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This study utilizes the dynamic factor model of Giannone et al. (2008) in order to make now-/forecasts of GDP quarter-on-quarter growth rates in Switzerland. It also assesses the informational content of macroeconomic data releases for forecasting of the Swiss GDP. We find that the factor model...
Persistent link: https://www.econbiz.de/10014198205
Persistent link: https://www.econbiz.de/10011709604
This paper estimates the pass-through and speed of adjustment of Italian regional interest rates to changes in the money market rate for the period 1998Q1-2009Q4. Our main findings suggest that the markup for the lending rates that banks charge are generally higher in the South than in the...
Persistent link: https://www.econbiz.de/10009578159
This paper estimates the pass-through and speed of adjustment of Italian regional interest rates to changes in the money market rate for the period 1998Q1-2009Q4. Our main findings suggest that the markup for the lending rates that banks charge are generally higher in the South than in the...
Persistent link: https://www.econbiz.de/10013101752
In this paper we study the determinants of international migration to Germany, 1967-2000. The empirical literature on …
Persistent link: https://www.econbiz.de/10011439458
households and account for a large proportion of bank lending. In Germany, the housing accounts for more than a half of wealth of … increases have been observed in Germany. This raised doubts and fears in German society. On the one hand, it is feared that … Germany can follow the path of Spain, Ireland, and other bubble countries that ended in a severe economic crisis. On the other …
Persistent link: https://www.econbiz.de/10011505867
inequality among regions. The regional data on car prices in Germany were downloaded from two specialised websites http …. The shapefile containing the geographical information on the regional borders was taken from the Eurostat. Using Germany …, and more importantly allow to estimate Gini indices at the NUTS2 level-something that has never been done for Germany …
Persistent link: https://www.econbiz.de/10011508038
In this paper, we make multi-step forecasts of the annual growth rates of the real GDP for each of the 16 German Länder (states) simultaneously. Beside the usual panel data models, such as pooled and fixed-effects models, we apply panel models that explicitly account for spatial dependence...
Persistent link: https://www.econbiz.de/10012039490
&D investment and firm employment, and to address important econometric issues, which is not possible in the standard estimation …
Persistent link: https://www.econbiz.de/10011983796
estimation approach used in the previous literature. Our results suggest that modest innovators do not create and may even …
Persistent link: https://www.econbiz.de/10011619463