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Business cycle accounting for the Japanese economy using the parameterized expectations algorithm
http://hdl.handle.net/10112/11045
http://hdl.handle.net/10112/11045ceb797c7-6a01-4b4f-be4a-c9e26a5da0e0
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
KU-1100-20170300-01.pdf (161.6 kB)
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| Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2017-05-01 | |||||
| タイトル | ||||||
| タイトル | Business cycle accounting for the Japanese economy using the parameterized expectations algorithm | |||||
| 言語 | en | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||
| 資源タイプ | departmental bulletin paper | |||||
| 著者 |
稲葉, 大
× 稲葉, 大 |
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| 概要 | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | We propose an application of the parameterized expectations algorithm (PEA) to business cycle accounting (BCA). The PEA has an advantage in that it is simple and easier to understand and implement than other non-linear solution methods for a dynamic stochastic general equilibrium model. Moreover, we apply BCA to the Japanese economy using the PEA, which relaxes the perfect foresight assumption and yields a result similar to the main finding of deterministic BCA by Kobayashi and Inaba (2006). The effects of the investment wedge are not a significant cause of the persistent recession during the 1990s. The output derived from the efficiency wedge roughly replicates actual output, while the discrepancy widened during the 1990s. The labor wedge had a significant depressing effect on output during 1989-2005. The efficiency wedge explains the recent economic recovery. | |||||
| 書誌情報 |
Kansai University review of economics 巻 19, p. 1-7, 発行日 2017-03 |
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| ISSN | ||||||
| 収録物識別子タイプ | PISSN | |||||
| 収録物識別子 | 13448463 | |||||
| 書誌レコードID | ||||||
| 収録物識別子タイプ | NCID | |||||
| 収録物識別子 | AA1166240X | |||||
| 著者版フラグ | ||||||
| 出版タイプ | VoR | |||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
| 出版者 | ||||||
| 出版者 | Faculty of Economics, Kansai University | |||||
| 出版者（他言語） | ||||||
| 値 | 関西大学経済学部 | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Business cycle accounting | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | parameterized expectation algorithm | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | 関西大学 | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Kansai University | |||||
