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Shocks and rigidities as determinants of CEE labor markets' performance. A panel SVECM approach
Bukowski, Maciej; Koloch, Grzegorz; Lewandowski, Piotr - Volkswirtschaftliche Fakultät, … - 2008
In this paper the dynamic responses of labor markets to macroeconomic shocks in eight CEE countries are empirically …
Persistent link: https://www.econbiz.de/10005835482
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Are the Central European Stock Markets Still Different? A Cointegration Analysis
Rousova, Linda - Volkswirtschaftliche Fakultät, … - 2009
The Central European countries became members of the European Union (EU) in May 2004. Has their accession into the EU also resulted in a stronger financial integration with the global economy in general and with the "old" EU countries in particular? Based on a cointegration analysis applied to...
Persistent link: https://www.econbiz.de/10004998480
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Financial Development and Economic Growth in Poland in Transition: Causality Analysis
Gurgul, Henryk; Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2012
This study examines the causal relationship between economic growth and financial development in Poland on the basis of quarterly data for the period 2000 Q1–2011 Q4. In order to examine the impact of the 2008 financial crisis on the structure of financial sector-GDP links in Poland we...
Persistent link: https://www.econbiz.de/10011257877
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Financial development and economic growth in Poland in transition: causality analysis
Gurgul, Henryk; Łukasz, Lach - Volkswirtschaftliche Fakultät, … - 2011
The economic literature suggests that the efficient allocation of resources by the financial system speeds up economic development and reduces poverty. However, there are economists who find financial development to be the result of economic growth. This study examines causal relationship...
Persistent link: https://www.econbiz.de/10011258269
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Legal Status at Entry, Economic Performance and Self-Employment Proclivity: A Bi-National Study of Immigrants
Constant, Amelie; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2006
-employment and entrepreneurship and their economic success. Particular attention is paid to the role of legal status at entry in the …
Persistent link: https://www.econbiz.de/10005123900
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Self-Employment Dynamics Across the Business Cycle: Migrants vs Natives
Constant, Amelie; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2004
Economically active people are either in gainful employment, are unemployed or self-employed. We are interested in the dynamics of the transitions between these states across the business cycle. It is generally perceived that employment or self-employment are absorbing states. However,...
Persistent link: https://www.econbiz.de/10005124236
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Bankruptcy Codes and Innovation
Acharya, Viral V; Subramanian, Krishnamurthy - C.E.P.R. Discussion Papers - 2007
Do legal institutions governing financial contracts affect the nature of real investments in the economy? We develop a simple model and provide evidence that the answer to this question is yes. We consider a levered firm's choice of investment between innovative and conservative technologies, on...
Persistent link: https://www.econbiz.de/10005136739
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What Makes an Entrepreneur and Does it Pay? Native Men, Turks and Other Migrants in Germany
Constant, Amelie; Shachmurove, Yochanan; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2004
This Paper focuses on the entrepreneurial endeavors of immigrants and natives in Germany. We pay closer attention to Turks, since they are the largest immigrant group with a strong entrepreneurial tradition; self-employed Turks in Germany represent about 70% of all Turkish entrepreneurs in the...
Persistent link: https://www.econbiz.de/10005497816
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Financing Creative Destruction
Samaniego, Roberto - Volkswirtschaftliche Fakultät, … - 2009
This paper uncovers evidence of s potentially important channel linking financial development to growth: the financing of innovations introduced by entrepreneurs. Using internationally comparable data on European countries, entry and exit in research-intensive industries are found to be...
Persistent link: https://www.econbiz.de/10008565948
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Entrepreneurship, Innovation and Spatial Disparities: Divisions and Changes of Self-employment and Firms
Bögenhold, Dieter; Fachinger, Uwe - Volkswirtschaftliche Fakultät, … - 2009
entrepreneurship and asks for its overlapping with categories of self-employment and of innovation. Although these terms cover only … partially the same meanings, political discourse often equals the slogan to foster entrepreneurship and innovation with an … firms without further employees. An equation of entrepreneurship with innovation activities and in-creasing self …
Persistent link: https://www.econbiz.de/10008559048