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Regional measures of human capital in the European Union
Dreger, Christian (contributor); Erber, Georg (contributor);  … - 2009
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10003793935
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European regional convergence in a human capital augmented Solow model
Eckey, Hans-Friedrich (contributor);  … - 2006
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...
Persistent link: https://www.econbiz.de/10003387127
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Money demand and the role of monetary indicators in forecasting euro area inflation
Dreger, Christian; Wolters, Jürgen - 2013
predicting euro area inflation. Excess liquidity is measured as the difference between the actual money stock and its fundamental …
Persistent link: https://www.econbiz.de/10011374304
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Regional measures of human capital in the European Union
Dreger, Christian; Erber, Georg; Glocker, Daniela - 2008
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10009729665
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On the relationship between public and private investment in the euro area
Dreger, Christian; Reimers, Hans-Eggert - 2014
This paper explores the long run relationship between public and private investment in the euro area in terms of … investment might have restricted private investment and GDP growth in the euro area. The results have strong implications for the … future direction of fiscal austerity programs to combat the euro area debt crisis. …
Persistent link: https://www.econbiz.de/10010246065
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Money demand and the role of monetary indicators in forecasting euro area inflation
Dreger, Christian; Wolters, Jürgen - 2013
Persistent link: https://www.econbiz.de/10009785453
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On the relationship between public and private investment in the euro area
Dreger, Christian; Reimers, Hans-Eggert - 2014
This paper explores the long run relationship between public and private investment in the euro area in terms of … investment might have restricted private investment and GDP growth in the euro area. The results have strong implications for the … future direction of fiscal austerity programs to combat the euro area debt crisis. …
Persistent link: https://www.econbiz.de/10010248168
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On the relationship between public and private investment in the euro area
Dreger, Christian; Reimers, Hans-Eggert - 2014
This paper explores the long run relationship between public and private investment in the euro area in terms of … investment might have restricted private investment and GDP growth in the euro area. The results have strong implications for the … future direction of fiscal austerity programs to combat the euro area debt crisis. …
Persistent link: https://www.econbiz.de/10010252646
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Re-vitalizing money demand in the euro area : still valid at the zero lower bound
Dreger, Christian; Gerdesmeier, Dieter; Roffia, Barbara - 2016
paper re-investigates the stability properties of M3 demandin the euro area in the light of the recent economic crisis. A …
Persistent link: https://www.econbiz.de/10011532681
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M3 money demand and excess liquidity in the euro area
Dreger, Christian; Wolters, Jürgen - 2010
Recent empirical studies have found evidence of unstable long run money demand functions if recent data are used. If the link between money balances and the macroeconomy is fragile, the rationale of monetary aggregates in the ECB strategy has to be doubted. In contrast we present a "stable''...
Persistent link: https://www.econbiz.de/10011518878