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The Chinese economy: How much market - how much state?
Taube, Markus - In: CESifo Forum 06 (2005) 3, pp. 3-7
Persistent link: https://www.econbiz.de/10011695806
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Fiscal policy, banks and the financial crisis
Kollmann, Robert; Ratto, Marco; Roeger, Werner; in't … - 2012
This paper studies the effectiveness of Euro Area (EA) fiscal policy, during the recent financial crisis, using an estimated New Keynesian model with a bank. A key dimension of policy in the crisis was massive government support for banks—that dimension has so far received little attention in...
Persistent link: https://www.econbiz.de/10011506754
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Building BRICS: 2-Stage DEA analysis of R&D efficiency
Cai, Yuezhou; Hanley, Aoife - 2012
Should inputs such as bank finance affect innovation in BRICS vs. developed countries similarly? Arguably these elasticities may depend on a country's economic progress (Gerschenkron, 1962; Liu and White, 2001). Applying a combination of DEA and Tobit to a sample of 22 countries, we show how...
Persistent link: https://www.econbiz.de/10010288224
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Task Force: Chinas Rolle in den internationalen Beziehungen; globale Herausforderungen und die chinesische Außenpolitik
Heberer, Thomas (contributor);  … - 2010
Fragen - Klimawandel, Finanzkrisen oder internationale Konflikte - sind ohne eine Zusammenarbeit mit China nicht mehr zu … influence China's foreign relations. What is more, parallel to the economic success story, China's relevance in international … international conflicts, cooperation with China is needed in order to achieve results. The paper takes up several actual issues of …
Persistent link: https://www.econbiz.de/10010302282
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Macroeconomic Effects of China’s Fiscal Stimulus
Cova, Pietro; Pisani, Massimiliano; Rebucci, Alessandro - 2010
This paper analyzes the macroeconomic impact of China's 2009-2010 fiscal stimulus package by simulating a dynamic … general equilibrium multi-country model of the world economy, showing that the effects on China's economic activity are … sizeable: absent fiscal stimulus China's GDP would be 2.6 and 0.6 percentage points lower in 2009 and 2010, respectively. The …
Persistent link: https://www.econbiz.de/10010328105
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Rechtsstruktur und Evolution von Wirtschaftssystemen - Pfadabhängigkeit in Richtung Zentralisierung?
Wegehenkel, Lothar; Walterscheid, Heike - 2008
Persistent link: https://www.econbiz.de/10010299054
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Kein Rückzug in die Festung Europa!
Feld, Lars P.; Fuest, Clemens; Haucap, Justus; … - 2020
Die Corona-Pandemie legt die Stärken und Schwächen der Europäischen Union (EU) bloß und verdeutlicht die Unterschiede in der Leistungs- und Widerstandsfähigkeit der europäischen Volkswirtschaften. Die vorliegende Studie widmet sich daher der Frage, wie die EU gestärkt und mit höherer...
Persistent link: https://www.econbiz.de/10012269121
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No retreat into fortress Europe!
Feld, Lars P.; Fuest, Clemens; Haucap, Justus; … - 2020
The Corona pandemic exposes the strengths and weaknesses of the European Union (EU) as well as the differences in the resilience of the European economies. This study therefore looks at how the EU and its member states can emerge stronger and more competitive from the crisis. The ideas of the...
Persistent link: https://www.econbiz.de/10012423536
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Economic Systems of OECD Nations: Impact and Evolution
Pryor, Frederic L. - 2004
This essay argues that economic systems should be defined in terms of clusters of complementary institutions. To show how such an approach can be carried out, I use a cluster analysis technique and data on forty different economic institutions in OECD nations to isolate four quite different...
Persistent link: https://www.econbiz.de/10010327345
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The enduring lure of socialism: The politcal economy of the subprime crisis
Győrffy, Dóra - 2009
Market failure and the need for stronger state involvement in the economy has become the dominant perspective in the interpretation of the subprime crisis. After providing a brief description of the various stages of the crisis, the paper challenges this view by showing how monetary, fiscal and...
Persistent link: https://www.econbiz.de/10011470786