Showing 1 - 8 of 8
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on the growth of West German regions. The paper finds that the relative income distribution appears to be stratifying into a...
Persistent link: https://www.econbiz.de/10010295576
The paper bases itself on recent theoretical writings in growth economics that empha-size the effects of both own R&D efforts and of interregional technology spillovers on regions´ productivity. We propose robust estimation techniques to evaluate the R&D spillovers across West German functional...
Persistent link: https://www.econbiz.de/10010295614
for mainland China. In a stochastic modelling framework, the riskiness, rate of increase and persistence of house price …
Persistent link: https://www.econbiz.de/10013123545
costs. In this paper we examine the empirical relevance of the NKPC for mainland China. The empirical results indicate that … the NKPC provides useful insights into the nature of inflation dynamics in mainland China as well as useful insights for …
Persistent link: https://www.econbiz.de/10012729346
This paper discusses the macroeconomic effects of China's informal banking regulatory tool “window guidance …
Persistent link: https://www.econbiz.de/10012954935
Persistent producer price deflation in China and other Asian economies has become a genuine concern for policymakers …. In August 2016, China's producer prices were down 12.4 percent from their peak in 2011, following a 54-month stretch of …, low commodity prices, spillover effects from China, and exchange rate pass-through. With China at the heart of the region …
Persistent link: https://www.econbiz.de/10012935638
sector in mainland China by means of a nonlinear stochastic general equilibrium (DSGE) model with occasionally binding …, tighter regulation of interest rates in the commercial banking sector in China leads to an increase in loans provided by the …
Persistent link: https://www.econbiz.de/10013022850
displays considerable persistence. Our analysis provides evidence that the knock-on effects from China's currency forwards …
Persistent link: https://www.econbiz.de/10012718563