Showing 1 - 10 of 13
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
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
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/10010298742
We examine the global dimension of inflation in 24 OECD countries between 1980 and 2007 in a traditional Phillips curve … to affect inflation through (the common part of) domestic demand and supply conditions. Our most important result is that … the common component of changes in unit labor costs notably affects inflation. We also find evidence that movements in …
Persistent link: https://www.econbiz.de/10010298738
By disaggregating price indices, it becomes apparent that the real exchange rate consists of the real exchange rate for a single good and a weighted sum of relative prices between goods. When applying a battery of panel unit root tests to this sum and its components, it is found that both the...
Persistent link: https://www.econbiz.de/10010295634
This paper attempts to evaluate the macroeconomic impact of venture capital (VC). We test the assumption that VC is similar in several respects to business R&D performed by large firms and therefore contributes to economic growth through two main channels: innovation and absorptive capacity. The...
Persistent link: https://www.econbiz.de/10010295645
This paper attempts to identify and evaluate the main determinants of venture capital (VC). We develop a theoretical model where macroeconomic conditions, technological opportunity, and the entrepreneurial environment affect the demand and supply of VC. The quantitative results, based on a panel...
Persistent link: https://www.econbiz.de/10010295646
The theories of internalization and internationalization provide general factors of international market entry but are not precise about its timing. A model of waiting and growth options seizes the importance of flexibility to FDI decisions and centers the impact of uncertainty. The results of a...
Persistent link: https://www.econbiz.de/10010295803
the smoothing power of automatic stabilisers for Germany and some other OECD countries. The results for Germany suggest …
Persistent link: https://www.econbiz.de/10010295648
In den westlichen Industrieländern - und somit auch in Deutschland - sind zwei längerfristige demographische Trends zu … als Deutschland, wo die Alterserwerbstätigenquote relativ niedrig ist. Um ältere Personen in stärkerem Maße in das …
Persistent link: https://www.econbiz.de/10011691951