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* 24 Results

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    • Publications (24)
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  1. Publication

    Countervailing inequality effects of globalization and renewable energy generation in Argentina

    01.06.2013

    The present paper assesses the impacts of renewable energy generation and globalization on income inequality in Argentina. We make use of vector autoregression models. We find that globalization and hydroelectric power increase inequality, while the...

  2. Publication

    Openness and Growth: Is the Relationship Non-linear?

    01.01.2017

    Using a novel, augmented two–sector endogenous growth model appropriate for a small, open economy characterised by human capital accumulation and productive government expenditure, we analyse the nature of the relationship between openness and...

  3. Publication

    The German East-West Divide in Knowledge Production: An Application to Nanomaterial Patenting

    01.08.2010

    Research and development (R&D) in the field of nanomaterials is expected to be a major driver of innovation and economic growth. In this respect, many countries, as national systems of innovation, have established support programs offering subsidies...

  4. Publication

    Regional Patterns of Inflation Persistence in Italy

    01.02.2007

    Regional patterns of inflation persistence have received attention only at a very coarse level of territorial disaggregation, that of EMU member states. However economic disparities within EMU member states are an equally important policy issue. This...

  5. Publication

    Regional Inflation Persistence: Evidence from Italy

    01.02.2010

    Regional patterns of inflation persistence have received attention only at a very coarse level of territorial disaggregation, that of EMU member states. However economic disparities within EMU member states are an equally important policy issue. This...

  6. Publication

    Poolability and the finance-growth nexus: a cautionary note

    01.10.2006

    The present contribution tests whether countries can be pooled when studying the financegrowth nexus. Overall, our results point toward a ‘pragmatic’ positive answer, though considerable heterogeneity is present among developing countries.

  7. Publication

    Nonparametric and Semiparametric Evidence on the Long-Run Effects of Inflation on Growth

    01.07.2006

    In this paper we adopt both a nonparametric and a semi-parametric IV estimator to show that the relationship between inflation and output growth is non-linear and that there exists a threshold level below which inflation has no effects on growth.

  8. Publication

    Money Illusion and the Long-run Phillips Curve in Staggered Wage-setting Models

    01.08.2011

    We consider the effect of money illusion - defined referring to Stevens' ratio estimation function - on the long-run Phillips curve in an otherwise standard New Keynesian model of sticky wages. We show that if households under-perceive real economic...

  9. Publication

    Inflation and Growth in the Long Run: A New Keynesian Theory and Further Semiparametric Evidence

    01.05.2010

    This paper explores the influence of inflation on economic growth both theoretically and empirically. We propose to merge an endogenous growth model of learning by doing with a New Keynesian one with sticky wages. We show that the intertemporal...

  10. Publication

    Increasing Returns to Scale and the Long-Run Phillips Curve

    01.05.2006

    A growing body of empirical evidence shows that there exists a long-run positive tradeoff between inflation and real macroeconomic activity. Within a New Keynesian framewok, we examine how increasing returns generate a positive long-run relation...

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