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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

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

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

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

Liberalization of European Telecommunications and Entrepreneurship: Why German and Portuguese Experiences are so Equal and so Different?

Leitão, João; Ferreira, João - Volkswirtschaftliche Fakultät, … - 2007

The paper aims to investigate the impact of the liberalization of European Telecommunications Markets, on the Business Ownership Rate, the Employment, the Gross Domestic Product, and the Investment in ICT, in two European countries: Germany and Portugal. For this purpose, a Cointegrated Vector...

Persistent link: https://www.econbiz.de/10005790304

Financial Development and Selection into Entrepreneurship: Evidence from Italy and US

Deidda, M. - Centro Ricerche Nord Sud (CRENoS) - 2010

between initial household net wealth and the probability of switching to entrepreneurship in Italy and the United States … exposure to financial risk, would positively affect transition into entrepreneurship. Therefore, I fill a gap in the literature … financial sophistication. Last but not least, I simultaneously estimate the probability of switching to entrepreneurship and …

Persistent link: https://www.econbiz.de/10008611075

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