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The quantification of structural reforms : extending the framework to emerging market economies

Égert, Balázs - 2018

. More competition-friendly regulations, as measured by the OECDs' Product Market Regulation (PMR) indicator improve economic … businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …

Persistent link: https://www.econbiz.de/10011800715

The volatility curse : revisiting the paradox of plenty

Ploeg, Frederick van der; Poelhekke, Steven - 2009

The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population growth, human capital, investment, openness and natural resource dependence. This effect is significant and robust over a wide range of...

Persistent link: https://www.econbiz.de/10003832092

Regulation, institutions and aggregate investment : new evidence from OECD countries

Égert, Balázs - 2017

and labour market regulation on the capital stock. Several alternative testing methods show that the negative influence of … product and labour market regulation is considerably stronger at higher levels. The paper uncovers important policy …

Persistent link: https://www.econbiz.de/10011638226

Investment in OECD countries : a primer

Égert, Balázs - 2021

Aggregate business investment is a major driver of long-term economic growth. It has been weak in many advanced economies over the last decade, partly due to cyclical demand-side effects. Nevertheless, a number of structural factors and policies interact with and have an effect on business...

Persistent link: https://www.econbiz.de/10012543533

The contribution of human capital and its policies to per capita income in Europe and the OECD

Égert, Balázs; Botev, Jarmila; Turner, David - 2020

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/10012388211

Globalization and the rise of mega-cities in the developing world

Ploeg, Frederick van der (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003635200

Is there really a green paradox?

Ploeg, Frederick van der; Withagen, Cees - 2010

The Green Paradox states that, in the absence of a tax on CO2 emissions, subsidizing a renewable backstop such as solar or wind energy brings forward the date at which fossil fuels become exhausted and consequently global warming is aggravated. We shed light on this issue by solving a model of...

Persistent link: https://www.econbiz.de/10003939168

The VARying effect of foreign shocks in Central and Eastern Europe

Jiménez-Rodríguez, Rebeca; Morales Zumaquero, Amalia; … - 2010

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

Determinants of house prices in Central and Eastern Europe

Égert, Balázs (contributor); … - 2007

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

The impact of macro news and central bank communication on emerging European forex markets

Égert, Balázs; Kočenda, Evžen - 2013

We employ two-stage empirical strategy to analyze the impact of macroeconomic news and central bank communication on the exchange rates of three Central and Eastern European (CEE) currencies against the euro. First we estimate the nominal equilibrium exchange rate based on a monetary model....

Persistent link: https://www.econbiz.de/10009764449