Showing 1 - 10 of 6,931
Until 2005 unemployment rates in Germany jumped after every recession to ever-higher levels. Neoclassical micro … exclusively focus on low inflation but that also aim to improve growth and employment will be much more promising for Germany and …
Persistent link: https://www.econbiz.de/10011521508
Using Monte Carlo experiments, we examine the performance of indirect inference tests of DSGE models in small samples, using various models in widespread use. We compare these with tests based on direct inference (using the Likelihood Ratio). We find that both tests have power so that a...
Persistent link: https://www.econbiz.de/10010470917
Cross-country differences in the measurement of labour input contribute to observed productivity gaps across countries. In most countries, labour force surveys (LFS) form a primary source of information for employment related statistics, such as persons employed, employees and hours worked....
Persistent link: https://www.econbiz.de/10011991919
I evaluate the effects of COVID-19 across countries. Where income is low, fewer jobs can be performed from home, the hospital capacity is lower, and enduring long periods with no income is harder, making the crisis more dire. On the other hand, younger populations make death less likely in low...
Persistent link: https://www.econbiz.de/10012830168
Fixed Capital has a major role in economic growth literature and on the estimation of potential output using a production function - which is essential to design macroeconomic policy. One of the main contributions of this work, differently from the previous works, is to estimate the capital...
Persistent link: https://www.econbiz.de/10012285157
This paper applies ARDL and Nonlinear ARDL models to long-term inflation targeting policy mechanisms in the United States and China to assess the impact of oil price dynamics and asymmetries on inflation expectations in the two countries, as well as the difference of this impact before and after...
Persistent link: https://www.econbiz.de/10013289383
This paper examines the utility of the money cycle with and without mixed savings. This means that examined the critical points of tax and public policy that are the best for increasing consumption and investment, subject to the presence of mixed savings and the absence of mixed savings. As a...
Persistent link: https://www.econbiz.de/10014348237
of the United States, Canada and Germany to data risks posed by popular apps such as FaceApp, Facebook, Strava, TikTok …
Persistent link: https://www.econbiz.de/10014565881
Persistent link: https://www.econbiz.de/10010527506
Persistent link: https://www.econbiz.de/10011695638