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The propagation of industrial business cycles
Camacho, Maximo; Leiva-Leon, Danilo - 2017
Persistent link: https://www.econbiz.de/10011791497
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Tracking the slowdown in long-run GDP growth
Antolin-Diaz, Juan; Drechsel, Thomas; Petrella, Ivan - 2016 - This draft: January 25, 2016
Persistent link: https://www.econbiz.de/10012171739
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Is industrial production still the dominant factor for the US economy?
Andreou, Elena; Gagliardini, Patrick; Ghysels, Eric; … - 2017
Persistent link: https://www.econbiz.de/10011731242
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Is industrial production still the dominant factor for the US economy?
Andreou, Elena; Gagliardini, Patrick; Ghysels, Eric; … - 2016
We derive asymptotic properties of estimators and test statistics to determine - in a grouped data setting - common versus group-specific factors. Despite the fact that our test statistic for the number of common factors, under the null, involves a parameter at the boundary (related to unit...
Persistent link: https://www.econbiz.de/10011515884
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Labor productivity slowdown in the developed economies : another productivity puzzle?
Erber, Georg; Fritsche, Ulrich; Harms, Patrick - 2016
The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 …-term productivity trends using state-space approaches, we extract a common factor from these long-term trend series using factor … analysis. The country specific differences are only of second order importance. Dominant is an overall long-term productivity …
Persistent link: https://www.econbiz.de/10011532779
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Wachstumsmotor Industrie? : zur Bedeutung des Verarbeitenden Gewerbes für die Entwicklung des Bruttoinlandsprodukts
Wienert, Helmut - 2009
Aufbauend auf einem von Kaldor 1967 entwickelten Ansatz wird der Einfluss der Industrieproduktion auf das … Aufschwüngen zieht die viel stärker als die übrigen Sektoren schwankende Industrieproduktion das gesamtwirtschaftliche Wachstum … nach oben, in Abschwüngen wird es durch den Einbruch bei der Industrieproduktion gedrückt. In Schwellenländern ist die …
Persistent link: https://www.econbiz.de/10010357164
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Wachstumsmotor Industrie? : zur Bedeutung des verarbeitenden Gewerbes für die Entwicklung des Bruttoinlandsprodukts
Wienert, Helmut - 2009
Persistent link: https://www.econbiz.de/10013438172
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Measuring the euro area output gap using multivariate unobserved components models containing phase shifts
Chen, Xiaoshan; Mills, Terence C. - 2009
Persistent link: https://www.econbiz.de/10003908606
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Predicting ordinary and severe recessions with a three-state Markov-switching dynamic factor model
Carstensen, Kai; Heinrich, Markus; Reif, Magnus; … - 2019
We estimate a Markow-switching dynamic factor model with three states based on six leading business cycle indicators for Germany preselected from a broader set using the Elastic Net soft-thresholding rule. The three states represent expansions, normal recessions and severe recessions. We show...
Persistent link: https://www.econbiz.de/10012098161
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A short-term forecasting model for the Spanish economy : GDP and its demand components
Arencibia Pareja, Ana; Gómez-Loscos, Ana; Luis López, … - 2018
Persistent link: https://www.econbiz.de/10011799888