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Does schooling generate social returns in excess of the private returns captured by the individual who makes the human capital investment? As a strategy to detect human capital externalities I use Dutch survey data to estimate the impact of the average human capital stock in a region on...
Persistent link: https://www.econbiz.de/10009640175
This paper presents a parsimonious model for forecasting and analysing euro area house prices and their interrelations with the macroeconomy. A quarterly vector error correction model is estimated over 1970-2009 using supply and demand forces central to the determination of euro area house...
Persistent link: https://www.econbiz.de/10009640291
convergence and analyses key factors explaining price differentials in a panel regression framework including per capita income …, population and relative distances. Results indicate limited evidence of convergence in city-level house prices despite …
Persistent link: https://www.econbiz.de/10009640334
Homestead exemptions to personal bankruptcy allow households to retain their home equity up to a limit determined at the state level. Households that may experience bankruptcy thus have an incentive to bias their portfolios towards home equity. Using US household data from the Survey of Income...
Persistent link: https://www.econbiz.de/10009640776
The 2005 update of the Danish convergence programme, covering the period up to 2010, was submitted to the Commission on … broadly follows the model structure for stability and convergence programmes specified in the new code of conduct. …
Persistent link: https://www.econbiz.de/10011902409
Estonia with the EU-15 and the former accession countries. It gives an overview of the nominal convergence according to the … rules laid down by EC Treaty on EMU convergence criteria. In the context of real convergence the set of criteria provided by …
Persistent link: https://www.econbiz.de/10009636773
. Convergence occurred in two spells, in 1960u009673 and 1986u00962001, with an interim period of stagnation. In this paper, we … analyse both s and b convergence and discuss the impact of EU membership, trade and investment. We also analyse how seven … growth in the accession countries. Still, the experience of the EU15 countries shows that convergence cannot be taken for …
Persistent link: https://www.econbiz.de/10009636868
Persistent link: https://www.econbiz.de/10009698435
The overall objective of the present study is to improve the quality the EC and other donors’ media support by providing an analyses of the EC ́s assistance so far and recommendations on future strategies and modalities. This present report focuses on the activities so far, while a separate...
Persistent link: https://www.econbiz.de/10011887673
Persistent link: https://www.econbiz.de/10011887687