Showing 1 - 10 of 136
During the crisis, support for the EU has declined noticeably in many European Union member states. While previous research on European public opinion has mainly focused on the impact of domestic country- and individual-level factors on public attitudes towards the EU, this paper argues that...
Persistent link: https://www.econbiz.de/10015298438
We calibrate an incomplete markets large scale OLG model to the US income and wealth distribution and examine the effects of alternative government debt levels and adjustment policies on macroeconomic aggregates and welfare. We find that the government should hold negative debt. Due to the high...
Persistent link: https://www.econbiz.de/10015301887
We propose a novel, multilaterally consistent productivity approach-based indicator to assess the international price … attention has been paid to an appropriate selection of price and productivity data in levels as opposed to indices, and to the …
Persistent link: https://www.econbiz.de/10015301975
perform relatively well, and that firms receiving EU funding experience a persistent productivity increase of approximately 3 …
Persistent link: https://www.econbiz.de/10015452974
increase in fossil fuel prices on sectoral size, labor productivity, and inflation. A hike in the price of fossil resources … display higher idiosyncratic productivity. While this process enhances average labor productivity, it also results in a … cost in terms of output and lower average productivity, but leads to a faster recovery in business dynamism. Thus, our …
Persistent link: https://www.econbiz.de/10015275439
We study the heterogeneous pass-through of carbon pricing on investment across firms. Using balance sheet data of 1.2 million European firms and identified carbon policy shocks, we find that higher carbon prices reduce investment, on average. However, less carbon-intensive firms and sectors...
Persistent link: https://www.econbiz.de/10015278012
We study the relation between firms financial structure, access to external finance and labor productivity using a … to estimate the direct impact of access to finance to firm-level productivity. We find negative and significant effects … estimated loss of around 21% of their labor productivity. In addition, each country would gain on average between one and two …
Persistent link: https://www.econbiz.de/10015298389
This paper provides a new cross-country evaluation of competitiveness, focusing on the linkages between productivity … establish new stylized facts regarding the joint distributions of the firm-level exports performance and productivity in a panel …-exporters. However, this productivity premium is rising with the export experience of firms, with permanent exporters being much more …
Persistent link: https://www.econbiz.de/10015301279
Between 2003 and 2008 productivity patterns diverged between the fast growing, newest members of the European Union and …, with productivity in Southern Europe going into reverse. This paper analyzes which factors - whether countrylevel or firm … which are part of international groups realize more productivity gains than larger domestic competitors. Among the more …
Persistent link: https://www.econbiz.de/10015301840
In this paper a semiparametric stochastic metafrontier approach is used to obtain insight into firm-level competitiveness in Europe. We differ from standard TFP studies at the firm level as we simultaneously allow for inefficiency, noise and do not impose a functional form on the input-output...
Persistent link: https://www.econbiz.de/10015301956