Stylized Facts


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Stylized Facts

Facts that have been widely observed in many different contexts. Stylized facts are sometimes assumed to be always true, but this is not always the case. The term is most common in macroeconomics.
References in periodicals archive ?
Nonetheless, the main stylized facts we are going to comment on would be the same with a TFP indicator.
Do these stylized facts justify place-based policies that subsidize development?
Unfortunately, stylized facts do not make good policy.
I focus on the stylized facts of the critical processes, looking for commonalities and differences.
The IMF latest Study said that this discrepancy can be reconciled by consumers reallocating their expenditures across retailers, a feature of the data and quantify for which the Fund propose a simple model with household shopping effort and store-switching consistent with these stylized facts and document its implications for business cycles and policymakers.
Although the emphasis is on theory, the book contains many examples and stylized facts that illustrate concepts of corporate finance theory, such as security design, incentives, and controls, which are the basis of modern corporate finance.
Over time, we hope to be able to extract lessons and stylized facts that will deepen the understanding of what does and does not work in the social space.
African Export Successes: Surprises, Stylized Facts and Explanations" William Easterly, New York University and NBER, and Ariell Reshef, University of Virginia
Some stylized facts from three decades of research on female entrepreneurship in advanced economies
Among the topics are stylized facts of firm dynamics in Korean manufacturing during the 1990s and 2000s, the globalization of Japanese firms and its impact on the domestic economy, and evaluating the dominance ranking of productivity distribution in Korean manufacturing.
By using daily closing price of S & P CNX NIFTY from 1 January 2001 to 31 August, 2007, the study examines the stylized facts of stock returns, model and estimates the time varying volatility and persistence of Indian stock market.
They conclude that both the stylized facts and the econometric estimation do lead to clear-cut answers.