Showing 1 - 10 of 341
In Großbritannien war die Konjunktur im Jahr 2000 kräftig nach oben gerichtet. Getragen wurde diese Entwicklung von der … wird sich die Konjunktur voraussichtlich erholen, das BIP um rund 2 1/2 % expandieren und die Arbeitslosenquote auf dem …
Persistent link: https://www.econbiz.de/10011691773
Die britische Wirtschaft hat die weltwirtschaftliche Schwächephase relativ gut durchgestanden, das reale …
Persistent link: https://www.econbiz.de/10011692051
A major aim of recent empirical modelling of the business cycle isto identify the relative importance of aggregate supply and demandshocks. Supply or technology shocks are associated with permanent(structural) effects on economic activity whereas demand shocks arerelated to temporary (cyclical)...
Persistent link: https://www.econbiz.de/10010324404
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an asymmetric pattern in the evolution of unemployment,...
Persistent link: https://www.econbiz.de/10010262548
This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First, we find that household characteristics explain about...
Persistent link: https://www.econbiz.de/10010271322
-24 have suffered disproportionately during the recession. Using the USA and UK as case studies, we analyse youth unemployment …
Persistent link: https://www.econbiz.de/10010278774
Sowohl in den USA als auch in Großbritannien ist in naher Zukunft mit einer Zinswende zu rechnen. Die Länder des … internationalen Übertragung der geldpolitischen Impulse dar und quantifizieren die Effekte einer Anhebung der Zinsen in den USA und in … Großbritannien auf die heimische Wirtschaft sowie auf ausgewählte Länder des Euroraums mit Hilfe des RWI-Mehrländermodells. Parallel …
Persistent link: https://www.econbiz.de/10011773171
We use an estimated monetary business cycle model with search and matching frictions in the labor market and nominal price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and the Great Recession. We estimate the model over the...
Persistent link: https://www.econbiz.de/10010320789
Classical business cycles, following Burns and Mitchell (1946), can be defined as the sequential pattern of expansions and contractions in aggregate economic activity. Recently, Harding and Pagan (2002, 2006) have provided an econometric toolkit for the analysis of these cycles, and this has...
Persistent link: https://www.econbiz.de/10010280785
This paper studies the effectiveness of corporate tax incentives in reducing the effective tax rate (ETR) on income from capital to stimulate business investment during economic downturns. We focus on tax rate incentives (TRIs), such as corporate tax rate cuts, and tax base incentives (TBIs),...
Persistent link: https://www.econbiz.de/10010288854