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Electoral uncertainty, fiscal policies & growth : theory and evidence from Germany, the UK and the US

Economides, George (contributor) - 2003

economic growth. The model is estimated using quarterly data for Germany, the UK and the US from 1960 to 1999. Our econometric …

Persistent link: https://www.econbiz.de/10001900202

Real wages and business cycle asymmetries : presented at CESifo conference "Academic Use of ifo Survey Data", december 2003

Woitek, Ulrich - 2004

and Germany to condition the relationship between real wages and business fluctuations on the phase of the cycle, it is … demonstrated that the inconclusive evidence is not only caused by measurement problems, estimation method and composition bias as … general, the evidence for countercyclical wages is stronger in Germany than for the US, but taken together there is no clear …

Persistent link: https://www.econbiz.de/10002104675

Significance of development stage theory for explaining industrial growth pattern between Asian NICs and selected advanced economics [economies]

Nam, Chang-woon - 2002

like Japan, West Germany and the US. …

Persistent link: https://www.econbiz.de/10001652953

Unobserved components models for quarterly German GDP

Flaig, Gebhard - 2002

In this paper, an Unobserved Components Model is employed to decompose German real GDP into the trend, cycle and seasonal components and the working day effect. The most important findings are: 1) The growth rate of potential output declined from 4.2 per cent in the sixties to 1.4 per cent at...

Persistent link: https://www.econbiz.de/10001653716

Estimating the output gap using business survey data : a bivariate structural time series model for the German economy

Flaig, Gebhard; Plötscher, Claudia - 2000

This paper deals with the estimation of the output gap. We use uni- and bivariate unobserved components models in order … ifo business assessment variable as an indicator for the cycle the estimation of the output gap is much more precise and …

Persistent link: https://www.econbiz.de/10001452302

Input demand and the short- and long-run employment thresholds : an empirical analysis for the German manufacturing sector

Flaig, Gebhard; Rottmann, Horst - 2000

The concept of the "employment threshold" plays an important role in the public of unemployment. The employment threshold is defined as that growth rate of output which is necessary to keep employment constant despite the continuous rise in labor productivity. It is related to the Okun...

Persistent link: https://www.econbiz.de/10001474052

Sectoral trends and cycles in Germany

Cheung, Yin-Wong; Westermann, Frank - 2001

We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture) and the three corresponding sectoral stock market indexes. It is found that data with and without seasonal adjustment give mixed results on the long-run interaction between the...

Persistent link: https://www.econbiz.de/10001597629

Growth, inequality and labor markets in LDCs : a survey ; presented at CESifo Venice Summer Institute, workshop on Dissecting Globalization, July 2004

Qimḥî, Ayyāl - 2004

This paper surveys the empirical literature on the association between growth on inequality in less developed countries, with a particular emphasis on labor market inequality. Cross-country studies failed to find a clear link from growth to inequality. Country-specific studies that focused on...

Persistent link: https://www.econbiz.de/10002246156

Housing market dynamics : on the contribution of income shocks and credit constraints

Ortalo-Magné, François - 2001

This paper presents a dynamic theory of housing market fluctuations. It develops a life-cycle model where households are heteroeneous with respect to income and preferences and mortgage lending is restricted by a down-payment requirement. The market interaction of young credit-constrained...

Persistent link: https://www.econbiz.de/10014460994

The economic effects of democratic participation

Mueller, Dennis C.; Stratmann, Thomas - 2002

Considerable concern has been expressed in resent years about declines in voter participartion rates in the United States and in several other major democratic countries. Some feel low participation rates intropuce a "class bias" into the political process and thereby worsen the outcomes from...

Persistent link: https://www.econbiz.de/10001649183