Showing 1 - 7 of 7
In this paper, we take a closer look at the development of the East German economy since German reunification in 1990 and its sectoral structure. Manufacturing has regained importance, driven by strong growth. Particularly in the southern East German states—Saxony, Saxony-Anhalt and...
Persistent link: https://www.econbiz.de/10008784866
' ranking positions. Additionally, there is evidence of quite a slow convergence process across European Union bank sector …
Persistent link: https://www.econbiz.de/10010883599
Many empirical studies have dealt with the subject of European convergence. These studies have reached controversial … paper uses the European Commission’s Industrial Confidence Indicator (ICI) to analyse cyclical convergence/divergence in the … do not support the hypothesis that the adoption of the euro has fostered cyclical convergence. …
Persistent link: https://www.econbiz.de/10005168404
' ranking positions. Additionally, there is evidence of quite a slow convergence process across European Union bank sector …
Persistent link: https://www.econbiz.de/10010711224
The paper studies the persistence of profit and its determinants in emerging markets. We apply Markov chain analysis, dynamic panel GMM estimation, and quantile regression techniques to a panel of approximately 3,000 Ukrainian companies. The empirical results show a moderate level of profit...
Persistent link: https://www.econbiz.de/10008784844
Inflation reduces the ability of financial intermediaries to improve resource allocation. Therefore, this study examines whether the effect of financial development on income inequality ceases as inflation rate rise. The study uses dynamic panel data of 60 countries over a period of 1980-2009...
Persistent link: https://www.econbiz.de/10010883604
This paper estimates the productivity of government and private employment, and government and private capital for a panel of 23 OECD economies over the 1960-2004 period. A simple theoretical model shows that government employment and capital are optimally provided when their marginal products...
Persistent link: https://www.econbiz.de/10005819624