Showing 1 - 10 of 29
The Chinese economic development affects GDP growth and inflation in the advanced countries. A GVAR approach is used to … and Japan. For robustness, the results are compared to those obtained by leading structural econometric models, such as … effects to the US and the euro area responses are much lower and decrease due to rising inflation pressure. The analysis also …
Persistent link: https://www.econbiz.de/10010856800
In this paper, the authors construct country-specific chronologies of the house price bubbles for 12 OECD countries over the period 1969:Q1-2009:Q4. These chronologies are obtained using a combination of a fundamental approach and a filter approach. The resulting speculative bubble chronology is...
Persistent link: https://www.econbiz.de/10010954732
In this paper, the authors construct country-specific chronologies of house price bubbles for 12 OECD countries over the period 1969:Q1-2009:Q4. These chronologies are obtained using a combination of fundamental and filter approaches. The resulting speculative bubble chronology is the one...
Persistent link: https://www.econbiz.de/10010956072
projection, real GDP is estimated to grow by 1.5 percent in 2014, by 1.4 percent in 2015 and by 1.7 percent in 2016. Inflation is … expected to be 3.4 percent in 2014, 3.8 percent in 2015 and 3.9 percent in 2016. Inflation is predicted to linger between a …
Persistent link: https://www.econbiz.de/10011261769
The Chinese economic development affects GDP growth and inflation in the advanced countries. The size of the effects is … euro area and Japan. Evidence is based on the responses to a Chinese GDP shock, which is traced to the recent fiscal … advanced economies is substantial especially for Japan. Real economic effects to the US and the euro area responses are much …
Persistent link: https://www.econbiz.de/10010753351
In this paper, the framework of the aggregated Beveridge curve is used to investigate the effectiveness of the job matching process using German regional labour market data. For a fixed matching technology, the Beveridge curve postulates a negative relationship between the unemployment rate and...
Persistent link: https://www.econbiz.de/10005822642
Following an unprecedented contraction in GDP, the German economy returns to expansion. Growth will be modest in 2010, however, as the forces of the recovery are not yet stable. This is the key result of the Autumn outlook of the German Institute for Economic Research (DIW). DIW expects...
Persistent link: https://www.econbiz.de/10008527293
The economic performance in the euro area and in particular in Germany has been rather weak over the recent past. Despite the cyclical upturn of the world economy domestic demand and private consumption have grown only modestly. The path of private consumption depends on the evolution of...
Persistent link: https://www.econbiz.de/10005089661
decline significantly this year, but will only be fully closed in the coming year. Inflation will remain low in this … global economy ought to accelerate again. Over time, the continuing low rate of inflation and the gradually improving … Inflation niedrig. Die weltwirtschaftliche Dynamik schwächte sich im Schlussquartal 2013 leicht ab. Dabei konnten die …
Persistent link: https://www.econbiz.de/10011128247
expected to rise by about three percent in both 2013 and 2014. With inflation remaining below two percent, consumer purchasing … Prozent merklich steigen. Die Inflation bleibt in Deutschland unter zwei Prozent, so dass sich spürbare Kaufkraftgewinne bei …
Persistent link: https://www.econbiz.de/10011128251