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Full-Text Articles in Social and Behavioral Sciences
Assessing The Odds Of A Us Recession, Thomas Lam, David Fernandez
Assessing The Odds Of A Us Recession, Thomas Lam, David Fernandez
Sim Kee Boon Institute for Financial Economics
In this commentary, SMU Sim Kee Boon Institute for Financial Economics (SKBI) Principal Researcher Thomas Lam and SKBI Director SMU Professor of Finance (Practice) Dave Fernandez offer their perspectives on the current multifaceted and highly charged US recession debate. While America is currently not in a downturn, the near-term odds of one have edged up, according to models based on key monthly and weekly indicators.
Multifactor Productivity And Idea Transmission Channels In The Malaysian Economy, Ester Shen Ai Chan
Multifactor Productivity And Idea Transmission Channels In The Malaysian Economy, Ester Shen Ai Chan
Dissertations and Theses Collection (Open Access)
This paper examines the contribution of multifactor productivity (MFP) growth to output per worker growth in Malaysia from 1961-2000. MFP growth is found to contribute about 74 percent to output per worker growth from 1987-2000, but has only minimal or negative contribution to growth in the earlier years. This paper then attempts to explain why MFP growth has such a large contribution to output per worker growth in the period 1987-2000 by looking at international trade as channel of technology or idea transfer from the G5 countries into Malaysia. MFP grows because ideas from these advanced nations are transferred into …