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current slowdown and, in light of these, assess the growth potential of the PRC's economy, the conditions under which that …"The People's Republic of China (PRC) has been growing at an unprecedented rate since economic reforms were initiated … in 1978, achieving an average annual real GDP growth rate of 9.7% over the entire period through 2015. As a consequence …
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With disparities in national unemployment rates reaching record levels, the debate on fiscal stabilisers in Europe has gained new momentum. Can a European unemployment insurance scheme help to absorb asymmetric shocks and bring about the desired level of macroeconomic stabilisation? What should...
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This thesis consists of four chapters that examine different policy relevant economic processes related to exchange rates, interest rates and commodity prices. In the first chapter we empirically analyze the relationship between carry trade positions and some key financial as well as...
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Diese Dissertation umfasst drei Studien, in denen die Übertragung makroökonomischer Schocks auf die Realwirtschaft sowie die Identifikation von Kreditangebot im Kontext dieser Schocks behandelt werden. Im ersten Teil der Dissertation wird eine Ereignisstudie eingesetzt, um die...
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