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Over the past decade, the United States has been very successful atcreating jobs. Some other industrial countries have clearly lagged behind. But what is the reason why some countries are more successful than others at creating employment? Are there common factors that explainjob creation? This...
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This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
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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 …
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Capital flows can deliver substantial benefits for countries, but also have the potential to contribute to a buildup of systemic financial risk. Benefits, such as enhanced investment and consumption smoothing, tend to be greater for countries whose financial and institutional development enables...
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