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Energy consumption and economic growth : new insights into the cointegration relationship
Belke, Ansgar; Dreger, Christian; Haan, Frauke de - 2010
This paper examines the long-run relationship between energy consumption and real GDP, including energy prices, for 25 OECD countries from 1981 to 2007. The distinction between common factors and idiosyncratic components using principal component analysis allows to distinguish between...
Persistent link: https://www.econbiz.de/10003974670
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Energy consumption and economic growth : new insights into the cointegration relationship
Belke, Ansgar; Dreger, Christian; Haan, Frauke de - 2010
This paper examines the long-run relationship between energy consumption and real GDP, including energy prices, for 25 OECD countries from 1981 to 2007. The distinction between common factors and idiosyncratic components using principal component analysis allows to distinguish between...
Persistent link: https://www.econbiz.de/10003975447
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Energy consumption and economic growth : new insights into the cointegration relationship
Belke, Ansgar; Dobnik, Frauke; Dreger, Christian - In: Energy economics 33 (2011) 5, pp. 782-789
Persistent link: https://www.econbiz.de/10009383055
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The Impact of Demand and Supply Shocks on Inflation. Evidence For The Us and The Euro Area
Dreger, Christian - 2023
paper investigates the role of demand and supply shocks behind this process. Structural VAR models are specified for the US … and the euro area. Shocks are identified by sign restrictions and external instruments. Demand shocks dominate in the US … inflation due to their adverse effects on demand. However, supply factors are beyond the control of central banks. Thus …
Persistent link: https://www.econbiz.de/10014257604
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The impact of institutions on the employment performance in European labour markets
Buscher, Herbert S.; Dreger, Christian; Ramos, Raúl; … - In: Economic issues 14 (2009) 1, pp. 17-33
Persistent link: https://www.econbiz.de/10003841840
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The impact of institutions on the employment performance in European labor markets
Buscher, Herbert S.; Dreger, Christian; Ramos, Raúl; … - In: Institutionen und Arbeitsmarkt : Messkonzepte, …, (pp. 91-110). 2006
Persistent link: https://www.econbiz.de/10003389683
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The impact of institutions on the employment performance in European labour markets, 1979 - 2001
Dreger, Christian - In: Determinants of employment : the macroeconomic view, (pp. 47-61). 2006
Persistent link: https://www.econbiz.de/10003241103
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The impact of institutions on the employment performance in European labour markets
Buscher, Herbert S.; Dreger, Christian; Ramos, Raúl; … - 2005
, labour demand equations are fitted in levels by efficient estimation techniques. To account for possible structural change … participation rates have been rather stable over the past, the unemployment problem is mainly caused by shortages in labour demand …. Labour demand is expressed by its structural parameters, such as the elasticities of employment to output and factor prices …
Persistent link: https://www.econbiz.de/10003085749
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The Impact of Institutions on the Employment Performance in European Labour Markets
Buscher, Herbert S.; Dreger, Christian; Ramos, Raul; … - 2021
, labour demand equations are fitted in levels by efficient estimation techniques. To account for possible structural change … participation rates have been rather stable over the past, the unemployment problem is mainly caused by shortages in labour demand …. Labour demand is expressed by its structural parameters, such as the elasticities of employment to output and factor prices …
Persistent link: https://www.econbiz.de/10013318303
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Energy Consumption and Economic Growth – New Insights into the Cointegration Relationship
Belke, Ansgar; Dreger, Christian; de Haan, Frauke - 2010
This paper examines the long-run relationship between energy consumption and real GDP, including energy prices, for 25 OECD countries from 1981 to 2007. The distinction between common factors and idiosyncratic components using principal component analysis allows to distinguish between...
Persistent link: https://www.econbiz.de/10010273561