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Income differences and input-output structure

Fadinger, Harald; Ghiglino, Christian; Teteryatnikova, … - 2015

We consider a multi-sector general equilibrium model with IO linkages, sector-specific productivities and tax rates. Using tools from network theory, we investigate how the IO structure interacts with productivities and taxes in the determination of aggregate income. We show that aggregate...

Persistent link: https://www.econbiz.de/10011491913

Automation, new technology and non-homothetic preferences

Struck, Clemens C.; Velic, Adnan - 2019

To rationalize a substantial income share of labor despite progressive task automation over the centuries, we present a simple model in which demand moves along a vertically differentiated production structure toward goods of increasing sophistication. Automation of more sophisticated goods...

Persistent link: https://www.econbiz.de/10012012963

Growth and structural changes in transition countries : the chicken or the egg?

Olczyk, Magdalena; Kordalska, Aleksandra - 2018

The theoretical analysis of structural changes in the context of economic growth has a long tradition. However, studies which analyze the empirical relationship between these two economic categories are still very rare. In the literature, whether growth causes structural changes or the other way...

Persistent link: https://www.econbiz.de/10011844751

Europe's long-term growth prospects : with and without structural reforms

McQuinn, Kieran; Whelan, Karl - 2015

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-1990s onwards, fallen significantly behind. Using...

Persistent link: https://www.econbiz.de/10010496054

Reshaping financial systems : new technologies and financial innovations - evidence from the United States, Mexico and Brazil

Lechman, Ewa; Marszk, Adam - 2014

The paper unveils whether ICT diffusion determines development of financial innovation in emerging economies. Particularly, we examine the impact of ICT adoption on changing values of exchange traded funds in Brazil and Mexico, comparing it to the United States as reference country (benchmark)....

Persistent link: https://www.econbiz.de/10011802118

Financial markets diffusion patterns : the case of Mexican investment funds

Marszk, Adam; Lechman, Ewa; Kaur, Harleen - 2016

Exchange traded funds (ETFs) are one of the most influential financial innovations, reshaping the investment funds market in many countries, including Mexico. Due to their similar investment objectives, ETFs are considered substitutes for mutual funds. This paper examines the changes of the...

Persistent link: https://www.econbiz.de/10011802278

Growth and predictability of urban housing rents

Eichholtz, Piet; Korevaar, Matthijs; Lindenthal, Thies - 2022

Persistent link: https://www.econbiz.de/10013270167

Does public debt produce a crowding out effect for public investment in the EU?

Picarelli, Mattia; Vanlaer, Willem; Marneffe, Wim - 2019

Persistent link: https://www.econbiz.de/10012060291

Non-tariff barriers, enforcement, and revenues : the use of anti-dumping as a revenue generating trade policy

Bagayev, Igor; Davies, Ronald B.; Hatzipanayotou, Panos; … - 2017

greater enforcement challenges with the exporter specific anti-dumping relative to broad-based tariffs. We examine this by … effects are larger for countries with greater policy enforcement, especially in low income countries. Although the results are … somewhat sensitive to the measure of enforcement, our overall findings indicate that for countries with weak enforcement …

Persistent link: https://www.econbiz.de/10011618393

Financial market enforcement in France

Batz, Laure de - 2022 - This version: January 2022

This paper puts into perspective enforcement as conducted by the French Financial Market Authority since its creation … markets also contribute to challenge enforcement. The ultimate goal of this survey is to fuel regulatory debates on how to …

Persistent link: https://www.econbiz.de/10014533580

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