Showing 1 - 10 of 98
We apply both classical and Bayesian econometric methods to characterize the dynamic behavior of inflation for twelve industrial countries over the period 1984-2003, using four different price indices for each country. In particular, we estimate a univariate autoregressive (AR) model for each...
Persistent link: https://www.econbiz.de/10009636705
This paper identifies the basic features of the price setting mechanism in the Spanish economy, using a large dataset that contains over 1.1 million price records and covers around 70% of the expenditure on the CPI basket. In particular, the paper identifies differences in the frequency and size...
Persistent link: https://www.econbiz.de/10009639476
We forecast recession probabilities for the United States, Germany and Japan. The predictions are based on the widely-used probit approach, but the dynamics of regressors are endogenized using a VAR. The combined model is called a ‘ProbVAR’. At any point in time, the ProbVAR allows to...
Persistent link: https://www.econbiz.de/10009640285
This article is based on the results of two company surveys - the first was conducted in 2007, before the recession 2008/2009 hit Austria, and the second was conducted in 2009 shortly after the trough of it. We analyse firms’ reactions to the crisis and focus on their labour market relevant...
Persistent link: https://www.econbiz.de/10009640421
Using a new nationally representative survey of financial capability and experience in the UK and Ireland, I investigate the key factors that cause individuals to experience financial distress. In this context, a key area that I focus on is whether individuals’ behavioural traits, such as...
Persistent link: https://www.econbiz.de/10009640636
This paper aims to shed light on the characteristics and particularly the determinants of credit-less recoveries. After building a dataset and documenting some stylised facts of credit-less recoveries in emerging market economies, this paper uses panel probit models to analyse key determinants...
Persistent link: https://www.econbiz.de/10009640847
poverty eradication made by the International Community in the UN Millennium Declaration. They include halving world poverty … levels alike – which is conducive to development and the elimination of poverty.” The developed countries had to ease market …
Persistent link: https://www.econbiz.de/10011998850
Persistent link: https://www.econbiz.de/10012036334
Poverty among Roma remains one of the most pressing issues for Central and Eastern European states as they move toward … nature of Roma poverty-a multifaceted challenge that can only be addressed by a policy approach that attends to all … overnight. Indeed, poverty among Roma communities in some West European countries highlights the scope of the challenge …
Persistent link: https://www.econbiz.de/10009636922
Persistent link: https://www.econbiz.de/10009636979