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Determinants of human development: Capturing the role of institutions
Binder, Michael; Georgiadis, Georgios - 2011
In this paper, we study development in a panel of 87 countries from 1970 to 2005. We focus on characterizing … as measured by GDP to that measured by the Human Development Index (HDI). We do so within a novel dynamic panel modelling …
Persistent link: https://www.econbiz.de/10010274921
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Determinants of human development : capturing the role of institutions
Binder, Michael; Georgiadis, Georgios - 2011
In this paper, we study development in a panel of 87 countries from 1970 to 2005. We focus on characterizing … as measured by GDP to that measured by the Human Development Index (HDI). We do so within a novel dynamic panel modelling … institutional quality. -- human development ; institutions ; dynamic panel modelling …
Persistent link: https://www.econbiz.de/10009011991
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Private capital inflow and growth in former Soviet-bloc countries : roles of stock market and demand-side macroeconomic policy
Suliman, Adil H.; Shariff, Mohammed Zakaullah; … - In: European journal of comparative economics 16 (2019) 1, pp. 69-79
policy are investigated using panel data analysis. The result suggests that though foreign direct investment (FDI …
Persistent link: https://www.econbiz.de/10012259732
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Financial stability, wealth effects and optimal macroeconomic policy combination in the United Kingdom : a new-Keynesian dynamic stochastic general equilibrium framework
Nasir, Muhammad Ali; Yago, Milton; Soliman, Alaa M.; … - In: Cogent economics & finance 4 (2016) 1, pp. 1-25
This study derives an optimal macroeconomic policy combination for financial sector stability in the United Kingdom by employing a New Keynesian Dynamic Stochastic General Equilibrium (NK-DSGE) framework. The empirical results obtained show that disciplined fiscal and accommodative monetary...
Persistent link: https://www.econbiz.de/10011450563
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The causes of Japan's 'lost decade': The role of household consumption
Horioka, Charles Yuji - 2006
In this paper, I analyze the causes of the prolonged slowdown of the Japanese economy in the 1990s and find that the stagnation of investment, especially private fixed investment, was the primary culprit. I then investigate the causes of the stagnation of household consumption during the 1990s...
Persistent link: https://www.econbiz.de/10010332277
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The causes of Japan's 'lost decade' : the role of household consumption
Horioka, Charles (contributor) - 2006
In this paper, I analyze the causes of the prolonged slowdown of the Japanese economy in the 1990s and find that the stagnation of investment, especially private fixed investment, was the primary culprit. I then investigate the causes of the stagnation of household consumption during the 1990s...
Persistent link: https://www.econbiz.de/10003339301
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Post COVID-19 Fractal Economics and Economies
Hegadekatti, Kartik - 2020
Due to the COVID-19 pandemic and its accompanying 'lockdowns', Global economic growth will be nil or negative for some time to come. Due to large scale quarantine measures, economic activity that entails social gatherings or presence of crowds is also no longer possible or encouraged. This paper...
Persistent link: https://www.econbiz.de/10012834292
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Macroeconomic Implications of the Global Crisis on Bulgarian Economy Since 2008
Zlatinov, Dimitar - 2016
The paper examines changes in the Bulgarian economy following the global financial and economic crisis of 2008. The discussion is primarily based on the behavior of economic agents in the crisis – households and companies. The paper also seeks to address the changes in the external and fiscal...
Persistent link: https://www.econbiz.de/10012985515
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Modeling the Consumption Response to the Cares Act
Carroll, Christopher D. - 2020
To predict the effects of the 2020 U.S. ‘CARES' act on consumption, we extend a model that matches responses of households to past consumption stimulus packages. The extension allows us to account for two novel features of the coronavirus crisis. First, during the lockdown, many types of...
Persistent link: https://www.econbiz.de/10012828886
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Modeling the consumption response to the CARES Act
Carroll, Chris; Crawley, Edmund S.; Slacalek, Jirka; … - 2020
To predict the effects of the 2020 U.S. "CARES" act on consumption, we extend a model that matches responses of households to past consumption stimulus packages. The extension allows us to account for two novel features of the coronavirus crisis. First, during the lockdown, many types of...
Persistent link: https://www.econbiz.de/10012241286