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Gesucht nach "Economic Growth".
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• Publikationen // 13.12.2024

  ZEW Discussion Paper - The Making of China and India in the 21st Century: Long-Run Human Capital Accumulation From 1900 to 2020

  in tertiary education fueled service sector growth. Overall, our findings illustrate the importance of human capital composition in shaping long-run economic development. [...] 2020 by combining historical records and educational reports to analyze the role of education in economic divergence. Three key findings emerge. First, China pursued a bottom-up strategy, first expanding [...] Our findings on differences in the human capital accumulation in India and China have significant economic implications: education inequality (gini) is not only higher in India but also accounts for a larger
• Publikationen // 21.10.2024

  ZEW policy brief - Impact of the US Presidential Race on the German Economy: Insights from Professional Forecasters

  and professional forecasters in Germany. The FMT is well-known for producing the ZEW Indicator of Economic Sentiment, one of the most important indicators for the German economy. For our analysis, we first [...] events that may affect the election outcome. Next, we elicited scenario-based forecasts for German GDP growth and inflation over the upcoming president’s tenure, depending on whether Trump or Harris wins [...] expectations, we asked the panellists which candidate they thought is more likely to achieve certain economic or political outcomes. Lastly, we included an open-ended question on possible measures the German
• Publikationen // 10.07.2024

  ZEW policy brief - How Much Do Financial Analysts Disagree on the Future Path of the ECB’s Interest Rate?

  decisions by the ECB. We also consider the role of uncertain dynamics of future inflation and the economic recovery in the euro area to explain the dispersion of interest rate expectations. For this purpose [...] condition the individual responses on the respondents’ short- and medium-term inflation and GDP growth expectations and supplement our findings with similar evidence for the US.
• Publikationen // 17.06.2024

  ZEW Discussion Paper - The Importance of EU Cohesion Policy for Economic Growth and Convergence

  This chapter discusses factors that contributed to different economic dynamics across European regions and the prevailing disparities. The impact of EU Cohesion Policy in reducing disparities is studied
• Publikationen // 06.06.2024

  ZEW Discussion Paper - Do Politicians Affect Firm Outcomes? Evidence from Connections to the German Federal Parliament

  connections lead to reductions in firm exits, gradual increases in employment growth without improvements in productivity. The economic effects are mediated by better credit ratings while access to subsidies
• Publikationen // 21.12.2023

  ZEW Discussion Paper - Big Data and Start-Up Performance

  its economic effects using various short- and longer-term performance measures. We investigate the effect of adopting BDA on the new ventures' cost structure, sales, profits, survival rate, growth, and [...] perform better than comparable ones when considering longer-term performance measures such as their growth and their ability to secure VC.
• Publikationen // 29.09.2023

  Referierte Fachzeitschrift - Conditional macroeconomic survey forecasts: Revisions and errors

  output growth and unemployment. Exchange rate predictions also matter for macroeconomic forecasts, albeit less so than the other variables. With regard to forecast errors, wage growth and GDP growth closely [...] rates and wage growth. While oil price and exchange rate predictions are updated more frequently than
• Publikationen // 18.09.2023

  ZEW Discussion Paper - Multinational Firms in Tax Havens – Corporate Motives, Regulatory Countermeasures, and Recent Statistics

  sourced from Bureau van Dijk (BvD) Orbis and the aggregated CbC data provided by the Organisation for Economic Co-operation and Development (OECD). Our analysis suggests that, if exploited systematically, the [...] legal entities incorporated in tax havens (30,000 in Big8 tax haven jurisdictions). Although the growth of tax haven entities slowed after 2015, the overall number remains substantial as of 2021. Furthermore
• Publikationen // 04.01.2023

  ZEW Discussion Paper - Bank Manager Sentiment, Loan Growth and Bank Risk

  volume of new loans partially depend on past realizations of economic fundamentals, implying that loan growth and contemporaneous economic fundamentals might be systematically disconnected. Furthermore
• Publikationen // 08.11.2022

  Referierte Fachzeitschrift - The EU Taxonomy’s (potential) effects on the banking sector and bank lending to firms

  pillars of the European Green Deal is a renewed sustainable finance strategy to finance sustainable growth and to channel private investments towards projects that support the transition to a climate-neutral [...] Taxonomy provides a uniform definition and classification system of environmentally sustainable economic activities. In addition, the EU Taxonomy itself provides the basis for further legislation and [...] to firms is affected by these regulatory changes and whether an impact on the greening of firms’ economic activities can be achieved. The existing literature provides evidence that firms’ environmental