ESTIVATE: a model for calculating excavator productivity and output costs

2000 ◽  
Vol 7 (1) ◽  
pp. 52-62 ◽  
Author(s):  
DAVID J. EDWARDS ◽  
GARY D. HOLT
Keyword(s):  
2005 ◽  
Vol 37 (4) ◽  
pp. 725-752 ◽  
Author(s):  
Michael M. Hutchison ◽  
Ilan Noy
Keyword(s):  

2015 ◽  
Vol 34 (65) ◽  
pp. 327-347
Author(s):  
Moritz Cruz

In this paper we estimate the demand for official reserves in Latin America during the period 1995-2011. We assume that the main concern of the monetary authorities to demand reserves is the fear of suffering external drains, and its associated output costs. In other words, we attempt to show that the so-called precautionary motive drives the demand for international reserves in the region. Our econometric results confirm that Latin American countries demand ever increasing amounts of foreign exchange to protect themselves against the likelihood of external drains.


2020 ◽  
Author(s):  
Pietro Garibaldi ◽  
Pedro M. Gomes ◽  
Thepthida Sopraseuth
Keyword(s):  

2020 ◽  
Vol 34 (1) ◽  
pp. 55-74 ◽  
Author(s):  
Amartya Lahiri

On November 8, 2016, India demonetized 86 percent of its currency in circulation. The stated objectives of the move were to seize undeclared income, to destroy counterfeit currency, to speed up formalization of the economy, and to increase the tax base. I find that the evidence over the subsequent three years suggests that the move had limited success in achieving its stated objectives. Disaggregated data suggests that demonetization did have appreciable costs in terms of lost jobs and output. However, the output costs appear to have been temporary.


2009 ◽  
Vol 210 ◽  
pp. 36-38 ◽  
Author(s):  
Ray Barrell

It is useful to look at the distinction between transitory and permanent effects of a crisis. Financial crises normally bring on a recession, and the output costs can be large, as Hoggarth and Saporta (2001) discuss. In the majority of cases since 1970 in the OECD countries output returns to its trend level and there is no permanent effect. However, there may have been a permanent scar on the level of output in Japan after its crisis in the early 1990s, making the crisis and subsequent recession much more costly. This may reflect the nature and length of the crisis, as the banking sector was left to flounder for some years before its rescue toward the end of the crisis period. This appears to have left a permanent scar because risk premia were subsequently higher, and real asset prices have not fully recovered.


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