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Digitalisation can be described as a sequence of technology and supply shocks which affect the economy through employment and labour markets, productivity and output, and competition and market structure. This paper focuses on how digitalisation - the process of diffusion of digital technologies...
Persistent link: https://www.econbiz.de/10013271092
affect medium-term inflation, the primary objective of monetary policy. Using panel local projections for 48 advanced and … inflation in the near term, especially in EMEs. But over the medium term, the impact across the various price indices tends to …
Persistent link: https://www.econbiz.de/10012705523
explores implications for growth, innovation, inflation, financial markets, fiscal policy, and several socio-economic outcomes …, adjustment in energy markets, increased inflation variability, financial markets stress, intensified innovation, increased …
Persistent link: https://www.econbiz.de/10014230344
-growth nexus in two alternative empirical set-ups: the traditional cross-county panel regressions and mean group estimations. We …
Persistent link: https://www.econbiz.de/10011764407
Digitalisation may be viewed as a sequence of supply and technology shocks affecting the economy through productivity and output, employment and labour markets, competition and market structure. This paper focuses on the effects of digitalisation on economic growth, and how those effects may be...
Persistent link: https://www.econbiz.de/10013375211
mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel … ; panel analysis …
Persistent link: https://www.econbiz.de/10003983667
Persistent link: https://www.econbiz.de/10001792751
This paper develops composite indicators of financial integration within the euro area for both price-based and quantity-based indicators covering money, bond, equity and banking markets. Prior to aggregation, individual integration indicators are harmonised by applying the probability integral...
Persistent link: https://www.econbiz.de/10012104477
did not contribute to its exorbitant privilege. The econometric panel analysis also fails to find a robust positive …
Persistent link: https://www.econbiz.de/10003971137
returns from around the world. We then study how shocks to the factor affect economic activity in 36 advanced and emerging … small open economies by estimating local projections in a panel regression framework. We find the output responses to be …
Persistent link: https://www.econbiz.de/10011904378