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Assessing the Macroeconomic Forecasting Performance of Boosting - Evidence for the United States, the Euro Area, and Germany

Buchen, Teresa - 2013

The use of large datasets for macroeconomic forecasting has received a great deal of interest recently. Boosting is one possible method of using high-dimensional data for this purpose. It is a stage-wise additive modelling procedure, which, in a linear specification, becomes a variable selection...

Persistent link: https://www.econbiz.de/10013085278

Target Balances and the German Financial Account in Light of the European Balance-of-Payments Crisis

Sinn, Hans-Werner - 2013

As shown in Sinn and Wollmershäuser (2012a), during the European balance-of-payments crisis, inter-governmental credit and Target credit granted by core-country central banks have replaced private international capital flows in financing the crisis countries' current account deficits, and even...

Persistent link: https://www.econbiz.de/10013088462

Fiscal Policies and Business Cycles in an Enlarged Euro Area

Staehr, Karsten - 2008

This paper compares the cyclical properties of fiscal policies across the 12 original eurozone countries and the future members from Central and Eastern Europe. For the sample period 1995-2005, the fiscal balance exhibits less inertia and is more counter-cyclical in Central and Eastern European...

Persistent link: https://www.econbiz.de/10012773620

Did Austerity Cause Brexit?

Fetzer, Thiemo - 2018

the single most important correlate of the subsequent Leave vote in the 2016 European Union (EU) referendum, along with … specific welfare reforms as well as broader measures of political preferences. The results suggest that the EU referendum could …

Persistent link: https://www.econbiz.de/10012910997

Voting in the European Union - Central Europe's Lost Voice

Schneider, Ondrej - 2008

EU's total population; and even though their economic output is much lower, it rises dynamically. New members' impact on … the EU policies has nevertheless been limited. This is due not only to the arcane voting rules within the EU, but also to … together and that their influence is thus fairly limited. We argue that as the EU seemingly lacks energy to implement further …

Persistent link: https://www.econbiz.de/10012768535

Labour Market Institutions and Their Effect on Labour Market Performance in the New EU Member Countries

Fialová, Kamila - 2008

early 2000's both in quot;oldquot; and quot;newquot; EU member states. We estimate effects of labour market institutions on …;oldquot; and quot;newquot; EU members …

Persistent link: https://www.econbiz.de/10012769662

Money Can't Buy EU Love : European Funds and the Brexit Referendum

Fidrmuc, Jan - 2016

remaining in the EU. Somewhat surprisingly, the intensity of immigration from the EU is positively correlated with the Remain …

Persistent link: https://www.econbiz.de/10012979586

Beyond Balassa and Samuelson : Real Convergence, Capital Flows, and Competitiveness in Greece

Belke, Ansgar Hubertus - 2015

We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...

Persistent link: https://www.econbiz.de/10013012270

Phasing Out Nuclear Power in Europe

Aune, Finn Roar - 2015

We explore the impact of an EU-wide nuclear phase-out by 2030 provided the EU energy and climate policy for 2030 is …. Whereas the 2030 EU target for the renewable share in final energy demand is (at least) 27 percent, we find that after a …

Persistent link: https://www.econbiz.de/10013020510

Ordoliberalism, Pragmatism and the Eurozone Crisis : How the German Tradition Shaped Economic Policy in Europe

Feld, Lars P. - 2015

German policy during the Eurozone crisis supposedly follows an ordoliberal tradition. In this paper, we discuss to what extent this contention holds and to what extent Germany pragmatically responded to different crisis phenomena. A proper analysis of ordoliberal thinking reveals that the...

Persistent link: https://www.econbiz.de/10013021693