Following Corrado, Hulten and Sichel (2005) this paper investigates French spending in intangible capital. In this work, we tackle two issues. First, working on national accounting data we sharply investigate the data sources, using detailed supply & use tables taken from the French national...

The annual CERGE-EI economic survey of the Czech Republic provides an overview of the country's recent economic and political developments, as well as its major institutions, business environment, taxes, and other public policies. It also contains a host of data on the Czech Republic and other...

After the turbulent post-election political development in the second half of 2006, the new government set out to implement a series of reforms. The annual CERGE-EI economic survey of the Czech Republic, edited by Dr. Peter Katuscak and Dr. Petr Zemcik, provides a detailed description of the...

On the global scene, the year 2008 was characterized by a lingering mortgage crisis in the first half of the year, and an onset of a global financial crisis and the impending recession in the second half of the year. On the background of these events, the annual CERGE-EI economic survey of the...

Does foreign ownership improve corporate performance or do foreign firms merely select more productive targets for takeover? Do workers benefit from foreign acquisitions? We answer these questions based on comparing the be- fore/after change in several performance indicators of Czech firms...

This paper analyzes the effects of foreign direct investment on the sales growth rate of domestic companies in the Czech Republic. Using firm- level panel data from 1995 to 2003, it studies both horizontal and vertical spillovers. The study allows for the lagged nature of spillovers and pays at-...

This paper is concerned with the robustness of equilibrium exchange rate estimations based on the BEER approach for a set of both industrial and emerging countries. The robustness is studied in four directions, successively. First, we investigate the impact of using alternative proxies for...