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Blanchard and Leigh (2013, 2014) find fiscal multipliers to be underestimated in the EU in the deep recession of the early 2010s. Using two 2013-2018 datasets for 26 EU member states, assembled from Stability and Convergence Programmes and the European Commission's Spring Forecasts, we show that...
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The Malmquist Productivity Index (MPI) suggests a convenient way of measuring the productivity change of a given unit …. However, this approach hides a potentially valuable information given by the evolution of productivity over time. In this …
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This paper investigates whether predictions of future economic growth can be improved by using standard measures of broadband infrastructure. The investigation is carried out by comparing the predictive accuracy of dynamic panel models of economic growth estimated with and without measures of...
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