Browsing by Keyword "panel data"
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(Faculty of Economics, 2015-11-24)Operating leverage describes the extent to which a firm's operating costs are fixed in the short run. The effect of operating leverage is to amplify the impact on profit of a change in revenues; an effect which is further ...
(Elsevier, 2016-04-05)This contribution builds on the accelerator model to produce an investment function in which employment and households’ investment are used as proxies for economic activity. This analysis identifies a positive correlation ...