Showing 1 - 10 of 13
Aggregate wage earnings are one of the key variables of the German economy. Paradoxically, it is also a little known variable, especially in the long term. Historians have never devoted a synthesis to the subject and, among all the economists who have centred their work on the study of economic...
Persistent link: https://www.econbiz.de/10005111537
Persistent link: https://www.econbiz.de/10011296285
Persistent link: https://www.econbiz.de/10012643746
This paper aims to study, in the most recent historical time period, the efficiency of the Paris Stock Exchange market. We test its weak form while analysing the stock exchange returns series by nonparametric methods, using kernel methodology in particular. In doing so, our approach extends the...
Persistent link: https://www.econbiz.de/10005467217
Spectral analysis has had limited applications in cliometrics to date. In this paper, it is used to determine, through international comparisons, the frequency of GDP series in the long run. A reminder of the spectral methodology (I) is followed by successive examinations of the series chosen,...
Persistent link: https://www.econbiz.de/10011122333
This paper presents a cliometric application of fractional integrated processes to socio-economic time series for France and Germany in the 19th and 20th centuries. The analysis leads to a significant result: no short or long term cycle appears as the dominant constituent.
Persistent link: https://www.econbiz.de/10005770657
This article assesses the nexus between (components of) population and economic development from cliometric perspective. Based on stationary assumption, Kelley and Schmidt (hereafter KS, 1995) while showed that only demographic variables render robust explanation of economic growth, KS(2001)...
Persistent link: https://www.econbiz.de/10005609164
The development of education (essentially primary schooling) has been considered since the beginning of the nineteenth century as a major process and notably characteristic of developed capitalist societies. This being so, in spite of abundant literature devoted to this extremely delicate...
Persistent link: https://www.econbiz.de/10005272083
Much of the economic growth literature has focused on the contribution of human capital to national development. Two assumptions have remained largely unexamined: (I) economic stability results from economic growth, and (II) investments in human capital result in economic growth (ceteris...
Persistent link: https://www.econbiz.de/10005272092
In this paper, infrequent large temporary and permanent shocks that have affected the quarterly GDP series for France, the United Kingdom and the United States are analyzed in the post World War II period using the outlier method. Strong proof of permanent and/or transitory shocks are found,...
Persistent link: https://www.econbiz.de/10008679954