Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10003288723
Persistent link: https://www.econbiz.de/10001701961
Persistent link: https://www.econbiz.de/10001633114
Persistent link: https://www.econbiz.de/10001507272
Persistent link: https://www.econbiz.de/10001511020
This paper examines the macroeconomic aftermath of the 1992 breakdown of the European Exchange Rate Mechanism (ERM). The economic performance of six leaver' nations is compared with five stayer' nations that maintained a roughly fixed parity with the Deutsche Mark. Recent writing about...
Persistent link: https://www.econbiz.de/10012471843
By merging KLEMS data sets and aggregating over the ten largest Western European nations (EU-10), we are able to … compare and contrast productivity growth up through 2015 starting from 1950 in the U.S. and from 1972 in the EU-10. Data are …-industries. The analysis focuses on outcomes over four time intervals: 1950-72, 1972-95, 1995-2005, and 2005-15. We interpret the EU …
Persistent link: https://www.econbiz.de/10012479654
aggregate of ten Western European nations (the EU-10) from 1977 to 2015. We find that the standard growth accounting approach is …. Using industry-level data from EU KLEMS, we find that most of the 1995-2005 U.S. productivity growth revival was driven by … ICT-intensive industries producing market services and computer hardware. In contrast the EU-10 experienced a 1995 …
Persistent link: https://www.econbiz.de/10012481620
, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth … between the EU and US going back to 1980. This paper is about the strong negative tradeoff between productivity and employment … employment growth across countries and time. Our primary explanatory variables to explain both the revival of EU employment …
Persistent link: https://www.econbiz.de/10012464806
Starting from the same level of productivity and per-capita income as the United States in the mid-nineteenth century, Europe fell behind steadily to a level of barely half in 1950, and then began a rapid catch-up. While Europe's level of productivity has almost converged, its income per person...
Persistent link: https://www.econbiz.de/10012468028