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investment rate has been falling for a long time and is still low by international standards. The calculations in this study … indicate that Germany has shown an annual investment gap of three percent on average since 1999. This means that Germany needs … average investment gap of around 75 billion euros each year. Calculations by DIW Berlin for the purposes of this study …
Persistent link: https://www.econbiz.de/10010148270
formulate a model of financing. New Keynesian theory emphasizes that a firm’s net worth influences investment decisions and … bank’s lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the …
Persistent link: https://www.econbiz.de/10010186054
theory of business coexistence between neo-classical growth models during "Peace time", and unpredicted forces and engines …
Persistent link: https://www.econbiz.de/10009958038
Today it's frequently used the terms PIGS or PIIGS, acronyms used by economic journalists to refer to different countries of the European Union for their statement of affairs. The bad connotation is evident from the fact that pigs in English suggest the bad state of the economies of these...
Persistent link: https://www.econbiz.de/10009958460
This paper investigates the short run as well the long run relationships between money supply, inflation, government expenditure and economic growth by employing the Error Correction Mechanism (ECM) and Johansen co-integration test respectively for the case of Cyprus using annual data from 1980...
Persistent link: https://www.econbiz.de/10010097637
While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit insurance on steady-state employment, the short-term effects of benefit reforms are not well-established. This paper contributes to fill this gap by estimating impulse responses to...
Persistent link: https://www.econbiz.de/10010118882
The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long run (since 1890) and in the medium run (since 1980). During the past century, the United States has...
Persistent link: https://www.econbiz.de/10010080120
This study examines the relationships between the employment and foreign direct investment (FDI) in Malaysia. The …
Persistent link: https://www.econbiz.de/10010009045
future. -- investment incentive ; tax incentives ; financial incentives ; priority regions for development ; SMEs (small and …
Persistent link: https://www.econbiz.de/10010118416
. -- unemployment dynamics ; structural multi-equation models ; chain reaction theory ; simulations ; PIGS …
Persistent link: https://www.econbiz.de/10010118876