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Here Comes the Change : The Role of Global and Domestic Factors in Post-Pandemic Inflation in Europe
Binici, Mahir; Centorrino, Samuele; Cevik, Serhan; … - 2022
Global inflation has surged to 7.5 percent in August 2022, from an average of 2.1 percent in the decade preceding the COVID-19 pandemic, threatening to become an entrenched phenomenon. This paper disentangles the confluence of contributing factors to the post-pandemic rise in consumer price...
Persistent link: https://www.econbiz.de/10014264538
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Global Bonding : Do U.S. Bond and Equity Spillovers Dominate Global Financial Markets?
Bayoumi, Tamim - 2013
This paper uses a novel variant of identification through hetroscedacity to estimate spillovers across U.S., Euro area, Japanese, and UK government bond and equity markets in a vector autoregression. The results suggest that U.S. financial shocks reverberate around the world much more strongly...
Persistent link: https://www.econbiz.de/10013084151
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Impact of Structural Reforms on Productivity Growth in Industrial Countries
Salgado, Ranil - 2021
This paper investigates the impact of structural reforms on productivity growth. A panel analysis of 20 OECD countries … finds that the impact of structural reforms on productivity growth may be weak or negative in the short run, possibly due to … run, however, structural reforms are found to have significantly positive effects on productivity growth …
Persistent link: https://www.econbiz.de/10013317962
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Productivity Growth, Technological Convergence, R&D, Trade, and Labor Markets : Evidence from the French Manufacturing Sector
Khan, Tehmina S. - 2021
Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during … indicate that sectors further behind the technological frontier experience faster productivity growth and that spending on …
Persistent link: https://www.econbiz.de/10013317383
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Feer for the Cfa Franc
Abdih, Yasser - 2006
, government consumption, and productivity improvements causing the exchange rate to appreciate, and increases in investment and …
Persistent link: https://www.econbiz.de/10012779100
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China : Sources of Real Exchange Rate Fluctuations
Wang, Tao - 2006
This paper reviews the evolution of China`s real effective exchange rate between 1980 and 2002, and uses a structural vector autoregression model to study the relative importance of different types of macroeconomic shocks for fluctuations in the real exchange rate. The structural decomposition...
Persistent link: https://www.econbiz.de/10012783233
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Macroeconomic Consequences of Tariffs
Furceri, Davide - 2019
, to economically and statistically significant declines in domestic output and productivity. Tariff increases also result …. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies …
Persistent link: https://www.econbiz.de/10012892898
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The Level of Productivity in Traded and Non-Traded Sectors for a Large Panel of Countries
Mano, Rui C. - 2015
This paper explains in detail the construction of series for productivity in the traded and nontraded sectors for a … panel of 56 countries spanning 1989–2012. The level of productivity in each sector is defined as real value added per worker … more disaggregated industry source data; and (ii) it allows for meaningful comparisons of the level of productivity across …
Persistent link: https://www.econbiz.de/10013025482
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Economic Fluctuations in Sub-Saharan Africa
Melina, Giovanni - 2019
We compare business cycle fluctuations in Sub-Saharan African (SSA) countries vis-à-vis the rest of the world. Our main results are as follows: (i) African economies stand out by their macroeconomic volatility, which is is reflected in the volatility of output and other macro variables; (ii)...
Persistent link: https://www.econbiz.de/10012864121
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Digital Connectivity in Sub-Saharan Africa : A Comparative Perspective
Alper, C. Emre - 2020
Higher digital connectivity is expected to bring opportunities to leapfrog development in sub-Saharan Africa (SSA). Experience within the region demonstrates that if there is an adequate digital infrastructure and a supportive business environment, new forms of business spring up and create jobs...
Persistent link: https://www.econbiz.de/10012846908