Similar Search Results

Public expenditure and international specialisation

Brülhart, Marius; Trionfetti, Federico - 2001

It is widely recognised that public-sector purchasers tend to discriminate in favour of domestic suppliers. We study the consequences of home-biased public procurement on international specialisation. In the theoretical analysis we find two effects. First, a country will specialise in the sector...

Persistent link: https://www.econbiz.de/10010295571

The Bias of the Gini Coefficient due to Grouping

Ourti, Tom Van; Clarke, Philip - 2008

We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order … reveals an intuitive formula for the remaining second order bias which is useful in empirical analyses. We analyze the … it reduces a considerable share of the bias due to grouping. …

Persistent link: https://www.econbiz.de/10010325812

The Size and Performance of Public Sector Activities in Europe

Handler, Heinz; Koebel, Bertrand; Reiss, Philipp; … - 2005

The obvious difference in the economic performance of countries has led to the question why some countries are so much wealthier than others, and whether the size, the structure, and the organisation of the public sector contribute to cross-country income and growth gaps. Public sector...

Persistent link: https://www.econbiz.de/10011435174

Equal size, equal role? Interest rate interdependence between the Euro area and the United States

Ehrmann, Michael; Fratzscher, Marcel - 2003

This paper investigates whether the degree and the nature of economic and monetary policy interdependence between the United States and the euro area have changed with the advent of EMU. Using real-time data, it addresses this issue from the perspective of financial markets by analysing the...

Persistent link: https://www.econbiz.de/10010298252

How successful are exchange rate communication and interventions? Evidence from time-series and event-study approaches

Fratzscher, Marcel - 2005

The paper analyses whether communication and actual interventions in FX markets are successful in moving exchange rates over the medium- to long-run. It compares empirical evidence based on time-series analysis with that obtained from an eventstudy approach. Both the time-series approach based...

Persistent link: https://www.econbiz.de/10011604574

The transmission of emerging market shocks to global equity markets

Cuadro Sáez, Lucía; Fratzscher, Marcel; Thimann, Christian - 2007

The paper analyses whether, and to what extent, emerging market economies (EMEs) have systemic importance for global financial markets, above and beyond their influence during crises episodes. Using a novel database of exogenous economic and political shocks for 14 systematically relevant EMEs,...

Persistent link: https://www.econbiz.de/10011604770

Economic mobility, family background, and the well-being of children in the United States and Canada

Corak, Miles; Curtis, Lori; Phipps, Shelley - 2010

This comparative study of the relationship between family economic background and adult outcomes in the United States and Canada addresses three questions. First, is there something to explain? We suggest that the existing literature finds that there are significant differences in the degree of...

Persistent link: https://www.econbiz.de/10010269450

The distribution of top incomes in five Anglo-Saxon countries over the twentieth century

Atkinson, Anthony B.; Leigh, Andrew - 2010

Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...

Persistent link: https://www.econbiz.de/10010270632

Central banking for financial stability: Some lessons from the recent instability in the United States and euro area

Wall, Larry D. - 2012

Central banks have had an important role in maintaining financial stability through their lender of last resort role. As lender of last resort, the central bank is given enormous power which is normally tempered by a variety of limits. In the most recent crises in both the United States and euro...

Persistent link: https://www.econbiz.de/10010397238

What happened to the transatlantic capital market relations?

Weber, Enzo - 2007

This paper investigates the capital market relations between Euroland and the USA from 1990 until 2006. Formally based …

Persistent link: https://www.econbiz.de/10010263680

1
2
3
4
5
6
7
8
9
10
Next
Last