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Hysteresis and business cycles
Cerra, Valerie; Fatás, Antonio; Saxena, Sweta Chaman - 2020
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and...
Persistent link: https://www.econbiz.de/10012251398
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The Real Effects of Financial Sector Interventions During Crises
Valencia, Fabian - 2011
We collect new data to assess the importance of supply-side credit market frictions by studying the impact of financial sector recapitalization packages on the growth performance of firms in a large cross-section of 50 countries during the recent crisis. We develop an identification strategy...
Persistent link: https://www.econbiz.de/10014402209
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Fortschrittsbericht wirtschaftswissenschaftlicher Forschungsinstitute über die wirtschaftliche Entwicklung in Ostdeutschland ; [2.2003]
Dohse, Dirk; Laaser, Claus-Friedrich; Sichelschmidt, Henning - 2003
Persistent link: https://www.econbiz.de/10001818063
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Regional inequalities, economic crises and policies : an international panel analysis
Furceri, Davide; Mazzola, Fabio; Pizzuto, Pietro - In: Applied economics 54 (2022) 4, pp. 484-505
Persistent link: https://www.econbiz.de/10012874050
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Konjunktur für den Klimaschutz? : Klima- und Wachstumswirkungen weltweiter Konjunkturprogramme
Klepper, Gernot; Peterson, Sonja; Petrick, Sebastian; … - 2009
: Aufteilung der weltweiten Konjunkturprogramme (Prozent) USA; 35 China; 20 Japan; 15 Rest; 15 Europa; 15 Quelle: Scheuerle … (2009). Europa und Japan haben immerhin noch einen Anteil von 15 Prozent an den weltweiten Kon- junkturprogrammen. Es ist … einzuschlagen. Inspiriert durch den von US-Präsident Frank China: 20 Vereinigte Staaten: 35 Japan: 15 Europa: 15 Rest: 15 4 …
Persistent link: https://www.econbiz.de/10003839016
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The real effects of financial sector interventions during crises
Laeven, Luc; Valencia, Fabian - 2011
Persistent link: https://www.econbiz.de/10009487128
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Konjunktur für den Klimaschutz? : Klima- und Wachstumswirkungen weltweiter Konjunkturprogramme
Klepper, Gernot; Peterson, Sonja; Petrick, Sebastian; … - 2009
Weltweit werden etwa 3 Billionen US-Dollar staatlicher Hilfen ausgegeben, um den Absturz der Weltwirtschaft abzubremsen. Dieser Nachfrageschub von 4,7 Prozent des Welteinkommens hat zuallererst die Aufgabe, die Spirale gestrichener Investitionspläne, reduzierter Produktion, gesunkener...
Persistent link: https://www.econbiz.de/10003828844
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Higher economic growth through macroeconomic policy coordination? : the combination of wage policy and monetary policy
Gern, Klaus-Jürgen; Meier, Carsten-Patrick; Scheide, … - 2003
Strengthening potential output is high on the agenda for economic policy in the European Union. While there is widespread agreement that structural policies have a positive impact on long-term growth, there is a controversial discussion whether coordination of macroeconomic policies can...
Persistent link: https://www.econbiz.de/10011451765
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Higher economic growth through macroeconomic policy coordination? : The combination of wage policy and monetary policy
Gern, Klaus-Jürgen; Meier, Carsten-Patrick; Scheide, … - 2003
Persistent link: https://www.econbiz.de/10001737854
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Can a fiscal stimulus boost economic growth rates? : introduction
Gemmell, Norman - In: The economic journal : the journal of the Royal … 121 (2011) 550, pp. 1-3
Persistent link: https://www.econbiz.de/10009129888