Zobrazeno 1 - 10
of 106
pro vyhledávání: '"C. Eberly"'
Publikováno v:
Journal of Economic Perspectives. 36:29-52
Intangible assets are a large and growing part of firms’ capital stocks. Intangibles are accumulated via investment—foregoing consumption today for output in the future—but they lack a physical presence. Rather than stopping with this “lack,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b4ca4fa3b6aceb9745ff0d907767aa4a
https://doi.org/10.1257/jep.36.3.29
https://doi.org/10.1257/jep.36.3.29
Autor:
Janice C. Eberly, Nicolas Crouzet
Publikováno v:
Journal of Monetary Economics. 124:S92-S109
In recent years, measured TFP growth in the US has declined. We argue that two forces contributed to this decline: the mismeasurement of intangible capital, and rising markups. Markups affect input shares, while intangibles omitted from measures of i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::806c12331ff317a39ac931fe88ea1e9b
https://doi.org/10.1016/j.jmoneco.2021.09.005
https://doi.org/10.1016/j.jmoneco.2021.09.005
Autor:
Janice C. Eberly, Kartik Athreya
Publikováno v:
American Economic Journal: Macroeconomics. 13:168-213
Despite increases in the college earnings premium to persistently high levels, investment in college education remains low. We can understand this apparent puzzle by considering the risk of attending college and, in particular, the possibility of fai
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::998e9f338989a75a2f85b3443a9d40bc
https://doi.org/10.1257/mac.20160396
https://doi.org/10.1257/mac.20160396
Autor:
Janice C. Eberly
Publikováno v:
Journal of Policy Modeling. 42:760-766
Increasing investment is often recommended as a prescription for increasing productivity, stoking demand, and addressing other causes of low growth or prospective crises in the U.S. economy. Yet an examination of investment suggests that it is not po
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::93b68ff60e3d5c60afc1bbd3914a6298
https://doi.org/10.1016/j.jpolmod.2020.03.002
https://doi.org/10.1016/j.jpolmod.2020.03.002
Autor:
Janice C. Eberly, Michael Woodford
Publikováno v:
Journal of Economic Perspectives. 34:222-239
Emi Nakamura is the 2019 recipient of the John Bates Clark Medal from the American Economic Association. Emi is an empirical macroeconomist whose work has studied the nature of price-setting and the effects of monetary and fiscal policies, among othe
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::86717169c21e4e8ff3715111e81077ce
https://doi.org/10.1257/jep.34.1.222
https://doi.org/10.1257/jep.34.1.222
The impact of an economic shock depends both on its severity and the resilience of the economic response. Resilience can include the ability to relocate factors, for example, even when new technologies or skills are not yet at the ready. This resilie
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d443fe706e4f366d4afeff31f2adb4b4
https://doi.org/10.3386/w29431
https://doi.org/10.3386/w29431
Autor:
Nicolas Crouzet, Janice C. Eberly
In recent years, US investment has been lackluster, despite rising valuations. Key explanations include growing rents and growing intangibles. We propose and estimate a framework to quantify their roles. The gap between valuations — reflected in av
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::842588b9ba4dc41b3eb2d2699d78216b
https://doi.org/10.3386/w28988
https://doi.org/10.3386/w28988
Publikováno v:
SSRN Electronic Journal.
Investment in intangible capital such as R&D has increased dramatically since the 1990s. However, productivity growth remains sluggish in recent years. One potential reason is that a significant share of the increase in intangible investment is geare
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::56dfb56263b857723b4a0ceba6f82e66
https://doi.org/10.2139/ssrn.3768268
https://doi.org/10.2139/ssrn.3768268
Autor:
Janice C. Eberly, Nicolas Crouzet
Publikováno v:
AEA Papers and Proceedings. 108:426-431
Recent work on macroeconomic trends has emphasized slowing capital investment, but strong business profits and valuations. The retail sector is a microcosm of these trends, and accounts for a large share of the increase in aggregate business concentr
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0edee0a5263553addf422d9a034db041
https://doi.org/10.1257/pandp.20181007
https://doi.org/10.1257/pandp.20181007
Autor:
Lewis Alexander, Janice C. Eberly
Publikováno v:
IMF Economic Review. 66:5-30
Investment in physical capital collapsed during the Great Recession, and while growth subsequently resumed, the capital stock remains below trend (Hall in Quantifying the lasting harm to the US economy from the financial crisis, NBER Macroeconomics A
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2d6f0919ed2c1d430a6e79a7a9b06721
https://doi.org/10.1057/s41308-017-0044-2
https://doi.org/10.1057/s41308-017-0044-2