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Macroeconomic volatilities and the labor market : first results from the euro experiment

Merkl, Christian; Schmitz, Tom - In: European journal of political economy 27 (2011) 1, pp. 44-60

Persistent link: https://www.econbiz.de/10009260158

Fiscal Space and Government-Spending & Tax-Rate Cyclicality Patterns : A Cross-Country Comparison, 1960-2016

Aizenman, Joshua - 2018

This paper compares fiscal cyclicality across advanced and developing countries, geographic regions as well as income levels over 1960–2016 period, then identifies factors that explain countries' government spending and tax-policy cyclicality. Public debt/tax base ratio provides a more robust...

Persistent link: https://www.econbiz.de/10012911464

Unemployment accounts and employment incentives

Brown, Alessio J. G.; Orszag, Jonathan Michael; Snower, … - In: European journal of political economy 24 (2008) 3, pp. 587-604

Persistent link: https://www.econbiz.de/10003791044

A reappraisal of the inflation-unemployment tradeoff

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - In: European journal of political economy 21 (2005) 1, pp. 1-32

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …

Persistent link: https://www.econbiz.de/10010313770

When Fast Growing Economies Slow Down : International Evidence and Implications for China

Eichengreen, Barry - 2011

Using international data starting in 1957, we construct a sample of cases where fast-growing economies slow down. The evidence suggests that rapidly growing economies slow down significantly, in the sense that the growth rate downshifts by at least 2 percentage points, when their per capita...

Persistent link: https://www.econbiz.de/10013127765

Capital Flows and Economic Growth in the Era of Financial Integration and Crisis, 1990-2010

Aizenman, Joshua - 2011

We investigate the relationship between economic growth and lagged international capital flows, disaggregated into FDI, portfolio investment, equity investment, and short-term debt. We follow about 100 countries during 1990-2010 when emerging markets became more integrated into the international...

Persistent link: https://www.econbiz.de/10013119605

Growth Slowdowns Redux : New Evidence on the Middle-Income Trap

Eichengreen, Barry - 2013

We analyze the incidence and correlates of growth slowdowns in fast-growing middle-income countries, extending the analysis of an earlier paper (Eichengreen, Park and Shin 2012). We continue to find dispersion in the per capita income at which slowdowns occur. But in contrast to our earlier...

Persistent link: https://www.econbiz.de/10013089017

Economic, social and political fragmentation : linking knowledge-biased growth, identity, populism and protectionism

Snower, Dennis J.; Bosworth, Steven - In: European journal of political economy 67 (2021), pp. 1-17

Persistent link: https://www.econbiz.de/10012542202

Financial Development and Output Growth in Developing Asia and Latin America : A Comparative Sectoral Analysis

Aizenman, Joshua - 2015

We use data from the Groningen Growth and Development Centre (GGDC) database to perform preliminary empirical analysis of the interplay between quality and quantity of finance in accounting for the output growth of ten sectors. We review the existing literature and some salient open questions...

Persistent link: https://www.econbiz.de/10013029019