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Fear of Service Outsourcing : Is it Justified?

Amiti, Mary - 2004

The recent media and political attention on service outsourcing from developed to developing countries gives the … impression that outsourcing is exploding. As a result, workers in industrial countries are anxious about job losses. This paper … aims to establish what are the hypes and what are the facts. The results show that although service outsourcing has been …

Persistent link: https://www.econbiz.de/10014402045

Modeling optimal fiscal consolidation paths in a selection of European countries

Kanda, Daniel - 2011

Persistent link: https://www.econbiz.de/10009424829

The impact of legislation on credit risk : comparative evidence from the United States, the United Kingdom and Germany

Schmieder, Christian; Schmieder, Philipp - 2011

Persistent link: https://www.econbiz.de/10009486196

Fiscal expectations under the Stability and Growth Pact : evidence from survey data

Poplawski-Ribeiro, Marcos; Ruelke, Jan-Christoph - 2011

Persistent link: https://www.econbiz.de/10009487131

Do lenders make less-informed investments in high-growth housing markets?

Chen, Sophia; Ratnovski, Lev; Sun, Yangfan - 2021

Nonlocal mortgage lenders with greater exposure to high-growth housing markets accept fewer loan applications in these markets and experience greater stock return volatility. When these lenders expand to high-growth markets, they also ration credit to a significantly greater degree than when...

Persistent link: https://www.econbiz.de/10012612342

The cost of future policy : intertemporal public sector balance sheets in the G7

Koshima, Yugo; Harris, Jason; Tieman, Alexander F.; … - 2021

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

Shock from graying : is the demographic shift weakening monetary policy effectiveness

Imam, Patrick - 2013

Abstract Empirical evidence is mounting that, in advanced economies, changes in monetary policy have a more benign impact on the economy—given better anchored inflation expectations and inflation being less responsive to variation in unemployment—compared to the past. We examine another...

Persistent link: https://www.econbiz.de/10012667511

Inflation and Activity – Two Explorations and their Monetary Policy Implications

Blanchard, Olivier - 2015

We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and...

Persistent link: https://www.econbiz.de/10012418077

Productivity growth and value chains in four European countries

Karpowicz, Izabela; Suphaphiphat, Nujin - 2020

Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis that is accompanied in recent years by a withdrawal from trade integration processes. We study the determinants of productivity slowdown over the past two decades in four...

Persistent link: https://www.econbiz.de/10012170132

Fiscal Expectations Under the Stability and Growth Pact : Evidence From Survey Data

Poplawski-Ribeiro, Marcos - 2011

The paper uses survey data to analyze whether financial market expectations on government budget deficits changed in France, Germany, Italy, and the United Kingdom during the period of the Stability and Growth Pact (SGP). Our findings indicate that accuracy of financial expert deficit forecasts...

Persistent link: https://www.econbiz.de/10014412192