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Unit labor cost growth differentials in the Euro area, Germany, and the US: lessons from PANIC and cluster analysis
Fritsche, Ulrich; Kuzin, Vladimir - 2007
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10010420836
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Analysing Convergence in Europe Using a Non-linear Single Factor Model
Fritsche, Ulrich; Kuzin, Vladimir - 2008
We investigate convergence in European price level, unit labor cost, income, and productivity data over the period of 1960-2006 using the non-linear time-varying coefficients factor model proposed by Phillips and Sul (2007). This approach is extremely flexible on order to model a large number of...
Persistent link: https://www.econbiz.de/10010420851
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Analysing convergence in Europe using a non-linear single factor model
Fritsche, Ulrich; Kuzin, Vladimir - 2008
We investigate convergence in European price level, unit labor cost, income, and productivity data over the period of 1960-2006 using the non-linear time-varying coefficients factor model proposed by Phillips and Sul (2007). This approach is extremely flexible on order to model a large number of...
Persistent link: https://www.econbiz.de/10010426359
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Unit labor cost growth differentials in the Euro area, Germany, and the US : lessons from PANIC and cluster analysis
Fritsche, Ulrich; Kuzin, Vladimir - 2007
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10010426362
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Analysing convergence in Europe using the non-linear single factor model
Fritsche, Ulrich; Kuzin, Vladimir - In: Empirical Economics 41 (2011) 2, pp. 343-369
Persistent link: https://www.econbiz.de/10009324850
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Unit Labor Cost Growth Differentials in the Euro Area, Germany, and the US: Lessons from PANIC and Cluster Analysis
Fritsche, Ulrich; Kuzin, Vladimir - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10005068930
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Analysing Convergence in Europe Using a Non-linear Single Factor Model
Fritsche, Ulrich; Kuzin, Vladimir - Fachbereich Sozialökonomie, Universität Hamburg - 2008
We investigate convergence in European price level, unit labor cost, income, and productivity data over the period of 1960-2006 using the non-linear time-varying coefficients factor model proposed by Phillips and Sul (2007). This approach is extremely flexible on order to model a large number of...
Persistent link: https://www.econbiz.de/10005464589
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Unit labor cost growth differentials in the Euro area, Germany, and the US: lessons from PANIC and cluster analysis
Fritsche, Ulrich; Kuzin, Vladimir - Fachbereich Sozialökonomie, Universität Hamburg - 2007
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10005464597