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There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10013155560
This paper introduces a novel approach for dealing with the 'curse of dimensionality' in the case of large linear dynamic systems. Restrictions on the coefficients of an unrestricted VAR are proposed that are binding only in a limit as the number of endogenous variables tends to infinity. It is...
Persistent link: https://www.econbiz.de/10013316638
We bring the notion of connectedness (Diebold and Yilmaz, 2012) to a set of two critical macroeconomic variables as inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro setting– to explore the extent and consequences of...
Persistent link: https://www.econbiz.de/10013236402
affects performance. The second concerns whether the business and investment environment affects the performance of countries …
Persistent link: https://www.econbiz.de/10013136777
Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their economic effects. In this paper we analyze for the first time the economic impact of industrial robots, using new data on a panel of industries in 17 countries from 1993-2007.We...
Persistent link: https://www.econbiz.de/10013024924
To better understand potential relationships between income and terrorism, we study data for 1,527 subnational regions … alternative specifications. The threat of terrorism systematically rises as low-income polities become richer, peaking at an … pattern emerges for domestic and transnational terrorism alike. Peaks in the income-terrorism relationship differ by …
Persistent link: https://www.econbiz.de/10014083946
In this paper we investigate whether the effects of terrorism in one country spillover to affect trade in neighboring … stock measures of terrorism, and even for terrorist incidents with zero casualties. Spillovers from terrorism are relatively … long-lived, depressing bilateral trade up to five years after a terrorist event. Our findings are consistent with terrorism …
Persistent link: https://www.econbiz.de/10012952616
disasters, terrorism, and violent conflicts – on the perceptions of entrepreneurs concerning some key entrepreneurial issues …
Persistent link: https://www.econbiz.de/10013135192
The existing literature on the determinants of terrorism treats terror as a uniform phenomenon and does not distinguish … terror. We analyze determinants of domestic and international terrorism, for target and origin using the Global Terrorism …
Persistent link: https://www.econbiz.de/10013104966
some strategies are presented to combat (the financing) of terrorism …
Persistent link: https://www.econbiz.de/10013145188