During the last two decades, the production value of the Belgian horticultural sector has increased substantially and represents almost a quarter of the total agricultural production value. Within the total production value of vegetables, greenhouse production represents almost half. Despite...

During the last two decades, the production value of the Belgian horticultural sector has increased substantially and represents almost a quarter of the total agricultural production value. Within the total production value of vegetables, greenhouse production represents almost half. Despite...

This paper studies the Great Depression in Belgium within the open-economy dynamic general equilibrium approach. Results from the simulations show that a two-good model with total factor productivity shocks and nominal exchange rate shocks can account for most of the 1929-1934 output drop. The...

This paper casts the Belgian Great Depression of the 1930s within a dynamic stochastic general equilibrium (DSGE) framework. Results show that a total factor productivity shock within a standard real business cycle model is unsatisfactory. Introducing war expectations in the baseline model...

This paper studies the factors influencing the capital structure of Belgian corporate finance since 1984. Using three different datasets, aggregate balance sheets, aggregate flows of funds and a large panel of individual firms followed up during 10 years, we are able to give some empirical...