Showing 1 - 10 of 74
already under relatively modest rates. Most contributions to monetary growth theory, however, have difficulties in explaining …
Persistent link: https://www.econbiz.de/10009635886
to shocks. We use a stylised two-bloc, two-period model of the global economy, with a simple stochastic productivity … shock affecting only one country. Efficient global risk-sharing imply that expected productivity gains in one country will … for the productivity gains can further increase the risk exposure of foreign shareholders. The model is calibrated to show …
Persistent link: https://www.econbiz.de/10009635970
This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...
Persistent link: https://www.econbiz.de/10009636539
Persistent link: https://www.econbiz.de/10009635931
the international transmission of productivity improvements generate the observed degree of risk-sharing: one associated …
Persistent link: https://www.econbiz.de/10009636531
firm entry and exit as well as survival analysis of new firms. Also, decompositions of productivity change into components … consisting of resource reallocation, firm entry and exit, and productivity growth within continuing firms are carried out. The … productivity compared to incumbent firms and changes in the sectoral structure of the economy. The decomposition of productivity …
Persistent link: https://www.econbiz.de/10009636560
Slovakia is engaged in an ambitious reform process which has the potential to quicken productivity growth, increase the …
Persistent link: https://www.econbiz.de/10009636870
research and development on the determinants of productivity gaps between the current EU-15 and accession states in central and … specialisation patterns for the explanation of observed productivity gaps and for the projection of future potentials of productivity … growth in central and eastern Europe. For the aggregated level, analysis determines the share of national productivity gaps …
Persistent link: https://www.econbiz.de/10009636897
über den Stand der Messung der Produktivität in der ganzen Welt zu geben, - die wichtigsten Herausforderungen für die …The.31st CEIES seminar "Are we measuring productivity correctly" was held on 12 and 13 October in Rome, Italy. It … of the art in measurement of productivity worldwide, - to identify major challenges for statistics with a special focus …
Persistent link: https://www.econbiz.de/10009638538
This paper discusses the channels between openness and productivity and trade hampering factors. The stylized facts …
Persistent link: https://www.econbiz.de/10009640174