Showing 1 - 7 of 7
After the collapse in early transition years, saving rates in Eastern European EU-accession countries have recovered strongly. Is private saving in these countries now driven by the same forces as in the EU? A GMM estimator is applied to analyze the determinants of private saving in both country...
Persistent link: https://www.econbiz.de/10011438969
Private savings mirror consumption behavior. In Europe, the dynamic of consumption is very low, and at the same time …, savings are increasing. Is this a result of macroeconomic policy? A GMM estimator is used to analyze the determinants of … private saving in the EU?s 15 member states. Our main findings are that savings rates inherit a certain degree of persistence …
Persistent link: https://www.econbiz.de/10010324210
After the collapse in early transition years, saving rates in Eastern European EU-accession countries have recovered strongly. Is private saving in these countries now driven by the same forces as in the EU? A GMM estimator is applied to analyze the determinants of private saving in both country...
Persistent link: https://www.econbiz.de/10010260699
This paper explores the heterogeneity of growth in the Western Balkan and Emerging European economies. For that purpose, growth determinants are estimated in the period 1997-2009 by dynamic panel data models. The chosen period provides a comparison for the model results with those estimated for...
Persistent link: https://www.econbiz.de/10010857991
After the collapse in early transition years, saving rates in Eastern European EUaccession countries have recovered strongly. Is private saving in these countries now driven by the same forces as in the EU? A GMM estimator is applied to analyze the determinants of private saving in both country...
Persistent link: https://www.econbiz.de/10005068748
This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework, sectors...
Persistent link: https://www.econbiz.de/10005068986
This paper investigates the determinants of bilateral immigrant ows to 19 OECD countries between 1998 and 2007 from both advanced and developing origin countries. We pay particular attention to dynamics by including both the lagged migrant ow and the migrant stock to capture partial adjustment...
Persistent link: https://www.econbiz.de/10008853026