Showing 1 - 10 of 46
LSDVC estimates, this study finds a significant labourfriendly impact of R&D expenditures. However, this positive employment …
Persistent link: https://www.econbiz.de/10012110063
After discussing theory regarding the consequences of technological change on employment and surveying previous …. However, the positive and significant impact of R&D expenditures on employment is detectable in services and high …-tech manufacturing but absent in the more traditional manufacturing sectors. This means that we should not expect positive employment …
Persistent link: https://www.econbiz.de/10013121329
In this work, we test the employment impact of distinct types of innovative investments using a representative sample … significant employment effect. However, the job-creation impact of R&D expenditures becomes highly significant when the focus is …
Persistent link: https://www.econbiz.de/10012131229
Persistent link: https://www.econbiz.de/10001653865
Persistent link: https://www.econbiz.de/10003130647
This paper analyses the relationship between CPI and real GDP in both the US and the UK using fractional integration and long-range dependence techniques. All series appear to be highly trended and to exhibit high degrees of integration and persistence, especially in the case of CPI. Since the...
Persistent link: https://www.econbiz.de/10013235154
We find that real interest rates paid on government debt depend significantly upon current and expected future levels of debt, in Europe as in the US. But this result only emerges when we condition on foreign interest rates, illustrating financial international integration. The previously strong...
Persistent link: https://www.econbiz.de/10013132441
This paper focuses on nominal exchange rates, specifically the US dollar rate vis-à-vis the Euro and the Japanese Yen at a daily frequency. We model both absolute values of returns and squared returns using long-memory techniques, being particularly interested in volatility modelling and...
Persistent link: https://www.econbiz.de/10013144331
Persistent link: https://www.econbiz.de/10003963286
This paper focuses on nominal exchange rates, specifically the US dollar rate vis-à-vis the Euro and the Japanese Yen at a daily frequency. We model both absolute values of returns and squared returns using long-memory techniques, being particularly interested in volatility modelling and...
Persistent link: https://www.econbiz.de/10003931070