The sizable hoarding of international reserves by several East Asian countries has been frequently attributed to a modern version of monetary mercantilism - hoarding international reserves in order to improve competitiveness. From a long-run perspective, manufacturing exporters in East Asia...

Am 27. und 28. April 1995 veranstaltete das ifo Institut zusammen mit der Bayerischen Industrie- und Handelskammer im Europäischen Patentamt in München ein Symposium zum Thema "Mobilisierung der bayerischen Wirtschaft für die Länder des Fernen Ostens". Es war vor allem das Ziel,...

A growing body of empirical evidence suggests that inequality-income or gender related-canimpede economic growth. Using dynamic panel regressions and new time series data, this paperfinds that both income and gender inequalities, including from legal gender-based restrictions, arejointly...

We document the evolution of poverty and inequality across Indian states during the recent period of rapid growth (2004-09), and examine the role of growth and distribution in reducing poverty. Robust economic growth has been a major driver of poverty reduction and inclusiveness in India. We...

Thailand stands out in international comparison as a country with a high dispersion of productivity across sectors. It has especially low labor productivity in agriculture - a sector that employs a much larger share of the population than is typical for a country at Thailand's level of income....

Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...

Deutschland ist angeblich Exportweltmeister und Schlußlicht beim europäischen Wachstum. Das Land kämpft mit einer wachsenden Massenarbeitslosigkeit und beobachtet fassungslos die fortschreitende Verlagerung industrieller Arbeitsplätze in Niedriglohnländer. Die Angst der Bevölkerung...

This paper focusses on income inequality in Asia, its drivers and policies to combat it. It finds that income inequality has risen in most of Asia, in contrast to many regions. While in the past, rapid growth in Asia has come with equitable distribution of the gains, more recently fast-growing...

This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and GDP growth in India. We collect data on a sample of 14 Indian states over the period 1989-2013, and use the cross-sectionally augmented distributed lag (CSDL)approach of Chudik et...

Für einzelne Länder ist es von Interesse zu erfahren, ob ihre institutionellen Regelungen Eigenschaften aufweisen, mit denen erfahrungsgemäß ein hohes Wachstum des Pro-Kopf-Einkommens erreicht werden kann. Eine solche Einschätzung kann mit dem Institutionenindex vorgenommen werden, der vom...