Olivier de Bandt / Heinz Herrmann / Giuseppe Parigi (eds.)

Convergence or Divergence in Europe?

Growth and Business Cycles in France, Germany and Italy
Herausgegeben:Bandt, Olivier de; Herrmann, Heinz; Parigi, Giuseppe

• Gebundenes Buch

Produktbeschreibung

Against the background of the introduction of the Euro in 1999, France, Germany and Italy have recently experienced higher divergence in terms of GDP growth.

Based on a set of original papers produced by a team of economists from the three main National Central Banks of the Euro area this book analyses the latest developments in three important European economies in a broad perspective, using modern econometric techniques.

Produktdetails

• Verlag: Springer / Springer Berlin Heidelberg / Springer, Berlin
• Artikelnr. des Verlages: 978-3-540-32610-6
• Seitenzahl: 384
• Erscheinungstermin: Juli 2006
• Englisch
• Abmessung: 235mm
• Gewicht: 672g
• ISBN-13: 9783540326106
• ISBN-10: 3540326103
• Artikelnr.: 20793142

Autorenporträt

Olivier de Bandt, Banque de France, Paris, France / Heinz Herrmann, Deutsche Bundesbank, Frankfurt, Germany / Guiseppe Parigi, Banca d'Italia, Rome, Italy

Inhaltsangabe

General Conclusions.- Measuring Cyclical Comovements and Asymmetries in Growth and Business Cycles.- Supply-side Developments.- Cyclical Patterns in Main Components of Aggregate Demand.- Convergence and Divergence in External Trade.- Panel Discussion.- Measuring Cycles.- Tracking the Economy in the Largest Euro Area Countries: a Large Datasets Approach.- Assessing Aggregate Comovements in France, Germany and Italy Using a Non Stationary Factor Model of the Euro Area.- Supply Side.- Capital, Labour and Productivity: What Role Do They Play in the Potential GDP Weakness of France, Germany and Italy?.- Estimating Potential Output with a Production Function for France, Germany and Italy.- Demand Side.- Synchronisation of Cycles: a Demand Side Perspective.- Short-Run and Long-Run Comovement of GDP and Some Expenditure Aggregates in Germany, France and Italy.- Synchronization of Responses to Cyclical Demand Shocks in France, Germany and Italy: Evidence from Central Banks Macro-models.- External Side.- Market Shares and Trade Specialisation of France, Germany and Italy.- Modelling Imports and Exports of Goods in France, Distinguishing Between Intra and Extra Euro Area Trade.- Has the Impact of Key Determinants of German Exports Changed?.