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Articles 1 - 3 of 3
Full-Text Articles in Social and Behavioral Sciences
Inventory, Business Cycles And Monetary Transmission (Ed.), Riccardo Fiorito
Inventory, Business Cycles And Monetary Transmission (Ed.), Riccardo Fiorito
riccardo fiorito
No abstract provided.
Stylized Facts Of Business Cycles In The G7 From A Real Business Cycles Perspective, Riccardo Fiorito, Tryphon Kollintzas
Stylized Facts Of Business Cycles In The G7 From A Real Business Cycles Perspective, Riccardo Fiorito, Tryphon Kollintzas
riccardo fiorito
This paper investigates the basic stylized facts of business cycles in the G-7 countries using quarterly data (1960-89). The methodology is based on Kydland-Prescott (1990). The evidence suggests that the RBC model can account for several major stylized facts for all seven countries. In particular, consumption is procylical and fluctuates more than output; net exports are countercyclical; prices are countercyclical; government consumption and money do not have a clear cut pattern.
Regional Unemployment In Italy: Sources And Cures, Maurizio Baussola, Riccardo Fiorito
Regional Unemployment In Italy: Sources And Cures, Maurizio Baussola, Riccardo Fiorito
riccardo fiorito
A regional model of Italy analyzes unemployment responses to supply and demand shocks in the market for labor and goods. Both supply and demand components of unemployment are endogenous. Employment has low elasticity to output in Southern Italy where labor force increases more because of demographic and participation changes. This also makes it difficult to close the gap between this region and the most developed areas of the country.