Showing 1 - 10 of 573
Adverse shocks to rich countries often have a large and persistent negative impact on investment and output in developing countries. This paper examines a transmission mechanism that can account for this stylized fact. The mechanism is based on the existence of international financial frictions....
Persistent link: https://www.econbiz.de/10012976389
This paper examines changes in bank capital and capital regulations since the global financial crisis, in the Europe … and Central Asia region. It shows that banks in Europe and Central Asia are better capitalized, as measured by regulatory … of the definition of Tier 1 capital and reduction in risk-weights. Further analyses show that bank risk in Europe and …
Persistent link: https://www.econbiz.de/10012842628
Earnings inequality and job polarization have increased significantly in several countries since the early 1990s. Using data from European countries covering a 20-year period, this paper provides new evidence that the decline of middle-skilled occupations and the simultaneous increase of high-...
Persistent link: https://www.econbiz.de/10012907421
and health, save for retirement, capitalize on business opportunities, and confront shocks. In the Europe and Central Asia …
Persistent link: https://www.econbiz.de/10012871741
, and Retirement in Europe are utilized to shed light on the main factors behind the likelihood and intensity of social … Scandinavian countries and lowest in Southern Europe. The intensity of support follows an opposite North-South gradient. In …
Persistent link: https://www.econbiz.de/10012969260
Increasing fragmentation of production across borders is changing the nature of international competition. As a result, conventional indicators of competitiveness based on gross exports are becoming less informative and new measures are needed. This paper proposes an ex-post accounting framework...
Persistent link: https://www.econbiz.de/10012973344
This paper tests whether structural or firm-specific characteristics contributed more to (labor) productivity growth in the European Union between 2003 and 2008. It combines the Amadeus firm-level data on productivity and firm characteristics with country-level data describing regulatory...
Persistent link: https://www.econbiz.de/10012974449
employment decreases from South to West to East to North. However, working without a contract is more prevalent in Eastern Europe …-cyclical in Europe. The dependent informality rate is inversely related to skills (measured by either schooling or occupation …). Both in Southern and in Western Europe, the highest dependent informality rate is found among immigrants from Central and …
Persistent link: https://www.econbiz.de/10012975558
global supply chain. Has Europe's growth been benefiting from the ongoing globalization of services? Services dominate growth … region, Europe has maintained specialization in service exports. Service productivity, tradability, and exports of modern …
Persistent link: https://www.econbiz.de/10012975775
This paper assesses the extent to which debt overhang poses a constraint to economic activity in Emerging Europe, as … imbalance problem for Emerging Europe has been in most cases more one of flows (high current account deficits in the pre … relatively low in Emerging Europe. At the microeconomic level, the potential for debt overhang in the corporate sector is limited …
Persistent link: https://www.econbiz.de/10012975793