Showing 1 - 10 of 263
This paper is an attempt to explain variations across EU regions in productivity growth and takes into consideration the important structure of the age-productivity relation of Human Capital. The study is fundamentally based on the theory of Fingleton's model which analyses the spatial process...
Persistent link: https://www.econbiz.de/10011479474
I propose a two-sector endogenous growth model with heterogeneous sectoral productivity and nonlinear hiring costs to analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest that an upward shift in employment, triggered for...
Persistent link: https://www.econbiz.de/10012307862
The impact of broadband Internet on employment is ambiguous, but empirical evidence is still limited. In this paper, we … exploit data on a massive adoption of broadband Internet in France to investigate the impact of broadband Internet on … employment. Using a fuzzy difference-in-difference estimation strategy, we find that broadband Internet destroy jobs, although …
Persistent link: https://www.econbiz.de/10011990963
It is widely perceived that the supply of mortgages, especially since the extensive liberalization of the mortgage market since the 1980s, has had implications for the Dutch housing market. In this paper we introduce a new method to estimate a credit condition index (CCI). The credit conditions...
Persistent link: https://www.econbiz.de/10011495389
Persistent link: https://www.econbiz.de/10010465062
Spending on productive infrastructure is seen as an important contributor to long term economic growth. Several authors have documented a downward trend in public investment during the last three decades and warned about its possible detrimental effects on the economy. A not well-realized fact...
Persistent link: https://www.econbiz.de/10011522639
Numerous studies have focused on the role of EU regional policy in fostering growth and convergence among European regions, why conducting another one? We argue that two facts are still lacking in the actual academic debate in order to get a sound empirical identification strategy and reliable...
Persistent link: https://www.econbiz.de/10011536563
This paper analyzes whether housing-related macroprudential policy has heterogeneous effects on house price growth in local housing markets. More specifically, we employ an extensive dataset of Belgian municipalities containing a multitude of drivers of local house price dynamics and examine the...
Persistent link: https://www.econbiz.de/10013443724
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...
Persistent link: https://www.econbiz.de/10011575139
In this paper we investigate the relevance of bargaining institutions for the decline of the labor share. Several explanations for the decline exist, which consider the relevance of technology, globalization and markups. Neglected so far is the influence of bargaining institutions, in particular...
Persistent link: https://www.econbiz.de/10013328613