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The Employment Cycles of Neighboring Cities
Wall, Howard J. - 2011
This paper examines the spatial interaction of neighboring cities over their employment cycles. The cycles of neighboring cities tend to be more similar to one another than are those of non-neighboring cities, although this is due primarily to neighbors' tendency to be in the same state. In...
Persistent link: https://www.econbiz.de/10013126966
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Business Cycle Synchronisation in EU : A Time-Varying Approach
Degiannakis, Stavros Antonios - 2018
This paper investigates the time-varying correlation between the EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model frameworks for the period 1980-2012. The paper provides evidence that changes in the business cycle...
Persistent link: https://www.econbiz.de/10012910120
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Did Greenspan Open Pandora's Box? Testing the Taylor Hypothesis and Beyond
Palma, Nuno - Volkswirtschaftliche Fakultät, … - 2013
The Taylor hypothesis is the conjecture that the 2007-2009 financial crisis and the 2008-present downturn have been caused by loose monetary policy during 2002-2006. According to the Taylor hypothesis the Fed deviated from well-know rules of monetary policy-making over this period, and this...
Persistent link: https://www.econbiz.de/10011107274
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Integration, decoupling and the global financial crisis: A global perspective
Miankhel, Adil Khan; Kalirajan, Kaliappa; Thangavelu, … - Volkswirtschaftliche Fakultät, … - 2010
The recent global recession requires policy makers to identify the relative importance of shock transmission mechanisms in each region and devise counter policy measures against future idiosyncratic shocks. In the last decade, world dynamics have changed considerably due to increased openness...
Persistent link: https://www.econbiz.de/10008533255
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Mending the Meltdown: Fending off the Interventions and Resurrecting the Market
Raj, Madhusudan - Volkswirtschaftliche Fakultät, … - 2008
This paper gives an Austrian economics answer to the present world economic crisis. It uses the Austrian Business Cycle Theory to analyze the root causes of this crisis and then presents the real solution of this problem.
Persistent link: https://www.econbiz.de/10005055514
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Impact of Economic Crisis on Innovation Behaviour of Industrial Firms In Russia
Kuznetsov, Boris - 2013
The paper focuses on empirical analysis of major factors that determine innovation activities of Russian manufacturing firms during the crisis. We presume that the crisis has ambiguous effects on firms' behaviour, on one hand limiting their financial capabilities to invest into new products...
Persistent link: https://www.econbiz.de/10013082604
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Exports Margins in Austria’s Export Growth
Türkcan, Kemal - Volkswirtschaftliche Fakultät, … - 2014
determinants of countries’ trade patterns. Considering the case of Austria, the present paper uses detailed bilateral export data … margins to Austria’s export performance. Intensive margin are further decomposed into price and quantity margins in order to … decomposition method of export growth rates by Bingzhan (2011). Results show that the intensive margin is key driver of Austria …
Persistent link: https://www.econbiz.de/10011260823
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Enterprise performance, privatization and the role of ownership in Austria
Tatahi, Motasam - Volkswirtschaftliche Fakultät, … - 2010
performances of private, public and mixed enterprises in Austria is compared through the use of factor analysis method. The …
Persistent link: https://www.econbiz.de/10008743009
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Inflation, unemployment, and labour force. Phillips curves and long-term projections for Austria
Kitov, Ivan - Volkswirtschaftliche Fakultät, … - 2013
We model the rate of inflation and unemployment in Austria since the early 1960s within the Phillips/Fisher framework …. The change in labour force is the driving force representing economic activity in the Phillips curve. For Austria, this … power of the link between inflation and labour force imply that the National Bank of Austria does not control inflation and …
Persistent link: https://www.econbiz.de/10011110150
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Austrian-style gasoline price regulation: How it may backfire
Obradovits, Martin - Volkswirtschaftliche Fakultät, … - 2012
In January 2011, a price regulation was established in the Austrian gasoline market which prohibits firms from raising their prices more than once per day. Similar restrictions have been discussed in New York State and Germany. Despite their intuitive appeal, this article argues that...
Persistent link: https://www.econbiz.de/10011110791