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Persistent link: https://www.econbiz.de/10003945225
I identify new patterns in countries' economic performance over the 2007-2014 period based on proximity through distance, trade, and finance to the US subprime mortgage and Eurozone debt crisis areas. To understand the causes of the cross-country variation, I develop an open economy model with...
Persistent link: https://www.econbiz.de/10011975657
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innovation activities during periods of recession. We empirically analyse what general patterns can be distinguished in this …: some companies have recently reduced their innovation activities significantly, while others maintained them and a third … deceleration of R&D and innovation activities induced by the crisis, but the trend figures remain positive. Driven by the companies …
Persistent link: https://www.econbiz.de/10011981968
-financial corporate sector, the paper provides strong evidence to support the theory that currency matching plays a role in exporters …
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This paper presents a new database for financial crises in European countries, which serves as an important step towards establishing a common ground for macroprudential oversight and policymaking in the EU. The database focuses on providing precise chronological definitions of crisis periods to...
Persistent link: https://www.econbiz.de/10011972947
Persistent link: https://www.econbiz.de/10009689730
This paper presents a new database for financial crises in European countries, which serves as an important step towards establishing a common ground for macroprudential oversight and policymaking in the EU. The database focuses on providing precise chronological definitions of crisis periods to...
Persistent link: https://www.econbiz.de/10011698592
R&D as well as the entire innovation process are likely to be affected by the current crisis. Apart from changes in R …&D spending, as any crisis usually provides also chances it may stimulate a new wave of networked / open innovation and in this … funding of corporate R&D and innovation activities are holding up fairly well so far which suggests an anticyclic firm …
Persistent link: https://www.econbiz.de/10012056171