Firm and industry output when product demand is uncertain
Article Abstract:
The impact of changes in the degree of product market uncertainty on the aggregate output of an industry under conditions of free entry and exit are examined. The model indicates that the aggregate output response of the entire industry is more important than the single-firm equilibrium level. The study concludes that the industry's response is closely linked with the firms' attitudes to risk. The relationship in this case is more defined than in models involving single-firm partial equilibrium levels.
Publication Name: Bulletin of Economic Research
Subject: Economics
ISSN: 0307-3378
Year: 1993
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Money Demand in an EU Accession Country: A VECM Study of Croatia
Article Abstract:
A vector equilibrium correction model is applied to monthly data from Croatia between 1994 and 2002 for estimating money demand. Findings may be used for inflation rate forecasting.
Publication Name: Bulletin of Economic Research
Subject: Economics
ISSN: 0307-3378
Year: 2006
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An Evaluation of Alternative Methods of Forecasting Australian Inflation
Article Abstract:
Techniques to forecast inflation rates are examined. Techniques include the univariate time series model, the interest rate model, and the error correction model.
Publication Name: Australian Economic Review
Subject: Economics
ISSN: 0004-9018
Year: 1999
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