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Luftverkehr : Eine ökonomische und politische Einführung

Pompl, Wilhelm (contributor) - 2007 - Fünfte, überarbeitete Auflage

Dieses Standardwerk zum Luftverkehr (Fachzeitschrift FVW International), das auch in chinesischer und ungarischer … Personenluftverkehrs. Es ist für alle geschrieben, die sich als Studierende oder Praktiker des Tourismus mit dem Luftverkehr befassen. Der … Angebotsstrukturen wird so das komplexe System Luftverkehr verständlich gemacht. …

Persistent link: https://www.econbiz.de/10014014193

The impact of monetary union on trade prices

Anderton, Robert; Baldwin, Richard E.; Taglioni, Daria - 2003

Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...

Persistent link: https://www.econbiz.de/10009635969

Option-implied asymmetries in bond market expectations around monetary policy actions of the ECB

Vähämaa, Sami - 2004

This paper uses data on German government bond futures options to examine the behaviour of market expectations around monetary policy actions of the European Central Bank (ECB). In particular, this paper focuses on the asymmetries in bond market expectations, as measured by the skewness of...

Persistent link: https://www.econbiz.de/10009636538

Economic growth and budgetary components : a panel assessment for the EU

Afonso, António (contributor); … - 2008

In this paper we test whether a reallocation of government budget items can enhance long-term GDP growth in a set of European countries. We apply modern panel data techniques to the period 1970-2006, and we use three alternative dependent variables in a growth regression: economic growth, total...

Persistent link: https://www.econbiz.de/10003636014

Government size, composition, volatility and economic growth

Afonso, António (contributor); Furceri, Davide (contributor) - 2008

This paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD and EU countries. The results of the paper suggest that both variables are detrimental to growth. In particular, looking more closely at the effect of each component of government...

Persistent link: https://www.econbiz.de/10003636033

The German block of the ESCB multi-country model

Vetlov, Igor (contributor); Warmedinger, Thomas (contributor) - 2006

The paper presents the German block of the ESCB multi-country model. It builds on previous modelling work on the Area Wide Model and other country blocks of the ESCB multicountry-model. Whilst being analogous to these models in following a common modelling approach and the same theoretical...

Persistent link: https://www.econbiz.de/10003358598

Business cycles in the euro area

Giannone, Domenico; Lenza, Michele; Reichlin, Lucrezia - 2009

This paper shows that the EMU has not affected historical characteristics of member countries' business cycles and their cross-correlations. Member countries which had similar levels of GDP per-capita in the seventies have also experienced similar business cycles since then and no significant...

Persistent link: https://www.econbiz.de/10003831782

Short-term forecasts of euro area GDP growth

Angelini, Elena; Camba-Méndez, Gonzalo; Giannone, Domenico - 2008

This paper evaluates models that exploit timely monthly releases to compute early estimates of current quarter GDP (now-casting) in the euro area. We compare traditional methods used at institutions with a new method proposed by Giannone, Reichlin, and Small (2005). The method consists in...

Persistent link: https://www.econbiz.de/10003794044

Early estimates of euro area real GDP growth : a bottom up approach from the production side

Hahn, Elke; Skudelny, Frauke - 2008

This paper derives forecasts for euro area real GDP growth based on a bottom up approach from the production side. That is, GDP is forecast via the forecasts of value added across the different branches of activity, which is quite new in the literature. Linear regression models in the form of...

Persistent link: https://www.econbiz.de/10003825975

Futures contract rates as monetary policy forecasts

Ferrero, Giuseppe; Nobili, Andrea - 2008

The prices of futures contracts on short-term interest rates are commonly used by central banks to gauge market expectations concerning monetary policy decisions. Excess returns - the difference between futures rates and the realized rates - are positive, on average, and statistically...

Persistent link: https://www.econbiz.de/10003826011

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