Similar Search Results

Demographic Structure and Macroeconomic Trends

Aksoy, Yunus; Basso, Henrique S.; Smith, Ron; Grasl, Tobias - 2021

The effect of changes in demographic structure on medium-run trends of key macroeconomic variables is estimated using a Panel VAR of 21 OECD economies. The panel data variability assists the identification of direct effects of demographics, while the dynamic structure uncovers long-term effects....

Persistent link: https://www.econbiz.de/10013315503

Diversification, Risk Aversion and Expectation in a Holdout Scenario

Eggert, Wolfgang - 2015

investor to hold out. This model shows that the investment decision is based on the portfolio structure, risk aversion and …

Persistent link: https://www.econbiz.de/10013013489

Diversification, Dutch Disease, and Economic Growth : Options for Uganda

Gylfason, Thorvaldur - 2014

different from other oil-rich countries. In five main ways, all of which suggest the need for economic diversification as an … efficient risk management strategy, the Dutch disease manifests itself through (i) An appreciation of the local currency in real … to economic development, including human and social capital. The need for diversification can be viewed in terms of …

Persistent link: https://www.econbiz.de/10013040480

Aggregate Multi-Factor Productivity : Measurement Issues in OECD Countries

Égert, Balázs - 2018

This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity …

Persistent link: https://www.econbiz.de/10012920760

The Quantification of Structural Reforms : Extending the Framework to Emerging Market Economies

Égert, Balázs - 2018

This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes. More competition-friendly regulations, as measured by...

Persistent link: https://www.econbiz.de/10012920765

Trade Openness, Market Competition, and Inflation : Some Sectoral Evidence from OECD Countries

Binici, Mahir - 2013

countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity …. Nonetheless, previous empirical studies often fail to account for productivity effects, and their results may overstate the role … controlling for productivity effects. Indeed, when market competition and productivity effects are both accounted for, trade …

Persistent link: https://www.econbiz.de/10013091833

Ideas Production and International Knowledge Spillovers : Digging Deeper into Emerging Countries

Luintel, Kul Bahadur - 2018

Research and Development (R&D) activities of emerging countries (EMEs) have increased considerably in recent years. Recent micro studies and anecdotal evidence points to industrialized countries as the sources of knowledge in EMEs. In this context, we examine ideas production and international...

Persistent link: https://www.econbiz.de/10012930598

Regulation, Institutions, and Productivity : New Macroeconomic Evidence from OECD Countries

Égert, Balázs - 2017

Empirical research on the drivers of multi-factor productivity (MFP) is abundant at the firm- and industry level but …

Persistent link: https://www.econbiz.de/10012958442

The Efficiency of Educational Production : A Comparison of the Nordic Countries with Other OECD Countries

Bogetoft, Peter - 2015

Focusing in particular on upper secondary education, this paper examines whether the relatively high level of expenditure on education in the Nordic countries is matched by high output from the educational sector, both in terms of student enrolment and indicators of output quality in the form of...

Persistent link: https://www.econbiz.de/10013013696

Synchronization and Changes in International Inflation Uncertainty

Henzel, Steffen - 2013

We investigate the international linkages of inflation uncertainty in the G7. In a first step, we document that inflation uncertainty in the G7 is intertwined. Moreover, the degree of synchronization has increased during the recent two decades. Second, based on a Factor-Structural Vector...

Persistent link: https://www.econbiz.de/10013082970