Showing 1 - 10 of 3,717
Die vorliegende Studie wurde im Arbeitsbereich "Konjunktur und Finanzmärkte" erstellt und im Dezember 2005 abgeschlossen. Auftraggeber war das Bundesministerium der Finanzen. Gegenstand der Studie sind die Auswirkungen von Vermögenspreisschwankungen auf die gesamtwirtschaftliche Aktivität. In...
Persistent link: https://www.econbiz.de/10008791372
Based on new estimates of public and private capital stocks for 22 OECD countries we study the dynamic effect of public capital on the real gross domestic product using a vector autoregression approach. Whereas most former studies put effort on examining the effects of public capital in a single...
Persistent link: https://www.econbiz.de/10010991217
The issue of whether public capital is productive has received a great deal of recent attention. Yet, empirical analyses of public capital productivity have been limited to a small sample of countries for which official capital stock estimates are available. Building on a new database that...
Persistent link: https://www.econbiz.de/10005711366
We study the cointegration properties of data on aggregate output, five proxies for labor, two proxies for private …. When public capital is disaggregated by type there is less evidence for cointegration. Finally, innovations in public …
Persistent link: https://www.econbiz.de/10005542938
representation of the full cointegration space is found to facilitate the understanding of the interaction between the goods and the …
Persistent link: https://www.econbiz.de/10005543484
a financial cycle, followed by severe banking crises. Cointegration analysis and Granger causality tests suggest that …
Persistent link: https://www.econbiz.de/10005649101
Based on new estimates of public and private capital stocks for 22 OECD countries we study the dynamic effect of public capital on the real gross domestic product using a vector autoregression approach. Whereas most former studies put effort on examining the effects of public capital in a single...
Persistent link: https://www.econbiz.de/10011198696
Persistent link: https://www.econbiz.de/10004023970
Persistent link: https://www.econbiz.de/10004304685