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whether there is convergence in monetary transmission. The countries included are: Belgium, France, Germany, Italy, the …
Persistent link: https://www.econbiz.de/10011398432
This paper investigates the impact of international shocks - interest rate, commodity price and industrial production shocks - on key macroeconomic variables in ten Central and Eastern European (CEE) countries by using near-VAR models and monthly data from the early 1990s to 2009. In contrast to...
Persistent link: https://www.econbiz.de/10003974654
This paper studies the determinants of house prices in eight transition economies of central and eastern Europe (CEE) and 19 OECD countries. The main question addressed is whether the conventional fundamental determinants of house prices, such as GDP per capita, real interest rates, housing...
Persistent link: https://www.econbiz.de/10003624430
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012238489
This paper offers a meta-regression analysis of the literature on the drivers of financial development. Our results based on 1900 estimates suggest that institutional quality is positively correlated to both private sector credit and stock market capitalization (both as share of GDP). Domestic...
Persistent link: https://www.econbiz.de/10012229266
France has a very ambitious environmental-policy agenda, aimed chiefly at cutting greenhouse gas (GHG) emissions but …
Persistent link: https://www.econbiz.de/10009571013
This paper reports the results of a survey among private sector economists about credibility and transparency of central banks. In line with the survey of Alan Blinder among central bankers, we asked participants in Ifo s World Economic Survey to answer questions on the importance and...
Persistent link: https://www.econbiz.de/10011399168
Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size …
Persistent link: https://www.econbiz.de/10009734840
France has a track record of persistent general government deficits, partly reflecting pro-cyclical fiscal policies in … and looks at ways the public deficit could be lowered. With France already having a very large public sector, most of the …
Persistent link: https://www.econbiz.de/10009621744
France has seen a marked deterioration in its export performance in the last 10 years or so. Previous empirical … construction sector triggered by fast rising property prices hindered France to meet world export demand vis-à-vis its products … experienced a marked decline in their export performance and sustained real-estate boom after 2000. -- OECD ; France …
Persistent link: https://www.econbiz.de/10003967759