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Die Europäische Union (EU) sieht sich innerhalb kürzester Zeit mit zwei großen und historisch einmaligen Krisen konfrontiert. Die Corona-Krise führte zu asymmetrischen wirtschaftlichen Auswirkungen in der EU. Maßgeblich für die konjunkturelle Entwicklung zwischen dem vierten Quartal 2019...
Persistent link: https://www.econbiz.de/10013346316
We introduce endogenous labour supply decisions with an extensive and intensive margin in a spatial computational general equilibrium model. We show that endogenising labour supply generates an additional economic loss from a negative economic shock compared to a model with fixed labour supply....
Persistent link: https://www.econbiz.de/10014471592
Twenty years have passed since the largest enlargement of the European Union in history. During the eastern enlargement, 10 new member states entered the union, seven of which belonged to the former Eastern bloc. The new members have since experienced astonishing growth rates, closing the large...
Persistent link: https://www.econbiz.de/10015047190
A vast literature has investigated the relationship between trust and aggregate economic performance. We investigate the relationship between individual trust and individual economic performance. We find that individual income is hump-shaped in a measure of intensity of trust beliefs available...
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World economic growth this year is likely to remain as weak as in 1998, despite a gradual acceleration in the course of the year. The volume of world trade is estimated to have fallen significantly in the latter half of last year, and to date there are few signs of a rapid recovery. However,...
Persistent link: https://www.econbiz.de/10010305313
Die deutsche Wirtschaft wird im laufenden Jahr trotz der Dämpfung aufgrund der restriktiven Finanzpolitik, des drastischen Anstiegs des Ölpreises sowie der Turbulenzen an den Finanzmärkten und der Aufwertung des Euro um 2,6 % wachsen. Nach dem Urteil der Institute sind die endogenen...
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