production”, and define a regular GDP measure constructed as GDP net of government expenditure and evaded VAT base. The results … unless the dynamics of the hidden and regular components of the GDP are disentangled. Changes in public spending and the tax … effect on total GDP. In this setup the spending multiplier shows large long-run effects, considerably stronger than those …

regional income data are available. We subsequently use our estimation results for an out-of-sample prediction of regional …

and Poland that with the new international division of labour emerging in Europe Austria, the high income country, is … specializing in the low skill intensive part of the value chain and Poland, the low income country, is specializing in the high … skill part. As a result, skilled workers in Austria are losing from outsourcing, while gaining in Poland. In Austria …

Quarterly GDP figures usually are published with a delay of some weeks. A common way to generate GDP series of higher … frequency, i.e. to nowcast GDP, is to use available indicators to calculate a single index by means of a common factor derived …-tiered mechanism consisting in the identification of variables highly correlated with GDP as "core" indicators and a check of …

macro series, namely annual and quarterly real GDP and GDP per capita. The results indicate that the behaviour of US GDP can …

bilateral tax treaties increase comovement in shocks to nations' GDP trends, demonstrating the permanent effects of fiscal …

Mainstream economic research regards private debt as a determinant of GDP growth in the longrun. Levine (2005) surveys … focus from the long to the short-run and study whether private debt has a significant impact on GDP growth in the short …

This paper presents a stress indicator for the eurozone that summarizes developments of trends and cycles in real GDP … on the trend growth rates of GDP and consumer prices as well as on the related cyclical components. The main results are …

economic growth by Sala-i-Martin et al. (2004) are sensitive to deviations from benchmark model averaging. For example, the GDP …