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Our research, based on the ZEW-Foundation Panel East, examines whether high-tech start-ups are mainly founded in scientific and infrastructural well suited regions or not. Estimation results on the level of postcode areas confirm the hypothesis that specific human capital, knowledge spillovers...
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In this paper, we develop a financial stress index for France that can be used as a real-time composite indicator for the state of financial stability in France. We take 17 financial variables from different market segments and extract a common stress component using a dynamic approximate factor...
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recessions (depth, steepness and duration) in the case of the Mexican states employment during the 2001-2003 and 2008 …-2009 recessions. The original models are extended to include the effects of external and fiscal shocks, as measured by the annual … steepness of prior recessions (as measured by the percentage accumulated drop and the monthly average growth rate of employment …
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