Similar Search Results

Hysteresis and Persistence in the Course of Unemployment: The EU and US Experience

Dreger, Christian; Reimers, Hans-Eggert - 2006

We investigate hysteresis and persistence behaviour in the course of unemployment in EU countries and US states by …. Hysteresis in EU unemployment is attributed to the idiosyncratic, but not to the common component. In contrast, idiosyncratic … components are stationary in the US. If hysteresis behaviour is also relevant here, it is more likely to arise in the common …

Persistent link: https://www.econbiz.de/10010260946

Hysteresis and Persistence in the Course of Unemployment: The EU and US Experience

Dreger, Christian; Reimers, Hans-Eggert - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006

Persistent link: https://www.econbiz.de/10005068810

Early warning system of government debt crises

Dreger, Christian; Cholodilin, Konstantin Arkadʹevič - 2018

The European debt crisis has revealed serious deficiencies and risks on a proper functioning of the monetary union. Against this backdrop, early warning systems are of crucial importance. In this study that focuses on euro area member states, the robustness of early warning systems to predict...

Persistent link: https://www.econbiz.de/10011803028

The role of asset markets for private consumption : evidence from paneleconometric models

Dreger, Christian; Reimers, Hans-Eggert - 2009

We explore the long and short run relationship between private consumption, disposable income and housing and financial wealth approximated by price indices for a panel of industrialized countries. Consumption, income and wealth are cointegrated in their common, but not in their idiosyncratic...

Persistent link: https://www.econbiz.de/10003823967

Health Care Expenditures in OECD Countries : A Panel Unit Root and Cointegration Analysis

Dreger, Christian; Reimers, Hans-Eggert - 2021

This paper investigates the link between health care expenditures and GDP for a sample of 21 OECD countries using recent developed panel cointegration techniques. In contrast to previous studies, the analysis accounts for the fact that health care expenditures are not only determined by income....

Persistent link: https://www.econbiz.de/10013318758

Does the nominal exchange rate regime affect the real interest parity condition?

Dreger, Christian - 2010

The real interest parity (RIP) condition combines two cornerstones in international finance, uncovered interest parity (UIP) and ex ante purchasing power parity (PPP). The extent of deviation from RIP is therefore an indicator of the lack of product and financial market integration. This paper...

Persistent link: https://www.econbiz.de/10011374381