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What do we know about recent exchange rate models? : in-sample fit and out-of-sample performance evaluated
Cheung, Yin-Wong; Chinn, Menzie David; Pascual, Antonio … - 2003
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
Persistent link: https://www.econbiz.de/10011507659
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A re-examination of the link between real exchange rates and real interest rate differentials
Hoffmann, Mathias; MacDonald, Ronald - 2003
The real exchange rate - real interest rate (RERI) relationship is central to most open economy macroeconomic models. However, empirical support for the relationship, especially when cointegrationbased methods are used, is rather weak. In this paper we reinvestigate the RERI relationship using...
Persistent link: https://www.econbiz.de/10011506475
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Ageing and the tax implied in public pension schemes : simulations for selected OECD countries
Fenge, Robert; Werding, Martin - 2003
, this will be illustrated for the cases of France, Germany, Italy, Japan, Sweden, the UK, and the US. The results are based …
Persistent link: https://www.econbiz.de/10011514127
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The world's rust belts : the heterogeneous effects of deindustrialization on 1,993 cities in six countries
Gagliardi, Luisa; Moretti, Enrico; Serafinelli, Michel - 2023
We investigate the employment consequences of deindustrialization for 1,993 cities in France, Germany, Great Britain …, Italy, Japan, and the United States. In all six countries we find a strong negative relationship between a city's share of …
Persistent link: https://www.econbiz.de/10014444059
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Being independent is a great thing : subjective evaluations of self-employment and hierarchy
Frey, Bruno S.; Benz, Matthias - 2003
One can be independent, or subject to decisions made by others. This paper empirically tests whether individuals attach an intrinsic value to the institutional difference between independence and hierarchy. Taking self-employment as an important case of independence, it is shown that the...
Persistent link: https://www.econbiz.de/10011507967
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State intervention on the market for natural damage insurance in Europe
Ungern-Sternberg, Thomas von - 2003
, Spain, France, Switzerland and Germany. We then draw conclusions, how the market for insurance against natural disasters …
Persistent link: https://www.econbiz.de/10011511057
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Development of local public finance in Europe
Friedrich, Peter; Gwiazda, Joanna; Nam, Chang-woon - 2003
This paper investigates the development of local public finance in Germany, Switzerland, Poland and the United Kingdom …
Persistent link: https://www.econbiz.de/10011404312
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Significance and determination of fees for municipal finance
Friedrich, Peter (contributor);  … - 2004
to survey the recent development of municipal finance: Britain, Germany, Poland and Switzerland. This paper firstly …
Persistent link: https://www.econbiz.de/10002522961
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Indian entrepreneurial success in the United States, Canada and the United Kingdom
Fairlie, Robert W.; Krashinsky, Harry A.; … - 2013
Kingdom and Canada -- we examine the performance of Indian entrepreneurs and explanations for their success. We find that … Canada, Indian entrepreneurs have average earnings slightly below the national average but they are more likely to hire … Canada and the United Kingdom contributing less to their entrepreneurial success. …
Persistent link: https://www.econbiz.de/10010212363
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Social health insurance : the major driver of unsustainable fiscal policy?
Hagist, Christian; Klusen, Norbert; Plate, Andreas; … - 2005
framework how unsustainable the public finances of France, Germany, Switzerland and the U.S. are, given their demographic …
Persistent link: https://www.econbiz.de/10003202890