Showing 1 - 10 of 19
Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …
Persistent link: https://www.econbiz.de/10010496054
Persistent link: https://www.econbiz.de/10014515808
growth rate of R&D spending, as well as lower R&D intensity and share of R&D investment in total investment during periods of …
Persistent link: https://www.econbiz.de/10012137482
Persistent link: https://www.econbiz.de/10011586309
We document the presence of sizable distributional effects from unexpected price level movements in the Euro Area (EA) using sectoral accounts and newly available data from the Household Finance and Consumption Survey. The EA as a whole is a net winner of unexpected price level increases, with...
Persistent link: https://www.econbiz.de/10011490481
We study the distributional consequences of housing price, bond price and equity price increases for Euro Area households using data from the Household Finance and Consumption Survey (HFCS). The capital gains from bond price and equity price increases turn out to be concentrated among relatively...
Persistent link: https://www.econbiz.de/10011491938
Drawing from the formal setting of the optimal tax theory (Mirrlees 1971), the paper identifies the level of Rawlsianism of some European social planner starting from the observation of the real data and redistribution systems and uses it to build a metric that allows measuring the degree of...
Persistent link: https://www.econbiz.de/10009723861
Persistent link: https://www.econbiz.de/10013184498
Persistent link: https://www.econbiz.de/10013184519
Persistent link: https://www.econbiz.de/10013187210