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Containment and Resolution in the Financial Crisis: Too Little, Too Late

Honohan, Patrick - In: CESifo Forum 09 (2008) 4, pp. 22-27

Persistent link: https://www.econbiz.de/10011695909

The Global Financial Crisis: Causes, Anti-Crisis Policies and First Lessons

Dabrowski, Marek - In: CESifo Forum 09 (2008) 4, pp. 28-32

Persistent link: https://www.econbiz.de/10011695910

Structural Change and the Kaldor Facts of Economic Growth

Foellmi, Reto; Zweimüller, Josef - 2002

We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...

Persistent link: https://www.econbiz.de/10010262779

Structural change through innovation: New elements in funding guidelines

Wittmann, Florian; Schnabl, Esther; Zenker, Andrea - 2025

an increased link between innovation and regional policy, as well as more recently transformative policy. The WIR …, such as an explicit link between innovation and structural change, the emphasis on involving new (societal) actors, and a … broad understanding of innovation. Although such innovations have the potential to provide a fresh start for policy …

Persistent link: https://www.econbiz.de/10015273131

Does aging influence sectoral employment shares? Evidence from panel data

Thiessen, Ulrich; Kholodilin, Konstantin A.; … - 2008

Our study represents a first attempt to single out the effects of aging on the entire structure of the economy that is approximated by employment shares in different sectors. We find that even after controlling for the effects of other relevant factors - e.g. income per capita, share of trade in...

Persistent link: https://www.econbiz.de/10010285830

Dualism and cross-country growth regressions

Temple, Jonathan; Woessmann, Ludger - 2004

This paper examines whether growth regressions should incorporate dualism and structural change. If there is a differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total factor productivity. The paper develops empirical growth...

Persistent link: https://www.econbiz.de/10010261270

Aging and structural change

Thießen, Ulrich - 2007

Many studies analyzed in depth how aging affects aggregate economic performance. But analyses of these effects on the employment structure are scarce and they do not consider that consumption patterns, the supply of goods and services, and also sectoral labor productivity are all likely to...

Persistent link: https://www.econbiz.de/10010264982

Revisiting Baumol's Disease: Structural Change, Productivity Slowdown and Income Inequality

Hartwig, Jochen; Krämer, Hagen M. - In: Intereconomics 58 (2023) 6, pp. 320-325

The growing importance of services has led to significant structural change in advancedeconomies, with the service sector now accounting for the largest share of employment indeveloped countries. In his seminal model of the so-called cost disease of services, WilliamBaumol noted that the prices...

Persistent link: https://www.econbiz.de/10014459453

The Two Waves of Service-Sector Growth

Eichengreen, Barry; Gupta, Poonam - 2009

The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...

Persistent link: https://www.econbiz.de/10011807641

Tracing Empirical Trails of Schumpeterian Development

Peneder, Michael - 2004

Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of the economic system. At the sectoral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation...

Persistent link: https://www.econbiz.de/10011435155