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International Evidence on Output Fluctuation and Shock Persistence
Levy, Daniel; Dezhbakhsh, Hashem - 2010
We estimate output growth rate spectra for 58 countries. The spectra exhibit diverse shapes. To study the sources of this diversity, we estimate the short-run, business cycle, and long-run frequency components of the sampled series. For most OECD countries the bulk of the spectral mass is in the...
Persistent link: https://www.econbiz.de/10014090858
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Labour tax reforms, cross-country coordination and the monetary policy stance in the euro area : a structural model-based approach
Jacquinot, Pascal; Lozej, Matija; Pisani, Massimiliano - 2018
We evaluate the effects of permanently reducing labour tax rates in the euro area (EA) by simulating a large-scale open economy dynamic general equilibrium model. The model features the EA as a monetary union, split in two regions (Home and the rest of the EA - REA), the US, and the rest of the...
Persistent link: https://www.econbiz.de/10011792134
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Disequilibrium macroeconomic dynamics, income distribution and wage-price Phillips curves : evidence from the US and the euro area
Proaño Acosta, Christian; Flaschel, Peter; Ernst, Ekkehard - 2006
current inflation rates and adaptive expectations concerning the inflation climate in which the economy operates. The model … correction terms, and indirectly of income distribution, in the dynamics of wage and price inflation in the U.S. and the euro … Autoren auf der Basis von hochaggregierten Zeitreihen für die USA und den Euroraum strukturelle Parameterschätzwerte. Diese …
Persistent link: https://www.econbiz.de/10003744531
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Ongoing Changes in the Business Cycle - Evidence and Causes
Dalsgaard, Thomas; Elmeskov, Jørgen; Park, Cyn-Young - 2002
This paper first reviews a number of stylised facts concerning OECD country business cycles over the past four decades. In general, the amplitude of business cycles has fallen, driven mainly by declining fluctuations of domestic demand. As a result, international divergencies of cyclical...
Persistent link: https://www.econbiz.de/10011689904
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Ongoing Changes in the Business Cycle : Evidence and Causes
Dalsgaard, Thomas - 2002
This paper first reviews a number of stylised facts concerning OECD country business cycles over the past four decades. In general, the amplitude of business cycles has fallen, driven mainly by declining fluctuations of domestic demand. As a result, international divergencies of cyclical...
Persistent link: https://www.econbiz.de/10012445279
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The Distributional Impacts of Worker Reallocation : Evidence from Europe
Bluedorn, John C.; Caselli, Francesca; Hansen, Niels-Jakob - 2022
Using individual-level data for 30 European countries between 1983 and 2019, we document the extent and earning consequences of workers’ reallocation across occupations and industries and how these outcomes vary with individual-level characteristics, namely (i) education, (ii) gender, and...
Persistent link: https://www.econbiz.de/10014030478
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The impact of economic and sociocultural factors on the distribution of income for some developed countries
Kot, Stanisław Maciej - 1992
Persistent link: https://www.econbiz.de/10000875381
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An age perspective on economic well-being and social protection in nine OECD countries
Dang, Thai Thanh; Immervoll, Herwig; Mantovani, Daniela; … - 2006
This paper quantifies the economic well-being of different age groups and the extent of their reliance on incomes from public and private sources. The aim is to establish how social benefits, and the taxes needed to finance them, affect income levels and disparities across different age groups....
Persistent link: https://www.econbiz.de/10003335455
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An age perspective on economic well-being and social protection in nine OECD countries
Dang, Thai Thanh; Immervoll, Herwig; Mantovani, Daniela; … - 2006
Persistent link: https://www.econbiz.de/10003335597
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Social transfers and income inequality in old-age : a multi-national perspective?
Brown, Robert L. (contributor); Prus, Steven G. (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002422790