Showing 1 - 10 of 13,129
Persistent link: https://www.econbiz.de/10001944698
Persistent link: https://www.econbiz.de/10003628139
The slow recovery following the 2008/2009 recession has led to renewed interest in the question whether deep recessions lower real GDP permanently or whether we can expect a rebound to earlier trend levels. Using a recent quantile autoregression unit root test we check whether shocks to real GDP...
Persistent link: https://www.econbiz.de/10009673738
The slow recovery following the 2008/2009 recession has led to renewed interest in the question whether deep recessions lower real GDP permanently or whether we can expect a rebound to earlier trend levels. Using a recent quantile autoregression unit root test we check whether shocks to real GDP...
Persistent link: https://www.econbiz.de/10009682078
component of productivity in the United States. Using Bayesian estimation techniques we find that external and internal learning … productivity growth is close to the two percent pace. -- Business Cycles ; Cleansing Effects of Recessions ; Endogenous Growth …
Persistent link: https://www.econbiz.de/10003981872
The key feature of endogenous growth models is that they imply that permanent changes in government policy can have permanent effects on growth rates. In this paper we develop and implement an empirical framework to test this implication. In a regression of growth rates on current and lagged...
Persistent link: https://www.econbiz.de/10014093917
relationship between wages, productivity and human capital in 5 European Union countries: France, Germany, Italy, Spain and the … United Kingdom, in comparison with the USA. Firstly we analyze the role of productivity in the explanation of real wages …, secondly we present a comparative study of the evolution of wages and productivity during the period 1985-2005, and thirdly we …
Persistent link: https://www.econbiz.de/10012770585
The relationship between venture capital and growth is examined using an endogenous growth model incorporating dynamic contracts between entrepreneurs and venture capitalists. At each stage of financing, venture capitalists evaluate the viability of startups. If viable, venture capitalists...
Persistent link: https://www.econbiz.de/10011782639
Persistent link: https://www.econbiz.de/10009665904
Persistent link: https://www.econbiz.de/10009621845