We analyse Italy's growth pattern from 2001 to 2019 using the demand and growth regime categories proposed in the post-Keynesian tradition and recently adopted in the comparative political economy (CPE) literature. We argue that Italy followed an export-led recovery strategy after the Global...

The use of a semi-structural model as one of the workhorse tools for macroeconomic analysis and projections at the Bundesbank has a long-standing tradition. In an iterative projection process, the macroeconometric model's main task is to merge projections by Bundesbank experts for various areas...

We analyse Italy's growth pattern from 2001 to 2019 using the demand and growth regime categories proposed in the post-Keynesian tradition and recently adopted in the comparative political economy (CPE) literature. We argue that after the Global Financial and Economic Crisis (GFEC), Italy...

In the paper we analyze the convergence process of the West German Laender from 1970 to 1995 using descriptive tools as well as panel estimation methods. Although there have been some winners in this process, the main finding is that convergence was insufficient in the sense that no gains have...

Der Beitrag beschäftigt sich mit der Genauigkeit der staatlichen Defizitquote im Sinne der Volkswirtschaftlichen Gesamtrechnungen vor dem Hintergrund des Adäquationsproblems. Einzelne umstrittene Verbuchungsfragen, die mit der zeitlichen und sektoralen Zuordnung von Strömen verbunden sind,...

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...