Showing 1 - 10 of 1,117
Can green growth policies help protect the environment while keeping the industry growing and infrastructure expanding? This study applies Auto-Regressive Distributed Lag (ARDL) method on the 50-years' time series data, from 1967 to 2015, of Kitakyushu City, Japan, and found mixed evidence for...
Persistent link: https://www.econbiz.de/10012865070
Recent studies on the growth effects of exchange rate regimes offer a wide range of different, sometimes contradictory results. In this paper, we systematically compare three prominent contributions in this field. Using a common data set, a common specification, and common estimation methods, we...
Persistent link: https://www.econbiz.de/10011430062
We use a mean-adjusted Bayesian VAR model as an out-of-sample forecasting tool to test whether money growth Granger-causes inflation in the euro area. Based on data from 1970 to 2006 and forecasting horizons of up to 12 quarters, there is surprisingly strong evidence that including money...
Persistent link: https://www.econbiz.de/10010321554
ergeben sich aus dem Wirtschaftswachstum und manifestieren sich in der erweiterten Fiskalbasis... …
Persistent link: https://www.econbiz.de/10005857006
China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric … techniques for panel unit root testing and heterogeneous panel cointegration analysis are employed. The empirical results provide … clear support of a stable long-run relationship between housing investment, non-housing investment and GDP in China. We then …
Persistent link: https://www.econbiz.de/10010321479
capita GDP and a second wave in countries with higher per capita incomes. The first wave appears to be made up primarily of …
Persistent link: https://www.econbiz.de/10011807641
The Czech banking system is seen by many observers to be the most successful of all former socialist economies'. But …? Using data from the Czech National Bank and data on individual Czech banks, I find evidence that in 1995 banks are provided … portfolio switch and find that the central bank instituted a monetary tightening during a regime of fixed exchange rates and …
Persistent link: https://www.econbiz.de/10011430003
This paper builds a new dataset on bank ownership and bank performance covering approximately 50,000 observations for … 119 countries over the 1995-2002 period. The paper then uses the dataset to reassess the relationship between bank … ownership and bank performance, providing separated estimations for developing and industrial countries. It is found that, while …
Persistent link: https://www.econbiz.de/10010327143
negative shock to foreign real GDP growth. …
Persistent link: https://www.econbiz.de/10013370122
In this paper I evaluate inflation targeting for ten countries. The evaluation is based on unconditional as well as conditional measures of the variance of inflation around target. With strict inflation targeting, expectations of the future deviation from target given information about the...
Persistent link: https://www.econbiz.de/10010321410