The cyclical properties of consumption growth and the real terms structure

Article Abstract:

Consumption growth and real yields are strongly correlated with cyclical component of the natural logarithm of output, as revealed in an analysis on economic real terms structure between the 1952-1991 period. Results also suggest that real yields are insignificantly related with consumption growth, particularly during the late 1970s and early 1980s. Such a correlation is contradictory with the results gathered during the 1990s, when positive contemporaneous correlation between the two increased by 0.46 to 0.71.

Consumption (Economics)

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The aggregate effects of sectoral reallocations

Article Abstract:

US labor market data is used to assess the impact of sectoral composition on the economy as a whole.

United States, Economic aspects, Labor market, Macroeconomics

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An equilibrium analysis of relative price changes and aggregate inflation

Article Abstract:

Aggregate inflation and relative changes in prices are examined in terms of equilibrium analysis.

Measurement, Inflation (Finance), Equilibrium (Economics)

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