Showing 1 - 10 of 713
This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an introduction to the topic, chapter 2 shows that the institutional setting of fiscal policy making needs to be considered when assessing the sustainability of fiscal policy. Using...
Persistent link: https://www.econbiz.de/10011742833
gravity models for developed countries to include unemployment (chapter 2) and for Latin American and Caribbean developing … migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). …
Persistent link: https://www.econbiz.de/10011742960
Persistent link: https://www.econbiz.de/10012225066
On February 12, 2010, SUERF, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year's subject of "Contagion and Spillovers – New...
Persistent link: https://www.econbiz.de/10011706561
The rise of a crisis-prone banking sector and its political power has received significant attention following the most recent financial crisis. The crisis sparked a growing interest in understanding how and why we have created a world of large, unstable banks. Excessive banking activity arose...
Persistent link: https://www.econbiz.de/10011742914
Why do some economic systems depend on bank financing while others rely on capital markets and bond financing? We propose a political economy model in which elites favor a bank-based system, which increases their rents due to reduced competition. If suffrage is restricted to the elite, this will...
Persistent link: https://www.econbiz.de/10010483279
This dissertation consists of six self-contained chapters that are related to the behavior of firms and politicians in a broader sense. After an introduction to the topic, the first part of the dissertation elaborates on how institutional and political framework conditions influence the behavior...
Persistent link: https://www.econbiz.de/10011741962
This paper provides an empirical analysis of reference-dependent effects of unemployment on mental health. I show that … the negative effect of unemployment on mental health depends on expectations about the future employment status. Several … unemployment rate. We argue that expectations are a possible link between unemployment rates and the individual employment status …
Persistent link: https://www.econbiz.de/10010336809
We study state dependence in the German welfare system and compare transition patterns before and after recent reforms of the welfare system (Hartz Reforms). Using data from the German Socio-Economic Panel, we apply dynamic multinomial logit estimators and find that welfare transitions have...
Persistent link: https://www.econbiz.de/10010344640
unemployment is very close to zero when unemployment is above its long term average but large and highly significant when below. We … unemployment. It cannot however match the persistence of the German unemployment rate. We conjecture that extending the model to …
Persistent link: https://www.econbiz.de/10010490623