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Report
Technology, trade and growth: some empirical findings
Connolly, Michelle P.
(1997)
International patent data for 39 countries from 1970 to 1985 are used to create proxies for imitation and innovation. Domestic imitation and innovation both appear to depend positively on high technology imports from developed countries, intellectual property rights, and the size of the economy. Additionally, transportation and communication infrastructure and quality adjusted research effort are found to contribute positively to domestic innovation. Finally, growth in real per capita GDP is positively related to physical capital stock growth, foreign and domestic innovation, and negatively ...
Research Paper
, Paper 9727
Report
Margin requirements, speculative trading and stock price fluctuations: the case of Japan
Peristiani, Stavros; Hardouvelis, Gikas A.
(1990)
Research Paper
, Paper 9006
Report
Retail inventories, internal finance, and aggregate fluctuations
Zakrajšek, Egon
(1997)
We investigate the implications of capital market imperfections for inventory investment in retail trade, using a new source firm-level data--the micro data underlying the published Quarterly Financial Reports. An error-correction model that includes internal funds and forward-looking expectations for the stochastic process of sales is not rejected by the data. Both the cross-sectional and time-series results are consistent with the existence of significant capital market frictions in the retail trade sector: (1) for firms with limited access to capital markets, internal funds are a ...
Research Paper
, Paper 9722
Report
Why international trends in leverage have been so different
Remolona, Eli M.
(1990)
Research Paper
, Paper 9002
Report
The term structure as a predictor of real economic activity
Estrella, Arturo; Hardouvelis, Gikas A.
(1989)
Research Paper
, Paper 8907
Report
The role of monetary shocks: evidence from tests of the relation between interest-rate spreads and economic activity
Wizman, Thierry A.
(1992)
Research Paper
, Paper 9203
Report
Evaluating chart-based technical analysis: the head-and-shoulder pattern in foreign exchange
Osler, Carol L.; Chang, P.H. Kevin
(1994)
Research Paper
, Paper 9414
Report
The political and institutional independence of U.S. monetary policy
Howe, Howard; Akhtar, M. A.
(1991)
Research Paper
, Paper 9110
Report
The behavior of uninsured deposits market discipline or \\"too big to fail\\"?
Park, Sangkyun
(1991)
Research Paper
, Paper 9130
Report
The prejudices of least squares, principal components and common factor schemes
Kalman, R. E.; Los, Cornelis A.
(1987)
Research Paper
, Paper 8701
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Federal Reserve Bank of New York 341 items
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