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This article contributes new time series for studying the U.K. economy during World War I and the interwar period. The time series are per capita hours worked and average tax rates of capital income, labor income, and consumption. Uninterrupted time series of these variables are provided for an...
Persistent link: https://www.econbiz.de/10010292338
In recent years, extensive literature on the Environmental Kuznets Curve leading to optimistic policy conclusions has attracted great attention. However, the underlying cross-section estimations are not very reliable. Accordingly, this contribution uses time series data for a single country with...
Persistent link: https://www.econbiz.de/10010306026
Regression analyses of cross-country economic growth data are complicated by two main forms of model uncertainty: the uncertainty in selecting explanatory variables and the uncertainty in specifying the functional form of the regression function. Most discussions in the literature address these...
Persistent link: https://www.econbiz.de/10010325783
This work explores some distributional properties of aggregate output growth-rate time series. We show that, in the majority of OECD countries, output growth-rate distributions are well-approximated by symmetric exponential-power densities with tails much fatter than those of a Gaussian. Fat...
Persistent link: https://www.econbiz.de/10010328447
This work brings together two distinct pieces of evidence concerning, at the macro level, international distributions of incomes and their dynamics, and, at the micro level, the size distributions of firms and the properties of their growth rates. First, our empirical analysis provides a new...
Persistent link: https://www.econbiz.de/10010328462
Several economic data series of Liechtenstein are backwardly estimated in order to achieve consistent historic time series. The generated series consist for instance of the national income for the years 1954 to 1992 (by regressive inter- and retropolation with indicators) and 1993 to 1997 (by...
Persistent link: https://www.econbiz.de/10010368149
Die Volkswirtschaftliche Gesamtrechnung Liechtensteins (VGR FL) wurde für das Jahr 1998 eingeführt. Deshalb existieren erst ab diesem Jahr wichtige offiziell ausgewiesene Kennziffern wie das Bruttoinlandsprodukt, das Bruttonationaleinkommen oder das Volkseinkommen. In BRUNHART [2012c] wurden...
Persistent link: https://www.econbiz.de/10010478871
Nicht nur die Kleinheit Liechtensteins und die daraus folgende Exotik, diesen Klein(st)staat als Untersuchungsgegenstand zu wählen, haben bisher dazu geführt, dass erst eine sehr überschaubare ökonomische Literatur zu diesem Thema existiert. Ökonomische oder wirtschaftshistorische Analysen...
Persistent link: https://www.econbiz.de/10010478872
In recent years, extensive literature on the Environmental Kuznets Curve leading to optimistic policy conclusions has attracted great attention. However, the underlying cross-section estimations are not very reliable. Accordingly, this contribution uses time series data for a single country with...
Persistent link: https://www.econbiz.de/10011335695
In den letzten Jahren erwiesen sich die deutschen Exporte als der Konjunkturmotor der deutschen Wirtschaft, und Deutschland wurde als Exportweltmeister noch vor den USA gefeiert. Tatsächlich gilt der Titel jedoch nur für die Warenausfuhr. Berücksichtigt man auch Dienstleistungsexporte, so...
Persistent link: https://www.econbiz.de/10011692740