Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10003308853
Persistent link: https://www.econbiz.de/10003956654
Persistent link: https://www.econbiz.de/10001219033
Persistent link: https://www.econbiz.de/10001451451
Persistent link: https://www.econbiz.de/10012122225
Summary In order to differentiate between unit root-persistence and structural break-hysteresis we estimate two types of cointegration models for West German employment. The standard model is compared with a model including structural breaks in the long-run relation between employment and its...
Persistent link: https://www.econbiz.de/10014608531
Zusammenfassung Die Zeitinkonsistenzliteratur sieht in einer hohen strukturellen Arbeitslosenrate die Hauptursache für eine hohe Inflationsrate. Eine Verringerung der gleichgewichtigen Arbeitslosigkeit und der inflationären Verzerrung erfordern aber fundamentale Reformen der...
Persistent link: https://www.econbiz.de/10014608728
Summary This study develops innovative measures of openness towards bilateral trade. The most widely applied openness indices are not able to accurately calculate the degree of trade openness. For example, the intra-regional export ratio which relates the value of exports of an integration area...
Persistent link: https://www.econbiz.de/10014609090
Summary The current financial crisis is often said to be caused by excessive liquidity and distorted incentives in the US subprime real estate sector. Taking this as a starting point, this paper analyzes the relation between house prices and credit respectively money growth between 1992 and 2006...
Persistent link: https://www.econbiz.de/10014609279
Persistent link: https://www.econbiz.de/10014609320