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International Evidence on Output Fluctuation and Shock Persistence

Levy, Daniel; Dezhbakhsh, Hashem - EconWPA - 2004

We estimate output growth rate spectra for 58 countries. The spectra exhibit diverse shapes. To study the sources of this diversity, we estimate the short-run, business cycle, and long-run frequency components of the sampled series. For most OECD countries the bulk of the spectral mass is in the...

Persistent link: https://www.econbiz.de/10005126132

MODELLING ECONOMIC FLUCTUATIONS IN SUBSAHARAN AFRICA:A VECTOR AUTOREGRESSIVE APPROACH

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2004

A controversial result of some current research on the real business cycles is the claim that a common stochastic trend(the cumulative effect of permanent shocks to productivity)underlies the bulk of economic fluctuations. If confirmed, this will imply that many other forces have been relatively...

Persistent link: https://www.econbiz.de/10005412719

Cointegration in Frequency Domain

Levy, Daniel - EconWPA - 2004

Existence of a cointegration relationship between two time series in the time domain imposes restrictions on the series zero-frequency behaviour in terms of their squared coherence, phase, and gain, in the frequency domain. I derive these restrictions by studying cross-spectral properties of a...

Persistent link: https://www.econbiz.de/10005556273

The Bulgarian Banks' competitiveness: the case of Remote banking

Bojinov, Bojidar - EconWPA - 2003

and services via Internet. The remote banking becomes one of the main channels for bank services distribution. This paper … services available via Internet; online application forms; online banking application; other online/remote services. In spite … of the small number of Bulgarian banks, which offer their products and services via Internet, the research shows that …

Persistent link: https://www.econbiz.de/10005076976

What Bulgarian Banks offer via Internet: an Overview

Bojinov, Bojidar - EconWPA - 2003

services via Internet. The remote banking become one of the main channels for bank services distribution. The Internet … expansion of the Bulgarian banks is at its beginning. The showed results are based on the Internet research, which has aimed to … describe actual picture of Bulgarian banks present in Internet. …

Persistent link: https://www.econbiz.de/10005077027

What Bulgarian Banks offer via Internet: an Overview (v2)

Bojinov, Bojidar - EconWPA - 2003

Persistent link: https://www.econbiz.de/10005561755

Firms’ technological trajectories and the creation of foreign subsidiaries

Castellani, Davide - EconWPA - 2001

Multinational firms are traditionally considered as firms possessing some technological lead and exploiting this proprietary advantage in international markets, but a growing literature has been arguing that multinational firms set up foreign subsidiaries not only as a means to exploit their own...

Persistent link: https://www.econbiz.de/10005062587

Do labour taxes (and their composition) affect wages in the short and in the long run?

Arpaia, Alfonso; Carone, Giuseppe - EconWPA - 2004

Measures aimed at reducing the tax burden on labour have been advocated to alleviate the EU unemployment problem. Most of the analyses document a relationship between the unemployment rate and the tax burden on labour. Hence, it is not possible to discern whether the effect on unemployment...

Persistent link: https://www.econbiz.de/10005412493

INFORMATION TECHNOLOGY AND THE PRODUCTIVITY PARADOX:EMERGING EVIDENCE FROM THE AFRICAN ECONOMIES

NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2004

Technological progress is considered as a source of growth and productivity gains for national economies. Thus, understanding the factors that determine the diffusion of new technologies across countries is important to understanding the process of economic development. This project therefore...

Persistent link: https://www.econbiz.de/10005118610

UNDERSTANDING THE DETERMINANTS OF ICTS DIFFUSSION IN ECOWAS

NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2004

The Information and Communication technology(ICT) environment in the economic community of west african states(ECOWAS) has changed sufficiently to warrant re-conceptualization of the earlier initiatives. Notably, many new technologies have emerged, especially in the area of wireless...

Persistent link: https://www.econbiz.de/10005118855

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