Evidence from a Two-Dimensional Labour Supply Model with Money
https://www.bankofcanada.ca/2005/10/working-paper-2005-30/
The hypothesis of intertemporal substitution in labour supply has a history of empirical failure when confronted with aggregate time-series data.2005-10-01T12:45:37+00:00enIntertemporal Substitution in Macroeconomics: Evidence from a Two-Dimensional Labour Supply Model with Money2005-10-01Business fluctuations and cyclesEconometric and statistical methodsLabour marketsWorking Paper 2005-30 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp05-30.pdfIntertemporal Substitution in Macroeconomics: Evidence from a Two-Dimensional Labour Supply Model with MoneyAli DibLouis PhaneufOctober 2005CC5C52EE2E24E3E32JJ2J22Inflation Dynamics and the New Keynesian Phillips Curve: An Identification-Robust Econometric Analysis
https://www.bankofcanada.ca/2005/10/working-paper-2005-27/
The authors use identification-robust methods to assess the empirical adequacy of a New Keynesian Phillips curve (NKPC) equation.2005-10-01T11:18:22+00:00enInflation Dynamics and the New Keynesian Phillips Curve: An Identification-Robust Econometric Analysis2005-10-01Econometric and statistical methodsInflation and pricesWorking Paper 2005-27 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp05-27.pdfInflation Dynamics and the New Keynesian Phillips Curve: An Identification-Robust Econometric AnalysisJean-Marie DufourLynda KhalafMaral KichianOctober 2005CC1C13C5C52EE3E31Learning-by-Doing or Habit Formation?
https://www.bankofcanada.ca/2005/05/working-paper-2005-15/
In a recent paper, Chang, Gomes, and Schorfheide (2002) extend the standard real business cycle (RBC) model to allow for a learning-by-doing (LBD) mechanism whereby current labour supply affects future productivity.2005-05-01T13:44:38+00:00enLearning-by-Doing or Habit Formation?2005-05-01Business fluctuations and cyclesEconometric and statistical methodsEconomic modelsLabour marketsWorking Paper 2005-15 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp05-15.pdfLearning-by-Doing or Habit Formation?Hafedh BouakezTakashi KanoMay 2005CC5C52EE3E32JJ2J22