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politische und ökonomische Wirklichkeit Deutschlands ist und gerade Deutschland aufgrund seines Gewichts einen entscheidenden …
Persistent link: https://www.econbiz.de/10011478414
and the entire euro area (20 percent). For Germany and France the gains seem to be lower, but are nevertheless substantial …Survey-based indicators such as the consumer confidence are widely seen as leading indicators for economic activity … appears to be very limited. Therefore, this paper takes a fresh look on the survey data, which serve as a basis for the …
Persistent link: https://www.econbiz.de/10009267838
Persistent link: https://www.econbiz.de/10009758736
and the entire euro area (20 percent). For Germany and France the gains seem to be lower, but are nevertheless substantial …Survey-based indicators such as the consumer confidence are widely seen as leading indicators for economic activity … appears to be very limited. Therefore, this paper takes a fresh look on the survey data, which serve as a basis for the …
Persistent link: https://www.econbiz.de/10014190300
Persistent link: https://www.econbiz.de/10011707366
Persistent link: https://www.econbiz.de/10003590274
This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
Persistent link: https://www.econbiz.de/10003959628
This paper explores the long-term relationship between public and private investment in the euro area. A stock-flow approach is proposed to control for the integration properties of the variables. Panel econometric techniques including international spillovers are employed. Private and public...
Persistent link: https://www.econbiz.de/10011498378
This paper examines the stability of money demand and the forecasting performance of a broad monetary aggregate (M3) in predicting euro area inflation. Excess liquidity is measured as the difference between the actual money stock and its fundamental value, the latter determined by a money demand...
Persistent link: https://www.econbiz.de/10011374304
The paper examines the bank lending activities of banks in a low interest rate environment. External financing of small- and medium-sized enterprises in the euro area primarily takes place via bank loans and not through capital markets. Based on the Bankscope database, bank balance sheet data is...
Persistent link: https://www.econbiz.de/10012063954