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-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
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
Persistent link: https://www.econbiz.de/10001670883
We use Bayesian time-varying parameters VARs with stochastic volatility to investigate changes in the marginal predictive content of the yield spread for output growth in the United States and the United Kingdom, since the Gold Standard era, and in the Eurozone, Canada, and Australia over the...
Persistent link: https://www.econbiz.de/10003516698
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
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
We use a new approach to assess long-term fiscal developments. By analyzing the time varying behaviour of the two components of government spending and revenue responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...
Persistent link: https://www.econbiz.de/10003832368
decentralization ; European Union ; panel Data …
Persistent link: https://www.econbiz.de/10003866536
the period 1980-2006, and one on the individual euro area countries from1995-2006, using panel data techniques. The impact …, the panel estimation yields somewhat lower results (0.6 to 1.1 cents). The MPC out of nominal housing wealth lies between … effect of volatile house prices, we find similar effects in the times series estimation while the MPC is larger in the panel …
Persistent link: https://www.econbiz.de/10003866560