Narrow search
Showing 1 - 10 of 18,822
Cover Image
Within and between panel cointegration in the German regional output-trade-FDI nexus
Mitze, Timo - 2010 - First version: May 2010; this version: October 2010
For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently … included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both … allows us to analyze the short- and long-run impacts of internationalization activities. For the long-run cointegration …
Persistent link: https://www.econbiz.de/10011535894
Cover Image
Non-linear effects of fiscal policy in Germany : a Markov-switching approach
Höppner, Florian; Wesche, Katrin - 2000 - This version: July 2000
Keynesian theory suggests that a reduction in government expenditure has a negative effect on private demand and therefore on output. Contrary, neoclassical theory argues that reduced public expenditure makes room for an expansion of the private sector and thus has a stimulating effect on the...
Persistent link: https://www.econbiz.de/10011540071
Cover Image
Long-run relation and short-run dynamics in energy consumption-output relationship : international evidence from country panels with different growth rates
Mohammadi, Hassan; Amin, Modhurima Dey - In: Energy economics 52 (2015) 1, pp. 118-126
Persistent link: https://www.econbiz.de/10011568141
Cover Image
Fiscal multipliers of central, state and local government and of the social security funds in Germany : evidence of a SVAR
Hollmayr, Josef; Kuckuck, Jan - 2018
By applying a Structural Vector Autoregressive (SVAR) approach this paper estimates the effects of fiscal policy shocks of different government sub-sectors on aggregate GDP in Germany. From a general government perspective, the results show that besides investment, it is particularly changes in...
Persistent link: https://www.econbiz.de/10011897960
Cover Image
The NAIRU and the extent of the low-pay sector
Garz, Marcel - 2010
after the German reunification, cointegration is found between both variables suggesting a slightly positive relationship. …
Persistent link: https://www.econbiz.de/10009306634
Cover Image
What drives Germany's exports?
Frenkel, Michael; Zimmermann, Lilli - In: International journal of management and economics 56 (2020) 2, pp. 99-108
cointegration estimation techniques, we examine different determinants for their ability to explain German exports during the period … 1992-2016. The estimation results indicate that, in addition to the traditional determinants (world demand and price …
Persistent link: https://www.econbiz.de/10012302747
Cover Image
Do expectations matter? : reassessing the effect of government spending on key macroeconomic variables in Germany
Gründler, Klaus; Sauerhammer, Sarah - 2016
This paper investigates the effects of government spending on key macroeconomic variables in Germany. It contributes to the ongoing debate on how to properly identify exogenous fiscal shocks in the data and on whether or not the government should intervene in the business cycle. Following Ramey...
Persistent link: https://www.econbiz.de/10011525541
Cover Image
Empirical studies on public debt and fiscal transfers
Reischmann, Markus Josef - 2016
This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an introduction to the topic, chapter 2 shows that the institutional setting of fiscal policy making needs to be considered when assessing the sustainability of fiscal policy. Using...
Persistent link: https://www.econbiz.de/10011742833
Cover Image
The Hamilton regression in comparison : evidence from German business cycles since 1950
Siemers, Lars - 2023
Business-cycle adjustment is mostly determined via filter methods, especially the HP filter, or, e.g. within the EU fiscal rules, by a production function approach. James Hamilton put big doubt on the quality of the HP filter estimates, and proposed an alternative regression approach to...
Persistent link: https://www.econbiz.de/10014307295
Cover Image
Das Public Kapital : How Much Would Higher German Public Investment Help Germany and the Euro Area?
Elekdag, Selim Ali - 2015
Given the backdrop of pressing infrastructure needs, this paper argues that higher German public investment would not only stimulate domestic demand in the near term and reduce the current account surplus, but would also raise output over the longer-run as well as generate beneficial regional...
Persistent link: https://www.econbiz.de/10013028678