Credit market frictions and their direct effects on U.S. manufacturing fluctuations

Article Abstract:

The effect of informational frictions in the credit markets of the U.S. manufacturing fluctuations are determined and a strategy is proposed to identify the intermediation costs related to informational asymmetries between lenders and borrowers. The analysis suggests that these costs have been steadily falling over the post-war period.

United States, Forecasts, trends, outlooks, Financial management, Analysis, Manufacturing industry, Manufacturing industries, Finance, Forecasts and trends, Market trend/market analysis, Credit market, Credit markets, Company financing

---

Rent-seeking bureaucracies and oversight in a simple growth model

Article Abstract:

The extent of bureaucratic oversight of government agencies is affected by the cost of that oversight. Additionally, bureaucracies succeed in requested high budgets when available technology is poor. However, the opposite effect is noted in cases where bureaucracies deal with business, and where fiscal policy mitigates.

Legislative Bodies, Budget, Developing Countries, Statistical Data Included, Models, Political aspects, Bureaucracy, Government spending policy, Administrative agencies, Government agencies

---

Dynamic employment and hours effects of government spending shocks

Article Abstract:

Dynamic employment behavior in a stochastic general equilibrium model is studied.

Usage, Employment, Stochastic analysis

Similar abstracts:

• Abstracts: Shrinkage estimators of time series seasonal factors and their effect on forecasting accuracy. Shrinkage: when and how?
• Abstracts: Labour market reform and the macroeconomic efficiency of the labour market in Australia. A note on the evolution of inequality in Poland, 1992-99
• Abstracts: Partnerships, corporations, and the Theory of the Firm. Competition, risk, and managerial incentives. Accounting in partnerships
• Abstracts: Self-selection and wages during volatile transition. Chinese competition and its effects on Mexican maquiladoras
• Abstracts: Exploring the income distribution business cycle dynamics. Minimum consumption and transitional dynamics in wealth distribution

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.