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M3 money demand and excess liquidity in the euro area

Dreger, Christian (contributor); … - 2008

Money growth in the euro area has exceeded its target since 2001. Likewise, recent empirical studies did not find evidence in favour of a stable long run money demand function. The equation appears to be increasingly unstable if more recent data are used. If the link between money balances and...

Persistent link: https://www.econbiz.de/10003726115

Hysteresis and persistence in the course of unemployment : the EU and US experience

Dreger, Christian (contributor); … - 2006

We investigate hysteresis and persistence behaviour in the course of unemployment in EU countries and US states by …. Hysteresis in EU unemployment is attributed to the idiosyncratic, but not to the common component. In contrast, idiosyncratic … component. These findings might reflect a lower degree of migration of the unemployed in the EU from starving into prosperous …

Persistent link: https://www.econbiz.de/10003304447

Common and spatial drivers in regional business cycles

Artis, Michael J.; Dreger, Christian; Cholodilin, … - 2009

We examine real business cycle convergence for 41 euro area regions and 48 US states. Results obtained by a panel model with spatial correlation indicate that the relevance of common business cycle factors is rather stable over the past two decades in the euro area and the US. Ongoing business...

Persistent link: https://www.econbiz.de/10003807457

Money velocity and asset prices in the euro area

Dreger, Christian; Wolters, Jürgen - In: Empirica : journal of european economics 36 (2009) 1, pp. 51-63

Persistent link: https://www.econbiz.de/10003818904

Hysteresis in the development of unemployment : the EU and US experience

Dreger, Christian; Reimers, Hans-Eggert - In: Spanish economic review : SER 11 (2009) 4, pp. 267-276

Persistent link: https://www.econbiz.de/10003893627

M3 money demand and excess liquidity in the euro area

Dreger, Christian; Wolters, Jürgen - In: Public choice 144 (2010) 3/4, pp. 459-472

Persistent link: https://www.econbiz.de/10008697149

Regional convergence in the enlarged European Union

Eckey, Hans-Friedrich; Dreger, Christian; Türck, Matthias - In: Applied economics letters 16 (2009) 16/18, pp. 1805-1808

Persistent link: https://www.econbiz.de/10003932476

European regional convergence in a human capital augmented solow model

Eckey, Hans-Friedrich (contributor); … - 2006

In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...

Persistent link: https://www.econbiz.de/10003386580

European regional convergence in a human capital augmented Solow model

Eckey, Hans-Friedrich (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003387127

Common and spatial drivers in regional business cycles

Artis, Michael J.; Dreger, Christian; Cholodilin, … - 2009

Persistent link: https://www.econbiz.de/10009545040