Showing 1 - 10 of 38
Persistent link: https://www.econbiz.de/10011417547
Persistent link: https://www.econbiz.de/10010394952
Persistent link: https://www.econbiz.de/10001653865
Persistent link: https://www.econbiz.de/10001509343
Three current account imbalances - one very large deficit (the United States) and two surpluses (Japan and the Euro area) - are subjected to a minimalist structural interpretation. Though simple, this interpretation enables us to assess how much of each of the imbalances require a real exchange...
Persistent link: https://www.econbiz.de/10003855162
Persistent link: https://www.econbiz.de/10003980290
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … 26 to 35 per cent in the EU and 19 per cent in the US. There is large heterogeneity within the EU. Automatic stabilizers …
Persistent link: https://www.econbiz.de/10003922975
"In recent years, there has been renewed interest in the yield curve (or alternatively, the term premium) as a predictor of future economic activity. In this paper, we re-examine the evidence for this predictor, both for the United States, as well as European countries. We examine the...
Persistent link: https://www.econbiz.de/10008662970
approach to characterize the redistributive preferences embodied in the welfare systems of 17 EU countries and the US. Implicit …
Persistent link: https://www.econbiz.de/10008822490
characteristics in 26 European countries (using EU-SILC data) and the US (using CPS data) and find a robust tendency in all countries …
Persistent link: https://www.econbiz.de/10009230790