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Monetary Policy and Performance in the U.S., Japan and Europe, 1973-86
Fischer, Stanley - 2007
Monetary policies in the U.S., Japan, Germany and the United Kingdom over the period 1973-1986 are compared and evaluated, with the aim of drawing lessons for monetary policy from the recent historical record. All four countries shifted during this period to money targeting, though with...
Persistent link: https://www.econbiz.de/10012777224
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The International Linkage of Real Interest Rates : the European - U.S. Connection
Cumby, Robert E.; Mishkin, Frederic S. - 2021
rates has been widespread in the analyses by economic policymakers both in Europe and in the United States. In this paper we … been raised by the recent policy debates in Europe and the United States: Have ex ante real rates in the United States and … Europe been high during recent years? Has there been a link between U.S. real rates and those in other countries? Can this …
Persistent link: https://www.econbiz.de/10013313673
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A New Measure of Utilization-Adjusted TFP Growth for Europe and the United States
Comin, Diego; Quintana, Javier; Schmitz, Tom; Trigari, … - 2022
utilization. These novelties have a major impact, especially in Europe, where our estimated TFP growth series are less volatile …-level and aggregate TFP series, as well as the first estimates of utilization-adjusted quarterly TFP growth in Europe …
Persistent link: https://www.econbiz.de/10014091114
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Clans, Guilds, and Markets : Apprenticeship Institutions and Growth in the Pre-Industrial Economy
de la Croix, David - 2016
In the centuries leading up to the Industrial Revolution, Western Europe gradually pulled ahead of other world regions … explain the rise of Europe relative to regions that relied on the transmission of knowledge within extended families or clans …
Persistent link: https://www.econbiz.de/10012995522
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Immigration, Jobs and Employment Protection : Evidence from Europe
D’Amuri, Francesco - 2011
In this paper we analyze the effect of immigrants on native jobs in fourteen Western European countries. We test whether the inflow of immigrants in the period 1996-2007 decreased employment rates and/or if it altered the occupational distribution of natives with similar education and age. We...
Persistent link: https://www.econbiz.de/10013123669
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How to Construct Nationally Representative Firm Level Data from the ORBIS Global Database : New Facts and Aggregate Implications
Kalemli-Ozcan, Sebnem - 2015
We construct representative firm-level longitudinal data for twenty-seven European countries using financial statements from the Orbis global database, providing a “how-to” guide on the construction. We validate our dataset by comparing its aggregate coverage to official statistics and...
Persistent link: https://www.econbiz.de/10013015543
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Institutions, Capital Constraints and Entrepreneurial Firm Dynamics : Evidence from Europe
Desai, Mihir A. - 2014
We explore the impact of the institutional environment on the nature of entrepreneurial activity across Europe … activity in the emerging markets of Europe, but not in the more mature economies of Europe. Greater fairness and greater …
Persistent link: https://www.econbiz.de/10012752694
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A New Look at the U.S. Foreclosure Crisis : Panel Data Evidence of Prime and Subprime Borrowers from 1997 to 2012
Ferreira, Fernando V. - 2015
Utilizing new panel micro data on the ownership sequences of all types of borrowers from 1997-2012 leads to a …
Persistent link: https://www.econbiz.de/10013021028
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Disparities in Vulnerability to Severe Complications from Covid-19 in the United States
Wiemers, Emily - 2020
-19 overall and across race-ethnicity and socioeconomic status. We use the Panel Study of Income Dynamics (PSID) to …
Persistent link: https://www.econbiz.de/10012831847
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Entry Regulation as a Barrier to Entrepreneurship
Klapper, Leora F. - 2004
Using a comprehensive database of European firms, we study the effect of market entry regulations on the creation of new limited-liability firms, the average size of entrants, and the growth of incumbent firms. We find that costly regulations hamper the creation of new firms, especially in...
Persistent link: https://www.econbiz.de/10012785782