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The information content of market liquidity: An empirical analysis of liquidity at the Oslo Stock Exchange

Skjeltorp, Johannes A.; Ødegaard, Bernt Arne - Universitetet <Stavanger> / School of Business … - 2009

We investigate the information content of aggregate stock market liquidity and askwhether it may be a useful realtime indicator, both for nancial stress, and real economicactivity in Norway. We describe the development in a set of liquidity proxies at the OsloStock Exchange (OSE) for the period...

Persistent link: https://www.econbiz.de/10009305195

United States Department of Labor - Bureau of Labor Statistics - Charting International Labor Comparisons (2012 Edition)

United States / Bureau of Labor Statistics - 2003

Showcasing data from all areas of the ILC program and other sources, Charting International Labor Comparisons is a gateway to explore how key labor market and other national economic measurements compare across countries. There are links to previous editions of the Chartbook of International...

Persistent link: https://www.econbiz.de/10005843291

Business Cycles and Economic Policy, 1914-1945: A Survey

Ritschl, Albrecht; Straumann, Tobias - London School of Economics and Political Science; … - 2009

The Great War of 1914-18 constituted a major rupture for the economies of Europe in several respects. It marked the end of almost a century of uninterrupted economic growth. It ended a long period of near-universal currency stability, and set in motion a painful process of de-globalisation. It...

Persistent link: https://www.econbiz.de/10005870493

Structural Change and Business Cycles:An Evolutionary Approach

Lorentz, André; Savona, Maria - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010

The aim of this paper is to account for both the short-run uctuations and thevery-long run transformations induced by technological change in analysing long-rungrowth patterns. The paper investigates the possible imprint left by short-run uctuationson the long run dynamics by aecting the...

Persistent link: https://www.econbiz.de/10009138616

Incentive Contracts and Total Factor Productivity

Bental, Benjamin; Demougin, Dominique - 2004

This paper deals with endogenous determination of effort as a source of productivity growth. …

Persistent link: https://www.econbiz.de/10005841063

The Impact of Road Infrastructure on Productivity and Growth : Some Preliminary Results for the German Manufacturing Sector

Stephan, Andreas - Wissenschaftszentrum Berlin für Sozialforschung - 1997

Using time-series cross-section data from the manufacturing sector of the 11Bundesländer from 1970 to 1993, we examine the impact of road infrastructure onprivate production applying three different approaches; i.e., a Cobb-Douglas production function, a translog production function and a...

Persistent link: https://www.econbiz.de/10005854866

ECONOMIC POLICIES FOR GROWTH AND EMPLOYMENT

Cameron, Gavin; Fawcett, Nicholas - University <Oxford> / Department of Economics - 2005

In 2000, the Lisbon Agenda set out an ambitious plan to make the EuropeanUnion “the most dynamic and competitive knowledge-based economy inthe world”. The Agenda suggested a need for action on three broad fronts:the first explicitly macroeconomic; the second explicitly microeconomic;the third...

Persistent link: https://www.econbiz.de/10005870190

COMPARING SECTORAL PRODUCTIVITY ACROSS COUNTRIES

Glyn, Andrew - University <Oxford> / Department of Economics - 2004

trends. Comparing productivity levels across countries is notoriously tricky, but one attractive approach has been to deflate …

Persistent link: https://www.econbiz.de/10005870209

ECONOMIC GROWTH WITH BUBBLES

Martin, Alberto; Ventura, Jaume - National Bureau of Economic Research <Cambridge, Mass.> - 2010

We develop a stylized model of economic growth with bubbles. In this model, financial frictions leadto equilibrium dispersion in the rates of return to investment. During bubbly episodes, unproductiveinvestors demand bubbles while productive investors supply them. Because of this, bubbly...

Persistent link: https://www.econbiz.de/10005870349

Total Factor Productivity Growth On Britain’s Railways, 1852-1912: A Reappraisal Of The Evidence

Crafts, Nicholas F. R.; Mills, Terence C.; Mulatu, Abay - London School of Economics and Political Science - 2005

This paper revisits the issue of the productivity performance of pre-World War I Britain’s railway system with an … it stabilized at about 1.1%. An analysis of company-level productivity rejects the claims that there was a regulation …-induced revival of productivity performance in the railway sector after 1900 but, on the other hand, it supports the claim that there …

Persistent link: https://www.econbiz.de/10005870949