Showing 1 - 10 of 12
Through a time-varying VAR model with drifting parameters and stochastic volatilities (Cogley and Sargent, 2005, Primiceri, 2005), we explore nonlinearities on the French housing and credit markets, which give rich insights on the persistent bubble of the 2000s. While the price increase took...
Persistent link: https://www.econbiz.de/10012963084
Over the last decade, France and Spain have experienced property price and residential investment increases which were …, our estimates imply that residential property prices in France and Spain were approximately 20% above the level explained … degree of overvaluation is drastically reduced. The adjustment path to equilibrium is slightly faster in France than in Spain …
Persistent link: https://www.econbiz.de/10013038761
We use a French firm-level panel data set over the period 1993-2004 to analyze the relationship between credit constraints and firms' R&D behavior over the business cycle. Our main results can be summarized as follows: (i) the share of R&D investment over total investment is countercyclical...
Persistent link: https://www.econbiz.de/10013137947
We use firm-level data for France and Italy to explore the impact of service regulation reform implemented in the two …
Persistent link: https://www.econbiz.de/10013119082
agreements, at the firm or at the industry level. The estimations are based on a unique dataset collected by the Banque de France …
Persistent link: https://www.econbiz.de/10013101739
exhaustive information on the location of establishments in France over the period 2002-2007 at the census block level. Our …
Persistent link: https://www.econbiz.de/10013073784
. We use new French tax returns data on the self-employed from 1994 to 2012. France has three fiscal regimes for the self …
Persistent link: https://www.econbiz.de/10012926186
endogenous growth model with size-contingent regulations. Weapply this to population administrative firm panel data from France …
Persistent link: https://www.econbiz.de/10013229867
level. This article sheds light on this convergence process in the 1990s and the 2000s in France and on some of the factors …
Persistent link: https://www.econbiz.de/10014191259
Models of heterogeneous firms with selection into export market participation generically exhibit aggregate trade elasticities that vary across country-pairs. Only when heterogeneity is assumed Pareto-distributed do all elasticities collapse into a unique elasticity, estimable with a gravity...
Persistent link: https://www.econbiz.de/10013020001