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I empirically analyze the dynamics of business investment following normal recessions (declines in business investment … for significant non-linear trend reversion or bounce-back effects on the level of business investment following normal … recessions, i.e., the deeper the previous recession was, the higher the growth rate of business investment will be. The trend …
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Business investment in the euro area strongly declined during the Global Financial Crisis and the Sovereign Debt Crisis … analyse the sluggish recovery in business investment in the euro area and the role of monetary policy in three steps. We … investigate the main factors that have impeded business investment since the Global Financial Crisis. We empirically analyse how …
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Schätzungen des Produktionspotenzials und der Produktionslücke einer Volkswirtschaft sind von großer Bedeutung für die Wirtschaftspolitik. Sie spielen eine wesentliche Rolle für den Europäischen Stabilitäts- und Wachstumspakt und für die im Grundgesetz verankerte Schuldenbremse. In der...
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Housing crises usually go hand in hand with a long lasting recession and a considerable loss in output. We first re-examine the effects of a housing crises on the business cycle based on historical crises. Then we estimate the international spill-over-effects if several huge industrial countries...
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investment. The public financing deficit is likely to fall from 2.1 percent relative to GDP in 2023 to 0.8 percent in 2025 …
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