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Martin, Will (contributor); Rowthorn, Bob (contributor) - 2004

the last decade. Using stylised models of the economies of the US, Euro area, UK and Japan, we argue that economic …

Persistent link: https://www.econbiz.de/10002521030

The macroeconomic policy challenges of balance sheet recession : lessons from Japan for the European crisis

Schnabl, Gunther - 2013

The paper compares the boom-and-bust cycles in Japan and Europe with respect to the reasons for excessive booms, the … characteristics of the crises, and the (potential) effects of the crisis therapies. As in Japan the consequence of expansionary … well as gradual real income losses, the economic policy implication for Japan and Europe is the timely exit from the …

Persistent link: https://www.econbiz.de/10009743745

Long-term effects of a recession at labor market entry in Japan and the United States

Genda, Yūji; Kondo, Ayako; Ohta, Souichi - In: Journal of human resources : JHR 45 (2010) 1, pp. 157-196

Persistent link: https://www.econbiz.de/10003957086

Fiscal policies and business cycles in an enlarged euro area

Stæhr, Karsten (contributor) - 2007

Persistent link: https://www.econbiz.de/10003496514

Does the Euro-zone diverge? : a stress indicator for analyzing trends and cycles in real GDP and inflation

Flaig, Gebhard (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003496544

Output smoothing in EMU and OECD : can we forego government contribution? : a risk sharing approach

Marinheiro, Carlos Fonseca - 2003

between the euro-area and the successful monetary union of the USA: the euro-area showed a much lower insurance of asymmetric …

Persistent link: https://www.econbiz.de/10011509508

Is there a European business cycle?

Artis, Michael J. - 2003

The paper uses quarterly GDP data for some 30 years up to and including 2001, to examine the identity and development of the European business cycle. Cycles are identified by using a band-pass filter version of the Hodrick-Prescott filter and affiliations are examined using clustering techniques...

Persistent link: https://www.econbiz.de/10011509523

Unexpected loan losses and bank capital in an estimated DSGE model of the Euro area

Hristov, Nikolay; Hülsewig, Oliver - 2016

We develop a stylized DSGE model in which banks face capital regulation and their loan portfolios are subject to non-diversifiable losses due to aggregate shocks. The framework is used to explore the importance of the interaction between macroeconomic conditions, credit default and bank...

Persistent link: https://www.econbiz.de/10011557772

National and supranational business cycles (1960 - 2000) : a multivariate description of central G7 and EURO15 NIPA aggregates

Süssmuth, Bernd - 2002

This paper applies volatility measures and VAR spectral analytic techniques to give a thorough description of the salient business cycle characteristics of central NIPA aggregates for the G7. Furthermore, their role in contributing to the supranational G7 and EURO15 cyclic dynamics is...

Persistent link: https://www.econbiz.de/10011408998

Coherence of output gaps in the euro area : the impact of the Covid-19 shock

Haan, Jakob de; Jacobs, Jan; Zijm, Renske - 2022

Using the measures proposed by Mink et al. (2012), we reexamine the coherence of business cycles in the euro area using a long sample period. We also analyze the impact of the COVID-19 pandemic on business cycle coherence and examine whether our measures for business cycle coherence indicate a...

Persistent link: https://www.econbiz.de/10013168003