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Data on physical capital are an indispensable part of economic growth and efficiency studies. In the case of China, economy-wide fixed asset series are usually derived by aggregating gross fixed capital formation (net of depreciation) over time, and sectoral/ownership-specific series by...
Persistent link: https://www.econbiz.de/10005412585
Data on physical capital are an indispensable part of economic growth and efficiency studies. In the case of China, fixed asset time series are usually derived either by aggregating gross fixed capital formation data over time, net of depreciation, or by correcting the limited official fixed...
Persistent link: https://www.econbiz.de/10005556078
If Australia's population were to reach 40 million, it could only result from either a drastic reversal of the decline in the fertility rate or a very large increase in the rate of net migration. This lecture explores this interesting question.
Persistent link: https://www.econbiz.de/10005408359
In this paper, we raise the question of gender differences in the geographic mobility of young researchers. We try to answer to three main questions regarding the international mobility of young researchers during the post-doc period: Are there differences among genders? Does “family” have...
Persistent link: https://www.econbiz.de/10005556413
We analyze the intergenerational income mobility of Canadians born to immigrants using the 2001 Census. A detailed … immigrants from 70 countries. The degree of persistence as estimated in regression to the mean models is about the same for … immigrants as for the entire population, and there is more generational mobility among immigrants in Canada than in the United …
Persistent link: https://www.econbiz.de/10005556850
This study proposes the adoption of money growth rules as indicator variables of monetary policies by the countries converging to a common currency system, in particular, by the eurozone candidate countries. The analytical framework assumes an inflation target as the ultimate policy goal. The...
Persistent link: https://www.econbiz.de/10005076831
This study reviews monetary policy options that are seemingly viable for adopting the euro by the new Member States of the European Union. A fully autonomous direct inflation targeting is believed to be suboptimal for convergence to the euro as it does not incorporate convergence parameters into...
Persistent link: https://www.econbiz.de/10005126387
A series of studies confirm results presented Filer and Hanousek (2000) suggesting that mismeasurement of inflation during the transition is a serious problem, on the same relative order of magnitude (and greater in absolute magnitude) as in advanced market economies. Overall, inflation has been...
Persistent link: https://www.econbiz.de/10005407678
The rapidly changing environment of the transition may create special problems for calculation of index numbers that require a fixed basket of goods and retail outlets. Using referent-level data we find that fixed- weight Laspeyres index on average overstated cost of living increases by...
Persistent link: https://www.econbiz.de/10005407705
This paper proposes a new monetary policy framework for effectively navigating the path to adopting the euro. The proposed policy is based on relative inflation forecast targeting and incorporates an ancillary target of declining exchange rate risk, which is suggested as a key criterion for...
Persistent link: https://www.econbiz.de/10005412757