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Does the Dispersion of Unit Labor Cost Dynamics in the EMU Imply Long-run Divergence? Results from a Comparison with the United States of America and Germany
Dullien, Sebastian; Fritsche, Ulrich - 2007
inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …
Persistent link: https://www.econbiz.de/10010420835
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Does the Dispersion of Unit Labor Cost Dynamics in the EMU Imply Long-run Divergence? Results from a Comparison with the United States of America and Germany
Dullien, Sebastian; Fritsche, Ulrich - 2007
inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …
Persistent link: https://www.econbiz.de/10010260904
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Does the Dispersion of Unit Labor Cost Dynamics in the EMU Imply Long-run Divergence? Results from a Comparison with the United States of America and Germany
Dullien, Sebastian; Fritsche, Ulrich - Fachbereich Sozialökonomie, Universität Hamburg - 2007
inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …
Persistent link: https://www.econbiz.de/10005243293
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Does the dispersion of unit labor cost dynamics in the EMU imply long-run divergence? : results from a comparison with the United States of America and Germany
Dullien, Sebastian; Fritsche, Ulrich - 2007
inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …
Persistent link: https://www.econbiz.de/10010426361
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Unit labor cost growth differentials in the Euro area, Germany, and the US: lessons from PANIC and cluster analysis
Fritsche, Ulrich; Kuzin, Vladimir - 2007
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2002, 2004) and cluster procedures (Hobijn and …
Persistent link: https://www.econbiz.de/10010420836
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Unit Labor Cost Growth Differentials in the Euro Area, Germany, and the US: Lessons from PANIC and Cluster Analysis
Fritsche, Ulrich; Kuzin, Vladimir N. - 2007
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2004) and cluster procedures (Hobijn and Franses …
Persistent link: https://www.econbiz.de/10010260899
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Unit Labor Cost Growth Differentials in the Euro Area, Germany, and the US: Lessons from PANIC and Cluster Analysis
Fritsche, Ulrich; Kuzin, Vladimir - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2004) and cluster procedures (Hobijn and Franses …
Persistent link: https://www.econbiz.de/10005068930
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Unit labor cost growth differentials in the Euro area, Germany, and the US: lessons from PANIC and cluster analysis
Fritsche, Ulrich; Kuzin, Vladimir - Fachbereich Sozialökonomie, Universität Hamburg - 2007
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2002, 2004) and cluster procedures (Hobijn and …
Persistent link: https://www.econbiz.de/10005464597
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Anhaltende Divergenz der Lohnstückkostenentwicklung im Euroraum problematisch
Dullien, Sebastian; Fritsche, Ulrich - In: DIW Wochenbericht 74 (2007) 22, pp. 349-357
Die Wachstumsschwäche in einigen europäischen Ländern wie Portugal und Italien in der ersten Hälfte dieses Jahrzehnts sowie anhaltend hohe Inflationsraten und ein Bauboom in Spanien haben zu einer Debatte darüber geführt, ob sich möglicherweise die einzelnen Länder der Eurozone...
Persistent link: https://www.econbiz.de/10011601730
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Anhaltende Divergenz bei Inflations- und Lohnentwicklung in der Eurozone: Gefahr für die Währungsunion?
Dullien, Sebastian; Fritsche, Ulrich - In: Vierteljahrshefte zur Wirtschaftsforschung 76 (2007) 4, pp. 56-76
Veränderung der Standardabweichung bei Inflation und Wirtschaftswachstum um den Euro-Mittelwert zu kurz greift, da diese …
Persistent link: https://www.econbiz.de/10010377812