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Improving the Capacity to Innovate in Germany

Fuentes, Andrés; Wurzel, Eckhard; Morgan, Margaret - Economics Department, Organisation de Coopération et … - 2004

Key indicators show Germany belonging to the countries in the OECD with strong innovation activity even though some weakening in Germany’s position relative to other OECD countries has occurred recently. While the redirection of resources towards unification-related spending as well as low...

Persistent link: https://www.econbiz.de/10005045785

Digitalisation and the labour market: Worker-level evidence from Slovenia

Miho, Antonela - 2023

This paper provides evidence on the effects of digitalisation on the labour market in Slovenia using a unique dataset of Slovenian workers and firms for the years 2016 to 2020. Results show that at the firm level, digitalisation – measured in terms of ICT investment, is associated with...

Persistent link: https://www.econbiz.de/10014435869

COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia

Borowiecki, Martin - 2023

This paper provides evidence on the impact of digitalisation on productivity in Slovenia during the COVID-19 crisis …. The pandemic affected overall labour productivity negatively. Nonetheless, results show that firms that were more ICT …-intensive before the pandemic experienced a smaller decline in their labour productivity growth compared to their less ICT …

Persistent link: https://www.econbiz.de/10014435857

Delivering Endogenous Inertia in Prices and Output

Johri, Alok - In: Review of Economic Dynamics 12 (2009) 4, pp. 736-754

movements in aggregate output and inflation in response to a nominal shock. Two modifications of a standard one-quarter pre …, simulations based on estimated shocks to tfp and money growth suggest both output and inflation are too volatile relative to the …

Persistent link: https://www.econbiz.de/10004985615

Demand shocks and the cyclical behavior of the real wage: Some international evidence

Kandil, Magda - In: Journal of Applied Economics XIII (2010) May, pp. 135-158

The focus of this investigation is on the cyclical response of the real wage to demand shocks. This response differentiates the empirical validity of major New Keynesian explanations of business cycles. The empirical evidence, across industrial countries, highlights a moderate positive...

Persistent link: https://www.econbiz.de/10008568382

Animal Spirits, Persistent Unemployment and the Belief Function

Farmer, Roger E A - C.E.P.R. Discussion Papers - 2010

This paper presents a theory of the monetary transmission mechanism in a monetary version of Farmer’s (2009) model in which there are multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model; the optimizing IS curve and the policy rule. It...

Persistent link: https://www.econbiz.de/10008692320

Wage flexibility and economic stability in a non-Walrasian model of economic growth

Murakami, Hiroki - In: Structural Change and Economic Dynamics 32 (2015) C, pp. 25-41

In this paper, we set up a model of economic growth which deals with Keynesian unemployment, from non-Walrasian/Keynesian perspectives, investigate the possibility of persistent “growth cycles” generated and analyze the effects of flexibility of (real) wages on the long-run economic...

Persistent link: https://www.econbiz.de/10011208931

Information Technology and the U.S. Economy

Jorgenson, Dale W. - In: American Economic Review 91 (2001) 1, pp. 1-32

Persistent link: https://www.econbiz.de/10005573126

Technological diffusion and managing the associated economic transitions in Ireland

Seitani, Haruki; Westmore, Ben - 2020

been uneven across industries and the impact on productivity growth in most firms has been modest so far. …

Persistent link: https://www.econbiz.de/10012259021

Private Consumption and Flourishing Exports Keep the Region on High Growth Track

Astrov, Vasily; Bosnic, Zlatko; Gligorov, Vladimir; … - Wiener Institut für Internationale … - 2007

nowadays much sounder than in the past (Hungary being temporarily an exception). The rates of inflation are quite low and … productivity and downward pressure on wages from excess supply of labour. The expectation of sustained growth is supporting growth … growing external borrowing, possibly associated with the growing presence of foreign banks. Inflation apart, the country …

Persistent link: https://www.econbiz.de/10005695387