Any analysis of the productivity slowdown must be based on a solid grasp of the
stylized facts associated with slower productivity growth.
Motivated by the two
stylized facts, we develop a parsimonious model of fiscal policymaking by the central and subnational governments.
Kaplan concludes with other
stylized facts that are also inconsistent with the short-termism argument.
Taylor introduce a new set of
stylized facts about economic growth and financial ratios, and a new macro-financial database for the study of historical financial booms and busts.
The experiences and emerging findings from the region- and country-based chapters provide some new insights that are not borne out by
stylized facts on trade-development linkages.
In order to motivate the set-up of the basic model and its extensions, we recall key
stylized facts regarding intra-EMU and global external imbalances between the late 1990s and the onset of the global financial crisis in 2007.
Traditional statistical measures of inequality, such as the Gini coefficient, are dismissed as "synthetic." Basic
stylized facts are deduced from the data and organized using basic economic growth theory.
In this paper, we attempt to summarize what we know about energy and economic growth in a similar set of
stylized facts with the intention of informing the development of models of energy and economic growth.
The authors cover the background,
stylized facts, and contemporary liberalization scenario in place; the export performance of companies in the defense industry; the response of defense companies to EU liberaliation, and many other related subjects.
In ongoing work with Dany Bahar, Michele Coscia, and Frank Neffke, we have been able to establish some interesting
stylized facts.
The
stylized facts of financial series are taken into account by the use of ARIMA-DCC-GARCH models and extreme value theory, facts as volatility clusters and heavy tails.