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Long memory in US real output per capita
Caporale, Guglielmo Maria; Gil-Alaña, Luis A. - 2009
This paper analyses the long memory properties of quarterly real output per capita in the US (1948Q1 - 2008Q3) using non-parametric, semi-parametric and parametric techniques. The results vary substantially depending on the methodology employed. Evidence of mean reversion is obtained in a...
Persistent link: https://www.econbiz.de/10003850276
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Turkey and the EU : politics and economics of accession
Flam, Harry - 2003
This paper discusses political and economic aspects of Turkish accession. Under present rules, Turkey would have the greatest number of council votes within twenty years, and receive the largest budget transfer. Free migration may increase the Turkish immigrant population in Germany from 2 to...
Persistent link: https://www.econbiz.de/10011506471
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Transparency, specialization and FDI
Razin, Asaf; Tsadḳah, Efrayim - 2004
We develop a simple information-based model of FDI flows. On the one hand, the relative abundance of intangible capital in specialized industries in the source countries, which presumably generates expertise in screening investment projects in the host countries, enhances FDI flows. On the other...
Persistent link: https://www.econbiz.de/10011402538
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Shedding light on the shadow economy : a global database and the interaction with the official one
Medina, Leandro; Schneider, Friedrich - 2019 - 2nd version
estimating the size of the shadow economy for 157 countries over 1991 to 2017. The results suggest that the OECD countries are by … far the lowest with values below 20% of off official GDP and the shadow economy is larger in Latin America and Sub ….9 %. What is really remarkable, that the average decline of the shadow economy from 1991 to 2017 is 6.8 percentage points. The …
Persistent link: https://www.econbiz.de/10012138830
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'Whatever is, is right? : Economic institutions in pre-industrial Europe (Tawney lecture 2006)
Ogilvie, Sheilagh C. (contributor) - 2007
Persistent link: https://www.econbiz.de/10003597971
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The economic determinants of U.S. presidential approval : a survey
Berlemann, Michael; Enkelmann, Sören - 2012
economy. While about half of all studies for the United States find a significant effect of unemployment and inflation on …
Persistent link: https://www.econbiz.de/10009511756
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Iceland : how could this happen?
Thorvaldur Gylfason - 2014
This paper reviews economic developments in Iceland following its financial collapse in 2008, focusing on causes and consequences of the crash. The review is presented in the context of the Nordic region, with broad comparisons also with developments elsewhere on the periphery of Europe, in...
Persistent link: https://www.econbiz.de/10010235815
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Tracking weekly state-level economic conditions
Baumeister, Christiane; Leiva-León, Danilo; Sims, Eric R. - 2021
allows us to gauge the overall weakness of the U.S. economy. We also illustrate the usefulness of these state-level indices …
Persistent link: https://www.econbiz.de/10012584223
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How do expectations about the macroeconomy affect personal expectations and behavior?
Roth, Christopher; Wohlfart, Johannes - 2018
the economy works. …
Persistent link: https://www.econbiz.de/10011877783
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Uncertainty across volatility regimes
Angelini, Giovanni; Bacchiocchi, Emanuele; Caggiano, … - 2017
We propose a new non-recursive identification scheme for uncertainty shocks, which exploits breaks in the unconditional volatility of macroeconomic variables. Such identification approach allows us to simultaneously address two major questions in the empirical literature on uncertainty: (i) Does...
Persistent link: https://www.econbiz.de/10011778668