This study analyzes trends and investigates the relationship between external debt and economic growth in the WAMZ using descriptive trend analysis and panel data analysis. The trend and descriptive analysis assessed the behavior of external debt and economic growth while the empirical analyses...

Junge und gut ausgebildete Menschen sind besonders mobil. Seit 2004 ziehen sie zunehmend in die Städte und gründen ihre Familien dort. In der Folge steigt auf dem Land das Durchschnittsalter und es fehlt dort zunehmend an hochqualifizierten Arbeitskräften und Schulabgängern....

This study provides an overview of economic and labour market developments in the new EU member states of Central and Eastern Europe over the past several years. In addition, it presents the experiences that have been collected with regard to migration flows between the 'old' and the 'new'...

This paper presents a descriptive account of labour mobility across the EU economies. The focus of the paper is on different patterns between migrants ('foreign born') and natives with regard to mobility, exploring in particular the potential of migrants to 'grease the wheels' (Borjas, 2001) of...

Remittances in Moldova reach 36% of GDP, hence they constitute an essential part of the Moldovan economy. The most visible characteristic of remittances is their unequal distribution. The analysis applying the standard Lorenz Curve proves that 75% receiving households gets only 25% of total...

This volume was prepared by Jens Ruhose while he was working at the Ifo Institute. It was completed in December 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes four self-contained chapters that contribute to the understanding of the...

The paper compares three countries (Hungary, Poland and Romania) in terms of the number of greenfield FDI projects and of GDP by NUTS-2 sub-country regions. We discuss whether the particular regions received a smaller or larger share of projects than their share in GDP. Then we outline the...

Mit dem Ziel, diesen Campus national und international als attraktiven Wirtschafts- und Wissenschaftsstandort zu etablieren, wurde das Projekt „Nachhaltige Vitalisierung des kreativen Quartiers um den Campus Berlin-Charlottenburg“ (NAVI BC) mit einer Laufzeit von zwei Jahren (01.11.2008 –...

Banks have substantial exposures to commercial real estate (CRE). Rental prices are important for CRE companies' debt-service capacity, which in turn affects the risk of future bank losses. In this paper, we estimate error correction models (ECMs) to determine the main drivers of office rents in...

We present a macroprudential stress testing framework. While traditional stress testing assesses the level of banks' capital adequacy relative to regulatory requirements through a hypothetical crisis, macroprudential stress testing assesses macroeconomic consequences of the impact of banks'...