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Enlarging the EMU to the east : what effects on trade?

Belke, Ansgar (contributor); Spies, Julia (contributor) - 2008

The purpose of this paper is to assess the implications of the Economic and Monetary Union (EMU) accession of eight Central and Eastern European Countries (CEECs) on their share in EMU-12 imports. Overcoming biases related to endogeneity, omitted variables and sample selection, our results...

Persistent link: https://www.econbiz.de/10003750287

The different extent of privatisation proceeds in EU countries : a preliminary explanation using a public choice approach

Belke, Ansgar; Baumgärtner, Frank; Schneider, Friedrich; … - 2005

This paper empirically investigates the differences in the motives of raising privatisation proceeds for a panel of EU countries from 1990 to 2000. More specifically, we test whether privatisations can be mainly interpreted (a) as ingredients of a larger reform package of economic liberalisation...

Persistent link: https://www.econbiz.de/10003095430

Interest rate bands of inaction and play-hysteresis in domestic investment : evidence for the Euro area

Belke, Ansgar; Frenzel Baudisch, Coletta; Göcke, Matthias - 2019

The interest rate represents an important monetary policy tool to steer investment in order to reach price stability. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank's effectiveness in a low interest rate environment...

Persistent link: https://www.econbiz.de/10012099559

Import competition and the great US employment sag of the 2000s

Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2015

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that...

Persistent link: https://www.econbiz.de/10010528574

Return of the Solow paradox? : IT, productivity, and employment in US manufacturing

Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2014

-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …-intensive industries depending on the exact measures, though not since the late 1990s. Most challenging to this paradigm, and our … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …

Persistent link: https://www.econbiz.de/10010236437

On the persistence of the China shock

Autor, David H.; Dorn, David; Hanson, Gordon H. - 2021

We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period 2000 to 2019. The shock plateaued in 2010, enabling analysis of its effects for nearly a decade past its culmination. Adverse impacts of import competition on manufacturing employment,...

Persistent link: https://www.econbiz.de/10012653204

Foreign competition and domestic innovation : evidence from U.S. patents

Autor, David H.; Dorn, David; Hanson, Gordon H.; … - 2019

Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U.S. patents matched to corporate owners, we quantify how...

Persistent link: https://www.econbiz.de/10012119210