Showing 1 - 10 of 225
Barometer, FORA's Entrepreneurship Index, OECD and Economic Commission's sets of indicators, among others) and several variables …
Persistent link: https://www.econbiz.de/10010273513
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10010291780
This paper argues that indices of (business) service and material offshoring built on sectoral input-output data may actually measure something different than what we think they should. Applying shift-share analysis we decompose the variation over time of a commonly used class of such indices...
Persistent link: https://www.econbiz.de/10010292659
Analysis of the Constitutional Treaty of the European Union shows that there is a serious discrepancy between the voting power gradient of Member States computed by the Shapley-Shubik and Banzhaf indices. Given the lack of compelling arguments to choose between these indices on purely axiomatic...
Persistent link: https://www.econbiz.de/10010293717
Persistent link: https://www.econbiz.de/10010294260
In this paper, we review the German practice of imputing the costs of owner-occupied housing by increasing the relative weight of actual rents in the CPI. As the structure of owner-occupied housing differs substantially from that of rental housing, this variant of the imputation method may cause...
Persistent link: https://www.econbiz.de/10010295635
is some evidence of an understatement of rent inflation in the official rent index for West Germany at the beginning of …
Persistent link: https://www.econbiz.de/10010295718
constant over time? (iii) If it is not, can we use the tail index as an indicator for financial market risk and does it add … significant heaviness of the tails of the Bund future returns. The tail index is on average around 3, implying the nonexistence of … Zeitablauf konstant? (iii) Kann ein Tail-Index Informationen Äuber den Grad von Marktunsicherheit liefern, die klassische …
Persistent link: https://www.econbiz.de/10010295742
The paper examines the applicability of GDP-linked bonds for the financing of developing countries and emerging markets. GDP-linked bonds are bonds of which the coupon and/or redemption payments are tied to the GDP of the issuing country. The study encompasses a detailed empirical analysis of...
Persistent link: https://www.econbiz.de/10010297388
index. The estimation confirms the importance of quality adjustment since the decline of average prices at 7 percent p.a. is … substantially lower, thus overestimating computer prices and inflation. When the hedonic index for German computer prices is … berücksichtigen - wie in der amtlichen Statistik üblich - zu hohe Indexzahlen aus. Der Preisrückgang wird unterschätzt, d.h. die …
Persistent link: https://www.econbiz.de/10010297756