Showing 1 - 10 of 18
of financial markets seems necessary to accelerate economic growth. …
Persistent link: https://www.econbiz.de/10005150193
productivity growth remained sluggish, with traditional sectors both in manufacturing and services seemingly unable to benefit from … most important factor contributing to value added growth in manufacturing during 1995-2000, before the burst of the dot ….com bubble. Because most ICT capital is concentrated in high tech industries, growth in manufacturing has been mostly confined to …
Persistent link: https://www.econbiz.de/10003741423
wage growth and inflation in Europe and factors that influence the strength of the passthrough from labor costs to prices …. Historically, wage growth has led to higher inflation, but the impact has weakened since 2009. Empirical analysis suggests that the … passthrough from wage growth to inflation is significantly lower in periods of subdued inflation and inflation expectations …
Persistent link: https://www.econbiz.de/10012842209
The economic and financial development are examined in Algeria, Egypt, Iran, Israel, Jordan, Kuwait, Lebanon, Morocco, Oman, Saudi Arabia, Syria, Tunisia, Turkey, United Arab Emirates, and Yemen, representing the Middle East and North Africa region. Lengthy bureaucratic procedures, unclear...
Persistent link: https://www.econbiz.de/10005126714
Persistent link: https://www.econbiz.de/10013543231
This report analyzes the Israeli economy and its financial system in detail. A strong macroprudential framework is believed to be an effective tool in identifying in advance and extenuating threats that arise within the financial domain. It is also stated that the present fragile global economic...
Persistent link: https://www.econbiz.de/10011243476
Several empirical studies reveal that holidays generally create positive sentiment in the stock market, whereas negative events, such as wars or disasters are accompanied by negative sentiment. However, what happens if a negative event occurs on a holiday? In such a case, we expect two...
Persistent link: https://www.econbiz.de/10013070621
We investigate conflict of interest in universal banking through IPO short run-returns. Two of the main obstacles to detect mispricing in IPOs are the price stabilization performed by the underwriter that can distort secondary market prices and the absence of data on the ex-ante demand for the...
Persistent link: https://www.econbiz.de/10013057591
We study a 2012 reform in Israel where all exchange-traded products listed on the Tel Aviv Stock Exchange (TASE) adopted the Exchange Traded Fund (ETF) creation mechanism wherein designated market makers arbitrage between the index price and the net asset value of its benchmark. The reform...
Persistent link: https://www.econbiz.de/10014258663
This paper offers a new approach to the political economy of armament, focusing on the relationship between military spending and differential accumulation in mature capitalist economies. Applied to the “model” case of Israel, our analysis suggests that the militarization of Israel’s...
Persistent link: https://www.econbiz.de/10011644563