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The Policy Drivers of Self-Employment : New Evidence from Europe

Mourougane, Annabelle; Égert, Balázs; Baker, Mark; … - 2021

Using cross-country time series panel regressions for the last two decades, this paper seeks to identify the main policy and institutional factors that explain the share of self-employment across European countries. It looks at the aggregate share of self-employed as well as its breakdown by...

Persistent link: https://www.econbiz.de/10013314762

The Contribution of Human Capital and its Policies to Per Capita Income in Europe and the OECD

Égert, Balázs; Botev, Jarmila; Turner, David - 2021

This paper studies empirically the effect of education policies on human capital and per capita income. The results suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and universities, a lower student-to-teacher ratio, higher age...

Persistent link: https://www.econbiz.de/10013314766

The Importance of Being Vigilant : Has ECB Communication Influenced Euro Area Inflation Expectations?

Jansen, David-Jan; de Haan, Jakob - 2021

Using daily data on inflation-indexed bonds, we find evidence of a negative relationship between ECB communication regarding risks to price stability - measured on the basis of the frequency and strength of the keyword 'vigilance' - and changes in euro area break-even inflation. However, this...

Persistent link: https://www.econbiz.de/10013316794

Real Convergence, Price Level Convergence and Inflation Differentials in Europe

Égert, Balázs - 2021

This paper provides a comprehensive review of the factors that can cause price levels to diverge and which are at the root of different inflation rates in Europe including the EU-27. Among others, we study the structural and cyclical factors influencing market and non-market-based service, house...

Persistent link: https://www.econbiz.de/10013316808

Infrastructure and gowth : empirical evidence

Égert, Balázs; Kozluk, Tomasz; Sutherland, Douglas - 2009

Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on … infrastructure investment in telecommunications and the electricity sectors has a robust positive effect on long-term growth (but not …

Persistent link: https://www.econbiz.de/10010273809

Infrastructure investment in network industries ; the role of incentive regulation and regulatory independence

Égert, Balázs - 2009

This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies. Rate-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment. Yet, previous empirical work has...

Persistent link: https://www.econbiz.de/10010273816

Real convergence, price level convergence and inflation differentials in Europe

Égert, Balázs - 2007

Persistent link: https://www.econbiz.de/10010264234

Catching-up and inflation in Europe: Balassa-Samuelson, Engel's law and other Culprits

Égert, Balázs - 2010

This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special focus on the new member countries of Central and Eastern Europe. Using an array of estimation methods, we show that the Balassa-Samuelson effect is not an important driver of...

Persistent link: https://www.econbiz.de/10010273876

The importance of being vigilant: has ECB communication influenced Euro area inflation expectations?

Jansen, David-Jan; de Haan, Jakob - 2007

Using daily data on inflation-indexed bonds, we find evidence of a negative relationship between ECB communication regarding risks to price stability - measured on the basis of the frequency and strength of the keyword vigilance' - and changes in euro area break-even inflation. However, this...

Persistent link: https://www.econbiz.de/10010274042

Look who's talking : ECB communication during the first years of EMU

Jansen, David-Jan; de Haan, Jakob - 2004

This paper studies ECB and Bundesbank communication on monetary policy during the first years of the European Economic and Monetary Union. We study whether statements by different (groups of) central bankers have been contradictory and whether differences have diminished over time. We find that...

Persistent link: https://www.econbiz.de/10010261249