Bei technologischen Dienstleistungen - wie bei Dienstleistungen insgesamt - hat Deutschland seit langem ein Defizit in der Leistungsbilanz. Dies wird häufig als Indikator für die geringe Leistungsfähigkeit Deutschlands in einem wichtigen Vorleistungsbereich verstanden. Deutschlands Position...

Bei technologischen Dienstleistungen - wie bei Dienstleistungen insgesamt - hat Deutschland seit langem ein Defizit in der Leistungsbilanz. Dies wird häufig als Indikator für die geringe Leistungsfähigkeit Deutschlands in einem wichtigen Vorleistungsbereich verstanden. Deutschlands Position...

The present paper tests for the existence of multicointegration between real per capita private consumption expenditure and real per capita disposable personal income in the USA. In doing so, we exploit the fact that the flows of disposable income and consumption expenditure on the one hand, and...

In this paper we present latest facts about the R&D activities of German multinational companies abroad and R&D activities of foreign companies in Germany. These results confirm that Germany is still an attractive location for R&D activites of multinational companies in many technological...

We suggest to use information from the state register of personal cars as an alternative indicator of economic inequality in countries with a large share of shadow economy. We illustrate our approach using the Latvian pool of personal cars. Our main finding is that the extent of household...

Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more localized in continental European countries than in Anglo-Saxon countries. We use EU KLEMS data sets to decompose sectoral TFP for nine European countries by means of a Malmquist...

This study develops a parsimonious stable coefficient money demand model for Latvia for the period from 1996 till 2005. A single cointegrating vector between the real money balances, the gross domestic product, the long-term interest rate, and the rate of inflation is found. Our study...

In Germany the foreign born population is made up of foreigners and so called ”ethnic Germans” who migrated from eastern European countries to Germany. While the first group is confronted with problems arising from the typical German concept of ethnicity and citizenship, the latter are...

In this study we have addressed the relationship between the stock market, the measure of real economic activity (represented by the real GDP), the economic sentiment indicator, and real interest rate for the five European countries: Germany, France, Italy, the Netherlands, and the UK. We find...