From 2005 to 2009, a grand coalition was formed during the 16th legislative period of the Bundestag, the German federal parliament, to support Chancellor Angela Merkel’s government. The three parties (CDU, CSU and SPD) which formed the grand coalition had an unusually large majority...

ILO pub. Feasibility study on the design of an econometric model for assessment of economic growth and population dynamics in Indonesia - describes a modular approach to modelling based on EDP simulation techniques, discusses plan implementation and submodels regarding projections of economic...

ILO pub-WEP pub. Working paper on rural area poverty trends in Central America - summarizes findings of six case studies; looks at agricultural incomes, wages, and other poverty-linked economic indicators; examines impact of the export-oriented pattern of economic growth, particularly on small...

This paper is (over the formulas) self explaining . The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a So-cial factors relativized GDP. This index cuts out the part of the GDP that is long term fro-zen up by social transfers...

Prognosen der wirtschaftlichen Entwicklung auf regionaler Ebene sind bisher eher selten in der wissenschaftlichen Literatur und in der Praxis vorzufinden. Dies ist vor allem auf das Fehlen von Quartalsdaten und der nur wenigen potenziellen Indikatoren auf regionaler Ebene zurückzuführen. Der...

“Program numbers” from a sample of IMF-supported programs are studied as if they were forecasts, through statistical analyses of the relationship between projections and outcomes for growth, inflation, and three balance of payments concepts. Statistical bias is found only for projections of...

This paper analyzes the importance of developing market-enhancing institutions for restoring economic growth in transition economies during 1991–98. The paper’s main finding is that the development of an institutional framework has indeed a significant positive impact on growth, but that...

This paper investigates the impact of public capital on private sector output by testing and estimating an aggregate production function for the U.S. economy over the postwar period augmented to include the stock of public capital as an additional factor input. We use patent applications to...

This paper reviews the international business cycle among Group of Seven (G-7) countries since 1973 from two angles. An examination of business cycle synchronization among these countries using simple descriptive statistics shows that synchronized slowdowns have been the norm rather than the...

A method for using panel data to evaluate growth theories is formulated. This method enables endogenous growth models predicting that countries have different trend growth rates to be tested against exogenous growth models predicting that countries have parallel growth paths. This method is...