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Over the course of the past twenty years, venture capital has fuelled an entrepreneurial revolution - first in the United States and now in Europe's common market -, which has opened new opportunities for technological innovation, capital investment and employment growth. Some of the most...
Persistent link: https://www.econbiz.de/10010295107
Strengthening potential output is high on the agenda for economic policy in the European Union. While there is widespread agreement that structural policies have a positive impact on long-term growth, there is a controversial discussion whether coordination of macroeconomic policies can...
Persistent link: https://www.econbiz.de/10010295183
Niederlande und Italien von 1973 bis 2001. Abhängigkeit wird dabei gemessen anhand der bedingten Wahrscheinlichkeit einer …
Persistent link: https://www.econbiz.de/10010295729
In this paper, we present a disaggregated framework for the analysis of past and projected structural developments in the most relevant revenue and expenditure categories and the fiscal balance. The framework, in particular, distinguishes between the effects of discretionary fiscal policy and of...
Persistent link: https://www.econbiz.de/10010295793
This paper is the first attempt to investigate the performance of different learning rules in fitting survey data of household and expert inflation expectations in five core European economies (France, Germany, Italy, Netherlands and Spain). Overall it is found that constant gain learning...
Persistent link: https://www.econbiz.de/10010295853
In dem Papier wird die Finanzpolitik der Niederlande seit dem Ende der keynesianischen Vollbeschäftigungsphase …
Persistent link: https://www.econbiz.de/10010296052
Because of its relation to economic growth, there is a policy interest in mea- suring social capital and average trust as its currently most important proxy. Thereby a main focus is determining its variation across groups with different individual characteristics. In this paper we combine the...
Persistent link: https://www.econbiz.de/10010296460
This paper combines an economic experiment with survey data to investigate determinants of trust and trustworthiness in the Dutch society. We contrast the inferences which can be made on the trust propensity using stated and revealed measures and we test for participation bias in our experiment....
Persistent link: https://www.econbiz.de/10010296463
einer früheren, für die Niederlande durchgeführten Studie auch auf Deutschland zutreffen. Wie in den Niederlanden erweist …
Persistent link: https://www.econbiz.de/10010296597
This paper provides a textbook example of integration between commodity markets, and the subsequent price convergence or absence thereof. We analyze price relations between spot markets for natural gas in Europe. We apply time-varying coefficient estimation applying the Kalman filter, to test...
Persistent link: https://www.econbiz.de/10010296793