 | Reading the Stars Author/Editor: Peter D Williams, Yasser Abdih, Emanuel Kopp. Release Date:July, 2020 Following the global financial crisis, significant uncertainty has existed around the U.S. economy’s steady state equilibrium. This paper uses a factor model to provide a new approach to estimating more...
| Price: $18.00
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| Understanding Euro Area Inflation Dynamics: Why So Low for So Long? Author/Editor: Yasser Abdih, Li Lin, Anne-Charlotte Paret. Release Date:August, 2018 Despite closing output gaps and tightening labor markets, inflation has remained low in the euro area. Based on an augmented Phillips Curve framework, we find that this phenomenon—sometimes more...
| Price: $18.00
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| Understanding U.S. Wage Dynamics Author/Editor: Yasser Abdih, Stephan Danninger. Release Date:June, 2018 In this paper, we undertake empirical analysis to understand U.S. wage behavior since the beginning of the new millennium. At the macroeconomic level, we find that a productivity-augmented Phillips more...
| Price: $18.00
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| What Explains the Decline of the U.S. Labor Share of Income? An Analysis of State and Industry Level Data Author/Editor: Yasser Abdih, Stephan Danninger. Release Date:July, 2017 The U.S. labor share of income has been on a secular downward trajectory since the
beginning of the new millennium. Using data that are disaggregated across both state and
industry, we more...
| Price: $18.00
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| What is Keeping U.S. Core Inflation Low : Insights from a Bottom-Up Approach Author/Editor: Yasser Abdih, Ravi Balakrishnan, Baoping Shang. Release Date:July, 2016 Over the past two decades, U.S. core PCE goods and services inflation have evolved differently. Against the backdrop of global concerns of low inflation, we use this trend as motivation to develop a more...
| Price: $18.00
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| Measuring the Informal Economy in the Caucasus and Central Asia Author/Editor: Yasser Abdih, Leandro Medina. Release Date:May, 2013 This study estimates the size of the informal economy, and the relative contribution of each underlying factor, for the Caucasus and Central Asia countries in 2008. Using a Multiple more...
| Price: $18.00
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 | Remittances Channel and Fiscal Impact in the Middle East, North Africa, and Central Asia Author/Editor: Yasser Abdih, Adolfo Barajas, Ralph Chami, Christian Ebeke. Release Date:April, 2012 This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using more...
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| Fiscal Sustainability in Remittance-Dependent Economies Author/Editor: Ralph Chami, Yasser Abdih, Amine Mati, Michael T. Gapen. Release Date:September, 2009 We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio can be modified to create a more accurate representation of debt sustainability more...
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| Frugality : Are We Fretting Too Much? Household Saving and Assets in the United States Author/Editor: Evan Tanner, Yasser Abdih. Release Date:September, 2009 Household savings rates in the United States have recently crept up from all-time lows. Some have suggested that a shift toward frugality will hamper GDP growth-the Keynesian paradox of thrift. We more...
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| The Impact of Public Capital, Human Capital, and Knowledge on Aggregate Output Author/Editor: Frederick L. Joutz, Yasser Abdih. Release Date:September, 2008 This paper investigates the impact of public capital on private sector output by testing and estimating an aggregate production function for the U.S. economy over the postwar period augmented to more...
| Price: $18.00
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