Showing 1 - 10 of 17
This paper assesses Germany's external competitive position from several angles. It first examines movements in several real exchange rate indices. The analysis of competitiveness is then supplemented by using the so-called constant market share approach, and finally by examining briefly both...
Persistent link: https://www.econbiz.de/10014398004
This paper compiles the Intertemporal Public Sector Balance Sheets for all G7 countries and examines their relationship with government borrowing costs. In 2018, all G7 countries have negative Intertemporal Net Financial Worth (INFW), falling short of their intertemporal budget constraint. A...
Persistent link: https://www.econbiz.de/10012613501
effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and …
Persistent link: https://www.econbiz.de/10012667511
.S., Canada, Australia and Germany. It finds that, as for central governments, fiscal fundamentals matter in the pricing of risk …
Persistent link: https://www.econbiz.de/10011374734
This paper reexamines some unsettled theoretical and empirical issues regarding the relationship between nominal exchange rates and interest rate differentials and provides a model for the behavior of exchange rates in the long run, where interest rates are determined in the bond market. The...
Persistent link: https://www.econbiz.de/10014400414
This paper studies stylized business cycle properties of household production in four industrialized countries (Canada …
Persistent link: https://www.econbiz.de/10014400537
, Canada, Germany, the United Kingdom, and the United States …
Persistent link: https://www.econbiz.de/10014401199
Chile, the United States, Canada, Australia, New Zealand, and five European countries. Overall, Chile''s pass-through does …
Persistent link: https://www.econbiz.de/10014399635
We study the properties of a test that determines whether two time series comove. The test computes a simple nonparametric statistic for “concordance,” which describes the proportion of time that the cycles of two series spend in the same phase. We establish the size and power properties of...
Persistent link: https://www.econbiz.de/10014399826
relationship between total regional saving and investment is significantly negative in Canada and the United Kingdom, in contrast … is negative in Canada which suggests that capital is mobile for individuals. The relationship between retained earnings … and private investment is significantly positive in the U.K. and Canada suggesting capital immobility for firms but a test …
Persistent link: https://www.econbiz.de/10014398181