Ifo Survey Data in Business Cycle and Monetary Policy Analysis

Ifo Survey Data in Business Cycle and Monetary Policy Analysis PDF Author: Jan-Egbert Sturm
Publisher: Springer Science & Business Media
ISBN: 3790816051
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
A pilot ?ying to a distant city needs to check his position, ?ight path and weather conditions, and must constantly keep his plane under control to land safely.TheIfosurveydataprovideadvanceinformationonchangingeconomic weather conditions and help keep the economy under control. To be sure, by their very nature they only provide short-term information. But like a plane, the economy will not be able to reach its long-term goals if it strays o? course in the short term. The Ifo survey data provide the most comprehensive and accurate, - to-date database in Europe on the state of the business cycle, and the Ifo climate indicator, sometimes simply called “The Ifo”, is the most frequently cited indicator of its kind in Europe. Both the European stock market and theeuroreacttoourindicator.Ifo’smethodologyfordeterminingthebusiness climateindicatorhasbeenexportedtomorethan?ftycountries,mostrecently toTurkeyandChina.TheIfopeoplewereproudtohavebeenaskedtohelpset up polling systems in these countries. It is said that the Chinese government relies more on their “Ifo indicator” than on their o?cial accounting statistics.

Ifo Survey Data in Business Cycle and Monetary Policy Analysis

Ifo Survey Data in Business Cycle and Monetary Policy Analysis PDF Author: Jan-Egbert Sturm
Publisher: Springer Science & Business Media
ISBN: 3790816051
Category : Business & Economics
Languages : en
Pages : 232

Get Book Here

Book Description
A pilot ?ying to a distant city needs to check his position, ?ight path and weather conditions, and must constantly keep his plane under control to land safely.TheIfosurveydataprovideadvanceinformationonchangingeconomic weather conditions and help keep the economy under control. To be sure, by their very nature they only provide short-term information. But like a plane, the economy will not be able to reach its long-term goals if it strays o? course in the short term. The Ifo survey data provide the most comprehensive and accurate, - to-date database in Europe on the state of the business cycle, and the Ifo climate indicator, sometimes simply called “The Ifo”, is the most frequently cited indicator of its kind in Europe. Both the European stock market and theeuroreacttoourindicator.Ifo’smethodologyfordeterminingthebusiness climateindicatorhasbeenexportedtomorethan?ftycountries,mostrecently toTurkeyandChina.TheIfopeoplewereproudtohavebeenaskedtohelpset up polling systems in these countries. It is said that the Chinese government relies more on their “Ifo indicator” than on their o?cial accounting statistics.

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone PDF Author: Christian H. Fahrholz
Publisher: Springer Science & Business Media
ISBN: 3790817627
Category : Business & Economics
Languages : en
Pages : 157

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Book Description
This work examines the political economy of exchange-rate policies in the eastward expansion of the eurozone. Analysis shows that prospective members of the EMU are likely to pass on some costs of convergence to the current EMU members. The mechanism is an altered exchange-rate policy that utilizes a "threaten-thy-neighbour" strategy. This could ensure a stabilization of the CEECs' convergence toward the EMU, and a successful eastward enlargement of the eurozone.

Financial Market Imperfections and Corporate Decisions

Financial Market Imperfections and Corporate Decisions PDF Author: Emilio Colombo
Publisher: Springer Science & Business Media
ISBN: 379081671X
Category : Business & Economics
Languages : en
Pages : 179

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Book Description
We would like to thank Akos Valentinyi and Mark Schaffer for their advice on various stages of this research project. We also would like to thank our col leagues at the Department of Economics of the University of Milan - Bicocca for their advice and support. This book is the result of a long term project financed by various research grants: in particular the Phare-Ace programme (Project P-96-6151-R) and a research grant from the Italian Ministry of Education under the young researchers scheme. Milan, March 2005 Emilio Colombo Luca Stanca Contents Introduction 1 Financial market imperfections and corporate decisions: theory and evidence 7 2. 1 Introduction 7 2. 2 Financial market imperfections, investment and cycles 9 2. 2. 1 The Stiglitz view 9 2. 2. 2 Agency costs and macroeconomic fluctuations 15 2. 2. 3 Assessing the differences 18 2. 2. 4 Further developments 20 2. 2. 5 Empirical evidence 22 2. 3 Financial market imperfections and corporate capital structure 24 2. 3. 1 Asymmetric information and capital structure choice . . 25 2. 3. 2 Agency costs and capital structure choice 30 2. 3. 3 Empirical evidence 32 The transformation of the Hungarian financial system 35 3. 1 Introduction 35 3. 2 Macroeconomic background 36 3. 3 Liberalisation, privatisation and financial development 44 3. 3. 1 Banking and credit 45 3. 3. 2 Equity market 48 3. 3. 3 Foreign direct investment 49 3. 4 Financial sector reform 50 3. 4.

The Impact of FDI on Economic Growth

The Impact of FDI on Economic Growth PDF Author: Marco Neuhaus
Publisher: Springer Science & Business Media
ISBN: 379081735X
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
This book provides a comprehensive understanding of the relationship between Foreign Direct Investment (FDI) and economic growth, with special attention to the countries of Central and Eastern Europe. Within a new semi-endogenous growth model, the book illustrates the impact of FDI on economic growth for every stage of development of a country. The book analyzes the growth enhancing effect of FDI, and explains the actual growth contributions induced by FDI.

The Economics and Regulation of Financial Privacy

The Economics and Regulation of Financial Privacy PDF Author: Nicola Jentzsch
Publisher: Springer Science & Business Media
ISBN: 3790817384
Category : Political Science
Languages : en
Pages : 308

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Book Description
This book provides the first in-depth analysis of the topic, offering an international comparison of credit reporting systems. Coverage includes competition in information markets, the microeconomics of information and privacy, and economic incentives to disclose or to conceal information. The book examines the history of credit reporting agencies and the regulation of privacy and credit reporting around the world. Finally, it surveys the effects of credit reporting in credit markets worldwide.

Operating Hours and Working Times

Operating Hours and Working Times PDF Author: Lei Delsen
Publisher: Springer Science & Business Media
ISBN: 3790817600
Category : Business & Economics
Languages : en
Pages : 251

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Book Description
This book presents findings and results from the recent European Union Company survey of Operating hours, Working times and Employment (EUCOWE) in France, Germany, the Netherlands, Portugal, Spain and the United Kingdom. The EUCOWE-project is the first standardised company survey covering all sizes of firms and all sectors of the economy. It is the most comprehensive analysis yet published on Operating Hours, Capacity Utilisation, Working Times and Employment in the EU.

The Urban Mosaic of Post-Socialist Europe

The Urban Mosaic of Post-Socialist Europe PDF Author: Sasha Tsenkova
Publisher: Springer Science & Business Media
ISBN: 3790817279
Category : Business & Economics
Languages : en
Pages : 395

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Book Description
This book explores urban dynamics in Europe fifteen years after the fall of communism. The ‘urban mosaic’ of the title expresses the complexity and diversity of the processes and spatial outcomes in post-socialist cities. Emerging urban phenomena are illustrated with case studies, focusing on historical themes, cultural issues and the socialist legacy. Among the cities analyzed are Kazan, St. Petersburg, Moscow, Warsaw, Prague, Komarno, Budapest, Belgrade, Bucharest, Sofia and Tirana.

The Economics of Online Markets and ICT Networks

The Economics of Online Markets and ICT Networks PDF Author: Russel Cooper
Publisher: Springer Science & Business Media
ISBN: 3790817074
Category : Business & Economics
Languages : en
Pages : 267

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Book Description
This volume examines the economics of platform structure and firm competition within and between online markets. It also details modern theoretical treatments of regulatory intervention in online markets and the consideration of forward-looking experimental analysis of demand for yet to be provided services. The volume is divided into three parts: innovation and competition in online markets; regulation, pricing and evaluation with real options; and empirical approaches to market analysis.

The Politics of Exchange Rates in Developing Countries

The Politics of Exchange Rates in Developing Countries PDF Author: Ralph Setzer
Publisher: Springer Science & Business Media
ISBN: 3790817163
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
This book considers the issue of exchange rate policymaking from a political economy perspective. It illustrates both theoretically and empirically how domestic political and institutional incentives shape exchange rate policies in developing countries. Empirical analysis is based on a panel survey of 47 countries and thereby provides insights on how political and institutional conditions typically affect exchange rate policy.

Population Ageing and Economic Growth

Population Ageing and Economic Growth PDF Author: Sandra Gruescu
Publisher: Springer Science & Business Media
ISBN: 3790819069
Category : Business & Economics
Languages : en
Pages : 206

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Book Description
This book reviews standard economic growth models concentrating on the relationship between population ageing and economic growth and develops a growth model with endogenous human capital and endogenous fertility. This model is used to analyse the effects of education policy and family policy on economic growth. The author presents results both for economic policy, and for economic growth theory.