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Most of Russia's industrial sectors saw output in terms of volume stabilize at a low level in H1 2016. Output began to grow slowly at year's end. The summary index of the manufacturing sector was driven by positive dynamics during the last few months of the year. Given that Russia's economy is...
Persistent link: https://www.econbiz.de/10012957554
Im Zentrum dieser Dissertation steht das Beschreiben und Erklären von Konjunkturdynamiken. Motiviert durch den außerordentlich starken wirtschaftlichen Einbruch in 2008/2009 betont die Arbeit dabei die Wichtigkeit der Nutzung von nichtlinearen Modellansätzen. Die Dissertation kann als Beitrag...
Persistent link: https://www.econbiz.de/10012154125
of stagnation or low growth. Comparative case studies of the Great Depression, the Latin American debt crisis of the 1980 … prosperity for a long time? The main conclusion is that stagnation after big financial crises becomes likely when the balance … growth stimulus by the state. Some tentative conclusions for the subprime financial crisis and the Great Recession are drawn. …
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, Kehoe, and McGrattan (2007). Our main result is that weak productivity growth cannot account for the experienced stagnation …. Rather, the stagnation is explained by factors that made labor and investment expensive. We show that an increase in labor …
Persistent link: https://www.econbiz.de/10011961309
This article addresses Japan's economy, its new economic policy package, which is known as Abenomics. The centerpiece of Abenomics has been the three "economic arrows" targeted at aggressive monetary policy, flexible fiscal policy, and growth strategy. This article focuses on Abenomics and shows...
Persistent link: https://www.econbiz.de/10012171656
The question of what really drives economic growth in sub-Saharan Africa (SSA) has been debated for many decades now. However, there is still a lack of clarity on variables crucial for driving growth as prior contributions have been executed at the backdrop of preferential selection of...
Persistent link: https://www.econbiz.de/10014278138
as a pseudo real time forecasting exercise, i.e. due account is taken of the pattern of available monthly variables over …
Persistent link: https://www.econbiz.de/10003825975