Showing 1 - 10 of 16,100
2009 ist eine Diskussion darüber entbrannt, inwieweit die derzeitige Finanzkrise Einfluss auf die mittelfristigen … ist. Dazu wird das Produktionspotenzial im Rahmen einer Wachstumsbilanzierung unter Zuhilfenahme von strukturellen … Zeitreihenmodellen abgeschätzt. Die Ergebnisse deuten darauf hin, dass das Niveau des Produktionspotenzials aufgrund der Finanzkrise …
Persistent link: https://www.econbiz.de/10010427571
Schätzungen des Produktionspotenzials und der Produktionslücke einer Volkswirtschaft sind von großer Bedeutung für die Wirtschaftspolitik. Sie spielen eine wesentliche Rolle für den Europäischen Stabilitäts- und Wachstumspakt und für die im Grundgesetz verankerte Schuldenbremse. In der...
Persistent link: https://www.econbiz.de/10011985218
variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and … employment to cyclical output growth across a panel of countries. Measured productivity contributes more to the cycle in Europe …
Persistent link: https://www.econbiz.de/10010274432
We use an estimated monetary business cycle model with search and matching frictions in the labor market and nominal price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and the Great Recession. We estimate the model over the...
Persistent link: https://www.econbiz.de/10010320789
During the ongoing financial crisis the analysis of similar historical crises has gained more and more attention among economic researchers and forecasters. Existing studies, however, do not tackle the immense heterogeneity that is present in cross-country samples in a formal and consistent way....
Persistent link: https://www.econbiz.de/10010265233
Persistent link: https://www.econbiz.de/10014306480
the pronounced worsening of total factor productivity. The paper is rounded out by estimates of some measures of wage …
Persistent link: https://www.econbiz.de/10010295797
We estimate a New Keynesian general-equilibrium open economy model to examine how changes in oil prices affect the macroeconomy. Our model allows oil price changes to be transmitted through temporary demand and supply channels (affecting the output gap), as well as through persistent supply side...
Persistent link: https://www.econbiz.de/10010279904
growth model with macroeconomic variables observed in the data. The paper finds that total factor productivity and the … consumptionleisure trade-off the productivity and labor factors are key to understanding the changes in output, labor supply and labor … productivity observed in the Canadian economy. The paper performs a decomposition of the labor factor for Canada and the United …
Persistent link: https://www.econbiz.de/10010280047
Labour productivity distribution (dispersion) is studied both theoretically and empirically. Superstatistics is … presented as a natural theoretical framework for productivity. The demand index ê is proposed within this framework as a new … business index. Japanese productivity data covering small-to-medium to large firms from 1996 to 2006 is analyzed and the power …
Persistent link: https://www.econbiz.de/10010298578