JAN P. A. M. JACOBSa AND KENNETH F. WALLIS SUMMARY The structural vector autoregression (SVAR) and simultaneous equation macroeconometric model (SEM) styles of empirical macroeconomic modelling are compared and contrasted, with reference t...
VASCO M. CARVALHO AND ANDREW C. HARVEY SUMMARY Multivariate unobserved components (structural) time series models are fitted to annual post-war observations on real income per capita in countries in the Euro-zone. The aim is to establish s...
THEOFANIS P. MAMUNEAS,a ANDREAS SAVVIDESb AND THANASIS STENGOS SUMMARY This paper investigates the impact of human capital on the process of economic growth by allowing the contribution of traditional inputs (capital and labour) as well as...
ACHIM ZEILEIS, FRIEDRICH LEISCH,CHRISTIAN KLEIBER AND KURT HORNIK SUMMARY The classical approach to testing for structural change employs retrospective tests using a historical data set of a given length. Here we consider a wide array of f...
SHIN-ICHI NISHIYAMA* SUMMARY This paper addresses the empirical dilemma in identifying and estimating the parameters governing the intertemporal elasticity of substitution (IES) for import demand. We propose a new concept, the cross-Euler...
RICHARD DENNIS* SUMMARY In this paper we model and explain US macroeconomic outcomes subject to the discipline that monetary policy is set optimally. Exploiting the restrictions that come from optimal policymaking, we estimate the paramete...
进入2007年，大多数上市公司的限售股股东将逐步满足法规规定的股改后十二月的解禁，还有一部分在2005年实施股改的上市公司的限售股股东则逐步满足承诺的24这样，限售股的解冻规模将呈现逐步增加的趋势。今年以来限售股解冻的现象增多，广受市场关注。...
2003年以来，中国经济延续了过去几年的高速增长，并且出现了明显加快的特点。有人认为中国经济已经过热，出现了通货膨胀的趋势，需要降温，有的则认为中国仍处于消费不足的状态，通货紧缩挥之不去，还要进一步启动经济。如何判断中国经济形势，各方面认识的...
中日、中美贸易的变动：产业间还是产业内？ [1] 潘文卿 马晓慧 （清华大学经济管理学院，北京 100084） 摘要：本文以产业间贸易和产业内贸易理论为基础，运用中日和中美19922002年间的贸易数据，测度并分析了中国对日本与美国出口产品的竞争力水平以及中国同...
中国进口贸易与经济增长的计量分析 蒋燕 胡日东 （华侨大学 数量经济技术经济研究所 商学院，福建泉州362021） 摘要：利用中国1980-2003年度的统计数据,在对GDP与进口进行统计分析的基础上利用协整理论和误差修正模型ECM,研究二者间的内在联系。实证分析表明...
