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This paper analyzes the growth and employment effects of dynamic fiscal policies in an overlapping generations model with endogenous growth and imperfect labour markets. With balanced-budget policies, the modelled closed economy grows at a constant rate which is the higher, the lower are the...
Persistent link: https://www.econbiz.de/10001789501
very similar for the stock markets in France, Germany and Spain, in Italy volatility among financial stocks intensified … market indices, stock volatility and the special role of stocks from the financial sector. While the impact of the vote was … analysieren die Korrelationen der Aktienmärkte von Großbritannien, Deutschland, Frankreich, Spanien und Italien sowie die …
Persistent link: https://www.econbiz.de/10011620331
Persistent link: https://www.econbiz.de/10003389804
This paper analyses the quality provision of interrelated market firms under different market structures both theoretically and empirically. A theoretical model is built, where a media firm offers newspapers in a primary market and advertising space in the secondary market. Furthermore, the...
Persistent link: https://www.econbiz.de/10001789506