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Macroeconomic rates of return of public and private investment : crowding-in and crowding-out effects
Afonso, António (contributor);  … - 2008
Using annual data from 14 European Union countries, plus Canada, Japan and the United States, we evaluate the …
Persistent link: https://www.econbiz.de/10003747969
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Investigating time-variation in the marginal predictive power of the yield spread
Benati, Luca (contributor);  … - 2007
, and in the Eurozone, Canada, and Australia over the post-WWII period. Overall, our evidence does not provide much support …
Persistent link: https://www.econbiz.de/10003516698
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Country and sector-specific spillover effects in the euro area, the United States and Japan
Kaltenhaeuser, Bernd - 2003
United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects …
Persistent link: https://www.econbiz.de/10009635881
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US, Japan and the euro area
McAdam, Peter - 2003
There has been much discussion of the differences in macroeconomic performance and prospects between the US, Japan and …, Japan and the euro area appear quite distinct. Documenting and comparing such international business-cycle features can aid …
Persistent link: https://www.econbiz.de/10009635889
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The behaviour of the real exchange rate : evidence from regression quantiles
Nikolaou, Kleopatra (contributor) - 2006
We test for mean reversion in real exchange rates using a recently developed unit root test for non-normal processes based on quantile autoregression inference in semi-parametric and non-parametric settings. The quantile regression approach allows us to directly capture the impact of different...
Persistent link: https://www.econbiz.de/10003358655
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Institutional features of wage bargaining in 23 European countries, the US and Japan
Du Caju, Philip; Gautier, Erwan; Momferatou, Daphne; … - 2008
countries, plus the US and Japan. Main findings include a high degree of regulation in wage setting in most countries. Although …
Persistent link: https://www.econbiz.de/10003825968
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A new approach to measuring competition in the loan markets of the euro area
Leuvensteijn, Michiel van; Bikker, Jacob A.; Rixtel, … - 2007
on the lending markets in the five major EU countries as well as, for comparison, the UK, the US and Japan. Bearing the …
Persistent link: https://www.econbiz.de/10003484173
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The Eurosystem, the US Federal Reserve and the Bank of Japan : similarities and differences
Gerdesmeier, Dieter (contributor);  … - 2007
The paper provides a systematic comparison of the Eurosystem, the US Federal Reserve and the Bank of Japan. These …
Persistent link: https://www.econbiz.de/10003456409
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Unconventional monetary policy and the great recession : estimating the impact of a compression in the yield spread at the zero lower bound
Baumeister, Christiane; Benati, Luca - 2010
area, Japan, and U.K.) a compression in the long-term yield spread exerts a powerful effect on both output growth and …
Persistent link: https://www.econbiz.de/10008688522
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How successful are exchange rate communication and interventions? : Evidence from time-series and event-study approaches
Fratzscher, Marcel (contributor) - 2005
The paper analyses whether communication and actual interventions in FX markets are successful in moving exchange rates over the medium- to long-run. It compares empirical evidence based on time-series analysis with that obtained from an eventstudy approach. Both the time-series approach based...
Persistent link: https://www.econbiz.de/10003117214