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The past Greek crisis experience is more or less terra incognita. In all historical empirical studies Greece is systematically neglected or included only sporadically in their cross-country samples. In the national literature too there is little on this topic. In this paper we focus on the Greek...
Persistent link: https://www.econbiz.de/10014079032
during the stagflation period. By comparing the US experience with simultaneous developments in West Germany, he finds that …, the passbook remained a cornerstone of household saving in Germany. Drawing upon research in several bank archives in the … US and Germany, Knake explains these divergent developments in terms of fundamental differences in how banks and their …
Persistent link: https://www.econbiz.de/10015050123
This paper will put forward a number of economic considerations raised by the Russia-Ukraine conflict with the external strong participation, on the side of the latter, of the United States and its NATO allies. We begin with some observations regarding the United States, followed by the...
Persistent link: https://www.econbiz.de/10014550852
We study the interplay between money market development and changes in monetary policy operating procedures in 11 European countries from c. 1980 up to the launch of EMU. Aspects of money market development such as the size and structure of different market segments, and institutional and...
Persistent link: https://www.econbiz.de/10010335629
The Austrian Institute of Economic Research (WIFO) was long the monopolistic producer of an Austrian stock market index, but in 1981 decided to discontinue its calculation. The founder of the Institute and later Nobel laureate August F. Hayek introduced the index in 1927 when he was guided by...
Persistent link: https://www.econbiz.de/10013114563
We study the interplay between money market development and changes in monetary policy operating procedures in 11 European countries from c. 1980 up to the launch of the EMU. Aspects of money market development such as size and structure of different market segments, and institutional and...
Persistent link: https://www.econbiz.de/10014224474
crime evolved in Austria, Germany and the United States of America (USA) since the 19th century until present. The …
Persistent link: https://www.econbiz.de/10013125609
This paper proposes a comparative analysis of the main macroeconomic aggregates (both real and credit aggregates), and the monetary policy response during the most severe recessions experienced by the Italian economy. This descriptive study focuses mainly on the last forty years, a period for...
Persistent link: https://www.econbiz.de/10013156024
There is considerable evidence that the size of the public sector can influence an economy's rate of economic growth. We investigate public sector spending of central governments and economic performance in two G7 countries over the long-term, Canada and Italy. Their economic performance has...
Persistent link: https://www.econbiz.de/10012870718
This paper analyses the role of knowledge externalities, which may result from agglomeration economies and regional knowledge, on regional export productivity. Knowledge externalities are the result of knowledge transmission between economic agents, being its dissemination not limited to...
Persistent link: https://www.econbiz.de/10014584304