Showing 81 - 90 of 42,649
In this paper, we examine the relationships between real, credit and house price cycles, by using a synchronicity index …, and structural characteristics and macroeconomic variables of 17 EU countries. We find that the cycles between credit … variables and the real cycle with the property or equity prices cycles seem relatively well synchronised. Credit and GDP …
Persistent link: https://www.econbiz.de/10012950161
In the years since the Great Recession, many observers have highlighted the slow pace of productivity growth around the world. For the United States and Europe, we highlight that this slow pace began prior to the Great Recession. The timing thus suggests that it is important to consider factors...
Persistent link: https://www.econbiz.de/10012995508
This paper investigates the extent to which business cycles of 15 ECOWAS countries are synchronized; which is one of … GSLIM) business cycles are dissimilar to the rest of the ECOWAS. These four countries count only three percent of total …
Persistent link: https://www.econbiz.de/10014092582
-time experiment shows that real M1 can improve output gap estimates for euro area data. For many periods the cyclical component of …
Persistent link: https://www.econbiz.de/10010248220
This paper investigates which shocks drive asynchrony of business cycles in the euro area. Thereby, it unites two …. Results reveal that differences in the GDP dynamics in several peripheral countries compared to a euro zone core are triggered …
Persistent link: https://www.econbiz.de/10011489953
This paper studies the relationship between the business cycle and financial intermediation in the euro area. We …
Persistent link: https://www.econbiz.de/10012000041
This paper studies the relationship between the business cycle and financial intermediation in the euro area. We …
Persistent link: https://www.econbiz.de/10011959310
Using the measures proposed by Mink et al. (2012), we reexamine the coherence of business cycles in the euro area using … business cycle coherence did not increase monotonically. The COVID-19 pandemic made that the signs of the output gaps of euro …
Persistent link: https://www.econbiz.de/10013168003
Identifying fiscal multipliers is usually constrained by the absence of a counterfactual scenario. Our new data set allows overcoming this problem by making use of the fact that recommendations under the EU's excessive deficit procedure (EDP) provide both a baseline no-policy-change scenario and...
Persistent link: https://www.econbiz.de/10011856496
Persistent link: https://www.econbiz.de/10012000829