Thomas H Goodwin
Biographic Data
| ID | 8880098 |
|---|---|
| NAME | Thomas H Goodwin |
| GIVEN NAMES | Thomas H |
| FAMILY NAME | Goodwin |
| SIGNATURE | GOODWIN T H |
| VERIFIED | No |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 3 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1982 |
| LATEST PUBLICATION YEAR | 1993 |
| H-INDEX | 0 |
Business-Cycle Analysis With a Markov-Switching Model
This article explores the Hamilton Markov-switching model through an analysis of the business cycles of eight developed market economies. Forecasting and specification tests suggest only marginal improvements over linear autoregressive models. Yet filtered and smoothed conditional probabilities indicate turning points in business cycles that closely correlate with turning points from traditional methods. Tests regarding the asymmetry of business …
Inflation, Risk, Taxes, and the Demand for Owner-Occupied Housing
A bstract-A portfolio choice model is formulated which focuses on the possibility of inflation hedging motives in housing demand in the 1970s. An asset demand equation is used to estimate the capitalization of inflation expectations into house prices through tax, mortgage, and hedging effects. The empirical results indicate that, even after accounting for tax and mortgage effects, the hedging motive was significant in bidding up house prices. One…
Testing the Rational Expectations Hypothesis in an Agricultural Market
A recent survey on models of agricultural supply equations listed over 500 studies in which variants of Nerlove's adaptive expectations model were employed.' One might naively assume that the scientific evidence overwhelmingly favored the adaptive expectations hypothesis, but this inference would not be warranted. In particular, there have been very few studies which have even attempted to estimate a expectations version of the traditional agricu…
No prominent works on this page.
Testing the Rational Expectations Hypothesis in an Agricultural Market
A recent survey on models of agricultural supply equations listed over 500 studies in which variants of Nerlove's adaptive expectations model were employed.' One might naively assume that the scientific evidence overwhelmingly favored the adaptive expectations hypothesis, but this inference would not be warranted. In particular, there have been very few studies which have even attempted to estimate a expectations version of the traditional agricu…
Inflation, Risk, Taxes, and the Demand for Owner-Occupied Housing
A bstract-A portfolio choice model is formulated which focuses on the possibility of inflation hedging motives in housing demand in the 1970s. An asset demand equation is used to estimate the capitalization of inflation expectations into house prices through tax, mortgage, and hedging effects. The empirical results indicate that, even after accounting for tax and mortgage effects, the hedging motive was significant in bidding up house prices. One…
Business-Cycle Analysis With a Markov-Switching Model
This article explores the Hamilton Markov-switching model through an analysis of the business cycles of eight developed market economies. Forecasting and specification tests suggest only marginal improvements over linear autoregressive models. Yet filtered and smoothed conditional probabilities indicate turning points in business cycles that closely correlate with turning points from traditional methods. Tests regarding the asymmetry of business …
Economics (3 works) · Monetary Policy and Economic Impact (3 works) · Econometrics (2 works) · Agriculture (1 works) · Autoregressive model (1 works) · Business cycle (1 works) · Computer Science (1 works) · Economic Theory and Policy (1 works) · Economics of Agriculture and Food Markets (1 works) · Efficiency Analysis Using DEA (1 works)