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the Commission’s past and current cooperation relations with Vietnam; - to identify key lessons in order to improve the …
Persistent link: https://www.econbiz.de/10011799407
independent assessment of the EC’s past and current cooperation relations with Vietnam; •to identify key lessons in order to …’s co-operation with Vietnam and its implementation for the period 1996-2008, allowing at the same time for conclusions and …
Persistent link: https://www.econbiz.de/10011799419
reduction of poverty and inequality in Paraguay. This work is part of an international process to evaluate the effects Budget … Support operation - the Programme to Support the Targeted Fight Against Poverty (PALFP), and two Sectoral Budget Support …
Persistent link: https://www.econbiz.de/10011799506
In a cross section of OECD countries we replace the macroeconomic production function by a production possibility frontier, TFP being the composite effect of efficiency scores and possibility frontier changes. We consider, for the periods 1970, 1980, 1990, 2000, one output: GDP per worker; three...
Persistent link: https://www.econbiz.de/10009640405
To measure contagion empirically, we propose using a Bayesian time-varying coefficient model estimated with Markov ChainMonte Carlo methods. The proposed measure works in the joint presence of heteroskedasticity and omitted variables and does not require knowledge of the timing of the crisis. It...
Persistent link: https://www.econbiz.de/10009635914
In this paper we compare the in-sample fit and out-of-sample forecasting performance of no-arbitrage quadratic and essentially affine term structure models, as well as the dynamic Nelson-Siegel model. In total eleven model variants are evaluated, comprising five quadratic, four affine and two...
Persistent link: https://www.econbiz.de/10009640335
Capital-labor substitution and total factor productivity (TFP) estimates are essential features of growth and income distribution models. In the context of a Monte Carlo exercise embodying balanced and near balanced growth, we demonstrate that the estimation of the substitution elasticity can be...
Persistent link: https://www.econbiz.de/10009640366
The paper presents an analysis of the trade-offs of participants of different type between payment delay and liquidity requirement on the basis of synthetically generated data. The generation of the synthetic transaction data set for a simple RTGS system is described and calibrated using real...
Persistent link: https://www.econbiz.de/10009640617
Estonia with the EU-15 and the former accession countries. It gives an overview of the nominal convergence according to the … rules laid down by EC Treaty on EMU convergence criteria. In the context of real convergence the set of criteria provided by …
Persistent link: https://www.econbiz.de/10009636773
. 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 membership, trade and investment. We also analyse how seven … growth in the accession countries. Still, the experience of the EU15 countries shows that convergence cannot be taken for …
Persistent link: https://www.econbiz.de/10009636868