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Explaining Foreign Direct Investment in Central and Eastern Europe: an Extended Gravitiy Approach

Bos, J.W.B.; Laar, M. van de - Maastricht : METEOR, Maastricht Research School of … - 2004

to FDI in other regions - most notably to transition countries in Central Asia. In our analysis we try to impose as … little structure as possible on the data and allow for heterogeneity within the different regions. In an effort to improve on … evidence that there is crowding out between regions. …

Persistent link: https://www.econbiz.de/10005304799

Over de verhouding tussen overheid, marktwerking en privatisering.

Mierlo, J.G.A. van - Maastricht : METEOR, Maastricht Research School of … - 2001

Over de verhouding tussen overheid en markt wordt steeds vaker de grootst mogelijk onzin verkondigd. Dat gebeurt niet alleen in de universitaire (economische) wetenschap, maar vooral ook in de politieke wereld van de beleidsmakers. Dat heeft fatale gevolgen voor ons wetenschappelijk denken over...

Persistent link: https://www.econbiz.de/10005304826

Banking Sector Strength and the Transmission of Currency Crises

Bruinshoofd, Allard; Candelon, Bertrand; Raabe, Katharina - Maastricht : METEOR, Maastricht Research School of … - 2005

We show that, complementary to trade and financial linkages, the strength of the bankingsector helps explain the transmission of currency crises. Specifically, we demonstrate thatthe Mexican, Thai, and Russian crises predominantly spread to countries with weaknesses intheir banking sectors. At...

Persistent link: https://www.econbiz.de/10005304847

Evidences of Interdependence and Contagion using a Frequency Domain Framework

Bodart, Vincent; Candelon, Bertrand - Maastricht : METEOR, Maastricht Research School of … - 2005

The purpose of this paper is to propose a new measure of contagion. Our approach to testing contagion is based on the frequency analysis of causality developed recently by Breitung and Candelon (2004). This approach handles, in a unified framework, several of the statistical problems identified...

Persistent link: https://www.econbiz.de/10005304948

Nederland, wat gaan we de komende jaren doen?

Keizer, P.K. - Maastricht : METEOR, Maastricht Research School of … - 1997

De situatie waarin de Nederlandse samenleving zich bevindt, lijkt rooskleurig, en tot op zekere hoogte is dat beeld juist. Maar een grondiger analyse laat ons zien dat het ordeprobleem groter wordt, ondanks de politieke aandacht die het krijgt. In dit artikel wordt betoogd dat de Nederlandse...

Persistent link: https://www.econbiz.de/10005305005

The Adverse Effects of Government Spending on Private Consumption in New Keynesian Models

Kühn, Stefan; Muysken, Joan; Veen, Tom van - Maastricht : METEOR, Maastricht Research School of … - 2009

Empirical evidence shows that government spending crowds in private consumption, a Keynesian phenomenon. The current state of the art, New Keynesian models based on optimising households and _rms, is not able to predict such a result. We show with a graphical framework as well as a formal model...

Persistent link: https://www.econbiz.de/10005209868

Immigration can alleviate the ageing problem

Muysken, Joan; Cörvers, Frank; Ziesemer, Thomas - Maastricht : METEOR, Maastricht Research School of … - 2008

This paper analyses the way immigration can help to alleviate the burden ageing presents for the welfare states of most …

Persistent link: https://www.econbiz.de/10005209874

Fiscal Policy and Monetary Integration in Europe: An Update

Candelon, Bertrand; Muysken, Joan; Vermeulen, Robert - Maastricht : METEOR, Maastricht Research School of … - 2007

By distinguishing between discretionary and non-discretionary fiscal policy, this paper analyses the stability of fiscal rules for EMU countries before and after the Maastricht Treaty. Using both Instrumental Variables and GMM techniques, it turns out that discretionary fiscal policy remains...

Persistent link: https://www.econbiz.de/10005209884

Studying Co-movements in Large Multivariate Models Without Multivariate Modelling

Cubadda, Gianluca; Hecq, Alain; Palm, Franz C. - Maastricht : METEOR, Maastricht Research School of … - 2007

informative about co-movements existing in a vector autoregressive model as well as convergence between series for different …

Persistent link: https://www.econbiz.de/10005219982

A Common-Feature Approach for Testing Present-Value Restrictions with Financial Data

Alain, Hecq; João, Victor Issler - Maastricht : METEOR, Maastricht Research School of … - 2012

It is well known that cointegration between the level of two variables (labeled Y_{t} and y_{t} inthis paper) is a necessary condition to assess the empirical validity of a present-value model (PVand PVM, respectively, hereafter) linking them. The work on cointegration has been so prevalentthat...

Persistent link: https://www.econbiz.de/10009651501