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Capital accumulation, labour market institutions, and unemployment in the medium run

Stockhammer, Engelbert; Klär, Erik - 2008

According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the … insufficient capital accumulation responsible for unemployment (Arestis et al 2007). Empirical work in this tradition has paid … capital accumulation as a macroeconomic shock. In the empirical analysis, medium-term unemployment is explained by capital …

Persistent link: https://www.econbiz.de/10010265039

Geht der Einfluss der Gewerkschaften auf die Lohnbildung international zurück?

Ochel, Wolfgang - In: ifo Schnelldienst 54 (2001) 05, pp. 44-46

Ländern hoch. Mitte der neunziger Jahre erreichte er zum Beispiel in Deutschland 92 %. Zwischen den Ländergruppen gibt es aber …

Persistent link: https://www.econbiz.de/10011691715

Zur Abhängigkeit von Lohnersatzleistungen

Ochel, Wolfgang - In: ifo Schnelldienst 56 (2003) 21, pp. 52-54

werden: Vorruhestand, Krankheit, Erwerbsunfähigkeit, Arbeitslosigkeit, Bedürftigkeit und sonstige Gründe. Von Land zu Land … Jahren. Im Jahre 1999 empfingen in Spanien und Japan etwa 11%, in Belgien und Frankreich dagegen 24% und in Deutschland gut …

Persistent link: https://www.econbiz.de/10011692086

Monetary policy, global liquidity and commodity price dynamics

Belke, Ansgar; Bordon, Ingo G.; Hendricks, Torben W. - 2010

useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this …

Persistent link: https://www.econbiz.de/10010271369

Liquidity and the dynamic pattern of asset price adjustment: a global view

Belke, Ansgar; Orth, Walter; Setzer, Ralph - 2009

Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates have not coincided with a concurrent rise in goods prices. At the same time, however, asset prices have increased sharply, significantly outpacing the subdued development in...

Persistent link: https://www.econbiz.de/10010271141

Global liquidity and commodity prices: a cointegrated VAR approach for OECD countries

Belke, Ansgar; Bordon, Ingo G.; Hendricks, Torben W. - 2009

This paper examines the interactions between money, consumer prices and commodity prices at a global level from 1970 to 2008. Using aggregated data for major OECD countries and a cointegrating VAR framework, we are able to establish long run and short run relationships among these variables...

Persistent link: https://www.econbiz.de/10010271111

Verdoorn's or Okun's law? Employment and growth experiences in OECD countries, 1960 - 1993

Erber, Georg - 1994

Persistent link: https://www.econbiz.de/10010335809

The missing globalization puzzle: another explanation

Siliverstovs, Boriss; Schumacher, Dieter - 2007

This study suggests another explanation of the missing globalization puzzle typically observed in the empirical gravity models. In contrast to the previous research that focused on aggregated trade flows, we employ the trade flows in manufacturing products broken down by 25 three-digit ISIC...

Persistent link: https://www.econbiz.de/10010264976

Estimating gravity equations: to log or not to log?

Siliverstovs, Boriss; Schumacher, Dieter - 2007

This study compares two alternative approaches to estimate parameters in gravity equations. We compare the traditional OLS approach applied to the log-linear form of the gravity model with the Poisson Quasi Maximum Likelihood (PQML) estimation procedure applied to the non-linear multiplicative...

Persistent link: https://www.econbiz.de/10010264979

Energy consumption and economic growth: New insights into the cointegration relationship

Belke, Ansgar; Dreger, Christian; de Haan, Frauke - 2010

This paper examines the long-run relationship between energy consumption and real GDP, including energy prices, for 25 OECD countries from 1981 to 2007. The distinction between common factors and idiosyncratic components using principal component analysis allows to distinguish between...

Persistent link: https://www.econbiz.de/10010274071