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Modelling inflation in the euro area
Jansen, Eilev S. - 2004
The paper presents an incomplete competition model (ICM), where inflation is determined jointly with unit labour cost … growth. The ICM is estimated on data for the Euro area and evaluated against existing models, i.e. the implicit inflation …. There is, however, some support in favour of the (reduced form) AWM inflation equation. It is the only model that …
Persistent link: https://www.econbiz.de/10009636545
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Forecasting real GDP
Brand, Claus; Reimers, Hans-Eggert; Seitz, Franz - 2003
This paper analyses the information content of M1 for euro area real GDP since the beginning of the 1980s and reviews theoretical arguments on why real narrow money should help predict real GDP. We find that, unlike in the U.S., in the euro area, M1 has better and more robust forecasting...
Persistent link: https://www.econbiz.de/10009635922
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A monthly indicator of GDP for the Euro-zone
Europäische Kommission / Statistisches Amt; European … - 2001
Persistent link: https://www.econbiz.de/10009636435
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Business cycle extraction of Euro-zone GDP : direct versus indirect approach
Europäische Kommission / Statistisches Amt; European … - 2001
Persistent link: https://www.econbiz.de/10009636436
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Convergence of real GDP per capita in the EU15: How do the accession countries fit in?
Kaitila, Ville - 2004
The EU15 countriesu0092 real GDP per capita levels adjusted for purchasing power converged in 1960u00962001. Convergence occurred in two spells, in 1960u009673 and 1986u00962001, with an interim period of stagnation. In this paper, we analyse both s and b convergence and discuss the impact of EU...
Persistent link: https://www.econbiz.de/10009636868
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EU Enlargement: Benefits of the Single Market Expansion for Current and New Member States
Maliszewska, Maryla - 2004
The study suggests that the EU's eastward enlargement will be beneficial to the new members, while most EU countries will record minor welfare gains. Poland is expected to gain 3.4% of GDP, and Hungary almost 7%. The new members will experience production increases across almost all sectors,...
Persistent link: https://www.econbiz.de/10009636869
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Alternative progress indicators to Gross Domestic Product (GDP) as a means towards sustainable development
Goossens, Janne - 2007
Assessing existing policies or developing new policy options requires indicators showing where a community stands, where it is going and how far it is from where it wants to be. Indicators are necessary in all steps of the policy cycle: to describe the current situation/problem; to analyse the...
Persistent link: https://www.econbiz.de/10009638649
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Final report of an audit carried out in Greenland from 23 to 26 September 2013 in order to evaluate the two proposed bips in Nuuk and Sisimiut, Greenland
Europäische Kommission / Generaldirektion Gesundheit … - 2014
Persistent link: https://www.econbiz.de/10010249544
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Country and sector-specific spillover effects in the euro area, the United States and Japan
Kaltenhaeuser, Bernd - 2003
Within a two-step GARCH framework we explore the linkages between equity returns of ten sectors in the euro area, the United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects originating from one of the three currency areas and...
Persistent link: https://www.econbiz.de/10009635881