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Characteristics and drivers of the Swiss "job miracle"
Siegenthaler, Michael; Graff, Michael; Mannino, Massimo - In: Review of economics 67 (2016) 1, pp. 53-89
Persistent link: https://www.econbiz.de/10011551216
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Inflation inequality in Europe
Colavecchio, Roberta; Fritsche, Ulrich; Graff, Michael - 2011
to 2008. Our analysis is carried out on a panel of 23 up to 27 household-specific inflation rates per country for 15 … countries. In the first part of the paper, we employ time series and related non-stationary panel approaches to shed light on … cross-country differences in inflation inequality with respect to the number of driving forces in the panel. In particular …
Persistent link: https://www.econbiz.de/10010425224
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The Swiss "job miracle"
Siegenthaler, Michael; Graff, Michael; Mannino, Massimo - 2014
While Switzerland's recent growth of employment was high in historical and international perspective, the reasons for this "job miracle" were not well understood. As the "miracle" was not anticipated by economic forecasters, it consequently resulted in systematic and persistent forecast errors....
Persistent link: https://www.econbiz.de/10010438923
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Does financial activity cause economic growth?
Graff, Michael; Karmann, Alexander - 2001
To clarify the causal links between financial activity and economic growth, three theoretical models are analyzed and a structural equation path models is estimated. In the modeling part, poverty traps result from large fixed costs or high proportions of real investment to run a financial...
Persistent link: https://www.econbiz.de/10010305424
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Does financial activity cause economic growth?
Graff, Michael; Karmann, Alexander - 2001 - Revised 1.2.2001
To clarify the causal links between financial activity and economic growth, three theoretical models are analyzed and a structural equation path models is estimated. In the modeling part, poverty traps result from large fixed costs or high proportions of real investment to run a financial...
Persistent link: https://www.econbiz.de/10010506650
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Demography, financial openness, national savings and external balance
Graff, Michael; Tang, Kam Ki; Zhang, Jie - 2008
-structural equations to a large panel data set. While our findings by and large are in agreement with most previous studies, our semi …
Persistent link: https://www.econbiz.de/10010277752
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Demography, financial openness, national savings and external balance : paper prepared for the 13th Australasian Macroeconomics Workshop Sydney, 26 - 27 March 2008
Graff, Michael (contributor); Tang, Kam Ki (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003711833
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Demography, financial openness, national savings and external balance
Graff, Michael (contributor); Tang, Kam Ki (contributor);  … - 2008
-structural equations to a large panel data set. While our findings by and large are in agreement with most previous studies, our semi … ; openness ; saving ; investment ; current account ; panel data …
Persistent link: https://www.econbiz.de/10003767733
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Financial development and economic growth: A new empirical analysis
Graff, Michael - 1999
determinant of economic growth. It goes beyond the existing studies in drawing on a large panel data set covering 93 countries …
Persistent link: https://www.econbiz.de/10010305415
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What determines the finance-growth nexus? An endogenous growth model and empirical evidence
Graff, Michael; Karmann, Alexander - 2003
An endogenous growth model with a financial sector is formulated, and empirical analyses are conducted. The model exhibits structural shifts and breaks caused by institutional change, suggesting that a linear approach is inadequate. To address this point empirically, we fit data for 90 countries...
Persistent link: https://www.econbiz.de/10010305439