Showing 1 - 10 of 197
The paper proposes two econometric models of inflation for Azerbaijan: one based on monthly data and eclectic, another … based on quarterly data and takes into account disequilibrium at the money market. Inflation regression based on monthly … data showed that consumer prices dynamics is explained by money growth (the more money, the higher the inflation), exchange …
Persistent link: https://www.econbiz.de/10011430889
What has happened to average incomes, inequality, poverty, jobs and pay since 2009 and since 2019? How does the UK compare internationally?
Persistent link: https://www.econbiz.de/10014581803
Economic outcomes before and after the break-up of Yugoslavia What are the costs of nationalistic policies? The … expectations may be more optimistic than is warranted as the example of the breakup of Yugoslavia suggests. Assuming that … nationalists expected that economic results would be better than in federal Yugoslavia, it makes sense to get some idea of what an …
Persistent link: https://www.econbiz.de/10012100212
Ausgleich von Preisschocks durchsetzt, zu hoher Inflation und letztlich zu harter restriktiver Geldpolitik mit Arbeitslosigkeit … side of capital. The experience of the inflation wave and oil price shocks of the 1970s shows that a wage policy that … enforces full compensation of price shocks through higher wages leads to high inflation and ultimately to harsh restrictive …
Persistent link: https://www.econbiz.de/10014331142
In this paper, a dynamic relationship between the wind electricity production of Germany and Spain is presented. With the help of a VAR(1) model, and using the terminology of Granger Causality, it is shown that the wind electricity production of Germany Granger causes the wind electricity...
Persistent link: https://www.econbiz.de/10011379853
Conventional econometric analysis using VEC suggests that there is a long-term relationship between nominal world GDP and nominal world exports. The analysis cannot say anything about the causal relationships between the levels of GDP and exports. But it says a lot about the rules governing the...
Persistent link: https://www.econbiz.de/10012100122
The aim of this report, which has been prepared by a Task Force of the Monetary Policy Committee of the Eurosystem, is to describe and analyse the main developments in labour supply and its determinants in the euro area, review the links between labour supply and labour market institutions,...
Persistent link: https://www.econbiz.de/10011606239
worsens. Moreover, robust results across the regression scenarios show that higher employment protection and minimum wages … indicate that the increasing share of services employment in total employment is helping to reduce unemployment among young …
Persistent link: https://www.econbiz.de/10011606241
the euro area. Employment began to rise again in the first half of 2011, but declined once more at the end of that year … fall in GDP, employment adjustment has been relatively muted at the aggregate euro area level, mostly due to significant … some euro area countries, in others dramatic changes in employment and unemployment rates have been observed and, indeed …
Persistent link: https://www.econbiz.de/10011606290
The global financial and economic crisis – including two euro area recessions in 2008-2009 and 2011-2013 – has had a heavy impact on euro area labour markets. A notable feature throughout the crisis has been the considerable degree of cross-country heterogeneity of labour market adjustments...
Persistent link: https://www.econbiz.de/10011606311