Figure 4.1 Results for the Total Balance
Reaction to cycle
1,5
1
0,5
0
-0,5
-1
-1,5
I core balance: nu----actual balance -core balance ±1.96*std ∣
^^^^^≡reaction to cycle: gamma----EC automatic stabiizer: alpha reaction to cycle ±196*std
core balance: nu----EC cyclically adj.balance (based on
Icore discretionary policy: eta core discretionary policy ±1.96*std
Figure 4.2 Decomposition of the Total Balance
Core component (nu)
Cyclical component due to automatic stabilizer (alpha)
Irregular component (epsilon)
Cyclical component due to discretionary policy (gamma)
UC model
107
More intriguing information
1. Estimating the Technology of Cognitive and Noncognitive Skill Formation2. Place of Work and Place of Residence: Informal Hiring Networks and Labor Market Outcomes
3. The storage and use of newborn babies’ blood spot cards: a public consultation
4. Delayed Manifestation of T ransurethral Syndrome as a Complication of T ransurethral Prostatic Resection
5. ESTIMATION OF EFFICIENT REGRESSION MODELS FOR APPLIED AGRICULTURAL ECONOMICS RESEARCH
6. BODY LANGUAGE IS OF PARTICULAR IMPORTANCE IN LARGE GROUPS
7. The changing face of Chicago: demographic trends in the 1990s
8. Aktive Klienten - Aktive Politik? (Wie) Läßt sich dauerhafte Unabhängigkeit von Sozialhilfe erreichen? Ein Literaturbericht
9. The name is absent
10. Climate change, mitigation and adaptation: the case of the Murray–Darling Basin in Australia