Macroeconomics is the foremost important theoretical basis for medium- and long-run real and financial investment analysis. In the long run economic growth rules, while in the medium run business cycles determine investment opportunities. In this leaflet we show how a data provider like...

This paper uses a flexible functional form approach to account for the direct and indirect effects of public capital on the private sector. Furthermore we explicitly incorporate energy in the production function. We use the duality between production and cost functions and base our investigation...

This paper adopts the vector autoregression (VAR) approach to modelling the economy of the Netherlands. A VAR system with four endogenous variables---gross domestic product, inflation, the capital market interest rate and the money market interest rate---is built. The small, open character of...

The industrial revolution is traditionally considered the most important break in the history of mankind since the Neolithic period. The industrial revolution marks the beginning of a self-sustained process towards modern economic growth with increasing income par capita. For a long time the...