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Innovationsfähigkeit: Deutschland braucht mehr Schwung

Belitz, Heike; Kirn, Tanja; Werwatz, Axel - In: DIW Wochenbericht 73 (2006) 45, pp. 633-641

Deutschen Industrie (BDI) einen Gesamtindikator für die Innovationsfähigkeit Deutschlands im internationalen Vergleich ermittelt … zum Spitzenreiter USA mit dem maximalen Punktwert 7 und einer Verfolgergruppe aus Finnland (6,25), der Schweiz, Schweden … schneidet hier im internationalen Vergleich schlecht ab. …

Persistent link: https://www.econbiz.de/10011601686

Regionale Konjunkturunterschiede kein Hinderungsgrund für Geldpolitik im Euroraum

Artis, Michael; Dreger, Christian; Kholodilin, Konstantin A. - In: DIW Wochenbericht 76 (2009) 46, pp. 806-809

Befürchtungen sind, lässt sich durch einen Vergleich des Euroraums mit einer schon seit langem funktionierende Währungsunion - den … USA - prüfen. Es zeigt sich, dass die Unterschiede in der konjunkturellen Entwicklung zwischen den Regionen der Eurozone … nicht größer sind als zwischen den Bundesstaaten der USA. Somit sind die Erfolgsaussichten der Geldpolitik im Euroraum …

Persistent link: https://www.econbiz.de/10011602090

Regional inflation dynamics within and across euro area countries and a comparison with the US

Beck, Günter W.; Hubrich, Kirstin; Marcellino, Massimiliano - 2006

We investigate co-movements and heterogeneity in inflation dynamics of different regions within and across euro area countries using a novel disaggregate dataset to improve the understanding of inflation differentials in the European Monetary Union. We employ a model where regional inflation...

Persistent link: https://www.econbiz.de/10011604727

Shocks, structures or monetary policies? The euro area and US after 2001

Christiano, Lawrence; Motto, Roberto; Rostagno, Massimo - 2007

The US Federal Reserve cut interest rates more vigorously in the recent recession than the European Central Bank did. By comparison with the Fed, the ECB followed a more measured course of action. We use an estimated dynamic general equilibrium model with financial frictions to show that...

Persistent link: https://www.econbiz.de/10011604820

The transatlantic productivity gap: Is R&D the main culprit?

Ortega-Argilés, Raquel; Piva, Mariacristina; … - 2011

The literature has pointed to different causes to explain the productivity gap between Europe and United States in the last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US can be explained not only by a lower level of corporate...

Persistent link: https://www.econbiz.de/10010278355

Maastricht 2042 and the fate of Europe: Toward convergence and full employment

Galbraith, James K. - 2006

Unemployment in the European Union (EU) is a serious problem that threatens to disrupt the integration of accession countries, the character of individual countries, and the continued existence of the EU. European integration poses a huge conundrum for European employment because the...

Persistent link: https://www.econbiz.de/10010280307

Economic growth in the US and the EU: A sectoral decomposition

Uppenberg, Kristian - In: EIB Papers 16 (2011) 1, pp. 18-51

Drawing on the OECD's structural analysis (STAN) database, this paper contributes to the understanding of European economic growth through a decomposition into employment and productivity, across sectors, and across different time periods and countries. The US productivity surge from the...

Persistent link: https://www.econbiz.de/10010280602

Demography, capital flows and unemployment

Marchiori, Luca; Pierrard, Olivier; Sneessens, Henri R. - 2011

(1950-2010). We show that a policy reform in one country also has an impact on labor markets in other countries when capital …

Persistent link: https://www.econbiz.de/10010282316

Why does unemployment hurt the employed? Evidence from the life satisfaction gap between the public and private sectors

Luechinger, Simon; Meier, Stephan; Stutzer, Alois - 2008

High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular, job security, in workers' well-being by exploiting sector-specific institutional differences...

Persistent link: https://www.econbiz.de/10010282761

The execution of monetary policy: A tale of two central banks

Bartolini, Leonardo; Prati, Alessandro - 2003

The Eurosystem and the U.S. Federal Reserve System follow quite different approaches to the execution of monetary policy. The former institution adopts a hands-off approach that largely delegates to depository institutions the task of stabilizing their own liquidity at high frequency. The latter...

Persistent link: https://www.econbiz.de/10010283398