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 ?
In Figure 4, it is shown as a third stylized fact that the returns to public capital as a percentage of GDP is lower in more democratic countries.
The first stylized fact I observe is shared by all the episodes in the mentioned set of crises.
The stylized fact that almost no one seems to dispute is that Japan has "lost" two decades of growth, and that the icy grip of deflation on the economy is responsible.
1) This characteristic is shared by many developing countries and is a stylized fact that has motivated a great deal of research on economic growth.
4) A third stylized fact of ERBS refers to developments in the external sector.
Hence, the stylized fact is that the productivity growth rate in the 50s and 60s was higher than the later period and the productivity slowdown began in the early to middle of the 70s.
Patenting activity declines in the later years of the life cycle, and the number of firms also follow a time trend consistent with the stylized fact [1].
A key stylized fact that productivity analysts must explain has been the divergence in productivity growth between Europe and the United States since 1995, with productivity growth in the United States accelerating and that in Europe falling off.
As a result, Model (3) allows the examination of the stylized fact of telecommunications demand, which is given by [gamma] and determines the relationship between price and elasticity.
Stylized Fact #1: Sellers restrict the number of bidders.
65 reflects the stylized fact that in most industrialized economies, labor's share of national income is about two-thirds.