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Erwerbstätigen dürfte im Jahr 2014 noch einmal kräftig steigen. Die Konjunktur erhält allerdings Gegenwind von der Wirtschaftspolitik …Die deutsche Wirtschaft befindet sich im Frühjahr 2014 im Aufschwung. Das Bruttoinlandsprodukt wird in diesem Jahr …
Persistent link: https://www.econbiz.de/10011386821
This paper develops a 9-dimensional SVAR to investigate the sources of the U.S. business cycle. We extend the standard set of identified shocks to include unexpected changes in commodity prices. Our main result is that commodity price shocks are a very important driving force of macroeconomic...
Persistent link: https://www.econbiz.de/10011390656
Europäischen Union und in den USA in der aktuellen Wirtschaftskrise. Dazu werden zwei Szenarien simuliert: erstens ein … absorbiert werden, verglichen mit 32 % in den USA. Im Fall des Beschäftigungsschocks ist der Unterschied zwischen Europa und den … USA deutlich größer: 48 % in der EU und lediglich 34 % in den USA. Unter der Annahme, dass nur die Nachfrage …
Persistent link: https://www.econbiz.de/10010331512
Persistent link: https://www.econbiz.de/10010277163
Using a modified DCC-MIDAS specification, we endogenize the long-term correlation between crude oil and stock price returns with respect to the stance of the U.S. macroeconomy. We find that variables which contain information on current and future economic activity are helpful predictors for...
Persistent link: https://www.econbiz.de/10011422237
The expected slowdown in the economy of the United States (US) has ignited increasing concerns over the short-term growth prospect of East Asia. Historically, a US slowdown has often been associated with a global slowdown. East Asia has been particularly vulnerable to slowing US growth, given...
Persistent link: https://www.econbiz.de/10010507214
Do apparently large minimum wage increases in an environment of recession produce clearer evidence of disemployment effects than is typically observed in the new minimum wage literature? This paper augments the sparse literature on the most recent increases in the U.S. minimum wage, using three...
Persistent link: https://www.econbiz.de/10010282395
This article analyzes the determinants of market income distribution and governmental redistribution. The dependent variables are LIS data on market income inequality (measured by the Gini index) for households with a head aged 25 to 59 and the percent reduction in the Gini index by taxes and...
Persistent link: https://www.econbiz.de/10010335556
President Joe Biden faces some political and economic headwinds in the upcoming U.S. midterm elections this year. Current economic challenges include historically high inflation rates and signs of an impending recession. [...] This paper gives a critical overview of the political and economic...
Persistent link: https://www.econbiz.de/10013441502
Das ifo Institut hat im Auftrag des Bundesministeriums für Wirtschaft und Technologie die vorliegende … Evaluierungsstudie zu den Dimensionen und Auswirkungen eines Freihandelsabkommen zwischen der EU und den USA durchgeführt. Die Studie …
Persistent link: https://www.econbiz.de/10011698416