Showing 1 - 10 of 513
There have been many attempts to explain the unreasonably high correlation between domestic saving and investment rates … relating to capital mobility in conjunction with the saving-investment relationship. Ho (2003) first applied this method to the … saving-investment puzzle controlling for thresholds in country size. Extending this model, this paper reports a number of …
Persistent link: https://www.econbiz.de/10009151607
between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test for the … reciprocal relationship. The variable considered are: unemployment, inflation, consumptions, investments and current accounts. We … relationship between unemployment and the Government deficit, e) we show the existence of a relationship between unemployment and …
Persistent link: https://www.econbiz.de/10011261122
The ‘lost decade’ in Japan was a period of steep surge in unemployment. It started in 1991 with the unemployment rate … macroeconomic perspective and estimate a reduced-form unemployment model. This model, containing a rich set of variables, yields an … interesting picture. The fall of private investment played the main role, while private consumption and the boost in government …
Persistent link: https://www.econbiz.de/10005078653
multiequational model, in which we estimate a consumption function, an investment function and an unemployment rate equation, using a …In this paper we analyse the consequences of changes in the consumption patterns on unemployment through an … intermediate channel via investment. Specifically, after presenting our theoretical framework, we build a dynamic econometric …
Persistent link: https://www.econbiz.de/10011112096
investment is complimentary but insignificant. This weak relationship explains the fact that domestic investment performance is …
Persistent link: https://www.econbiz.de/10011110391
This paper evaluates the proposition that development of human capital can be instrumental in attracting FDI in developing countries by using fixed effects models on the panel data of 23 selected developing countries and 35 years (1970-2004). For the purpose, we employ two indicators of human...
Persistent link: https://www.econbiz.de/10011111951
This paper estimates the possible effects of offshoring on Japanese employment. Both the positive and negative effects are here considered as a result of both the offshoring of production (or materials) and services. My main finding is that the net amount of jobs lost to offshoring during the...
Persistent link: https://www.econbiz.de/10005087519
The paper studies the short run and long run effects of a production subsidy to the tourism sector of a small open economy, which can also be thought as a region within a country. We introduce a two-sector dynamic general equilibrium model where the tourism sector is considered to be...
Persistent link: https://www.econbiz.de/10005037720
This articple presents a historical macroeconomic perspective to present a brief analysis on why the Philippines is performing the way it does today.
Persistent link: https://www.econbiz.de/10011111014
This paper examines the degree of capital mobility in the countries of the Caucasus. We employ a simple model developed in the seminal paper by Feldstein and Horioka (1980). First, we estimate the model using conventional time-series econometrics in order to capture the short-run dynamics. Then,...
Persistent link: https://www.econbiz.de/10011260791