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132 results on '"Ernst, Ekkehard"'

103. Is There a Remittance Trap?

Author

Chami, Ralph, Ernst, Ekkehard, Fullenkamp, Connel, and Oeking, Anne

Subjects
REMITTANCES, ECONOMIC development, FOREIGN investments, ECONOMIC competition, ECONOMIC policy
Abstract

The article focuses on the impact of high levels of remittances on negative economic development of a country. It informs on challenges of remittances rank between official development assistance and foreign direct investment; and enhancing economic competitiveness and strengthening governance and social institutions for developing the economy.

Published
2018

104. Sectoral specialisation in the EU a macroeconomic perspective

Author

MPC Task Force of the ESCB, van Riet, Ad, Ernst, Ekkehard, Madaschi, Christophe, Orlandi, Fabrice, Rivera, Alvaro Santos, Robert, Benoît, Döpke, Jörg, Backinezos, Constantina, Bardakas, Ioanna, Mora, Esther Gordo, Barontini, Christian, Cassidy, Mark, Trento, Sandro, Walch, Erik, Buitenkamp, Bouke, Wagner, Karin, Reis, Hugo, Herrala, Risto, Sethi, Faisel, Gustavsson, Kurt, Labhard, Vincent, MPC Task Force of the ESCB, van Riet, Ad, Ernst, Ekkehard, Madaschi, Christophe, Orlandi, Fabrice, Rivera, Alvaro Santos, Robert, Benoît, Döpke, Jörg, Backinezos, Constantina, Bardakas, Ioanna, Mora, Esther Gordo, Barontini, Christian, Cassidy, Mark, Trento, Sandro, Walch, Erik, Buitenkamp, Bouke, Wagner, Karin, Reis, Hugo, Herrala, Risto, Sethi, Faisel, Gustavsson, Kurt, and Labhard, Vincent

Abstract

This paper analyses trends in sectoral specialisation in the EU and concludes the following: 1) The European production structure appears more homogenous than that of the US. 2) While sectoral specialisation has shown a slight increase in some smaller euro area countries towards the end-1990s, it is too early to detect any potential impact of EMU. 3) Despite some changes in sectoral composition, the business cycles of euro area countries became more synchronised over the 1990s, which may be seen as reassuring from the point of view of the single monetary policy. 4) Sectoral re-allocation accounts for as much as 50% of the increase in labour productivity growth in business sector services in the euro area. 5) The slowdown of European labour productivity growth relative to the US since the mid-1990s is explained by a stronger performance in the US wholesale and retail trade, financial intermediation and high-tech manufacturing sectors.

Published
2004

108. Competitiveness and the Export Performance of the Euro Area

Author

di Mauro, Filippo, primary, Anderton, Robert, additional, Ernst, Ekkehard, additional, Torres, javier, additional, Lecat, Remy, additional, Cassidy, Mark, additional, Tedeschi, Roberto, additional, Walch, Erik, additional, Eggelte, Jurriaan, additional, Wagner, Karin, additional, Blattner, Tobias Sebastian, additional, De Santis, Roberto A., additional, Oliveira-Soires, Rodrigo, additional, Shen, Jian-Guang, additional, Sydow, Matthias, additional, Warmedinger, Thomas, additional, Zumer, Tina, additional, and Breda, Emanuele, additional

Published
2005
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110. Sectoral Specialisation in the EU: A Macroeconomic Perspective

Author

van Riet, Ad, primary, Ernst, Ekkehard, additional, Madaschi, Christophe, additional, Orlandi, Fabrice, additional, Santos Rivera, Alvaro, additional, Robert, Benoît, additional, Döpke, Jörg, additional, Backinezos, Constantina, additional, Bardakas, Ioanna, additional, Gordo Mora, Esther, additional, Barontini, Christian, additional, Cassidy, Mark, additional, Trento, Sandro, additional, Walch, Erik, additional, Buitenkamp, Bouke, additional, Wagner, Karin, additional, Reis, Hugo, additional, Herrala, Risto, additional, Sethi, Faisel, additional, Gustavsson, Kurt, additional, and Labhard, Vincent, additional

Published
2004
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112. Endogenous Shocks and Evolutionary Strategy: Application to a Three-Players Game.

Author

Başar, Tamer, Bernhard, Pierre, Falcone, Maurizio, Filar, Jerzy, Haurie, Alain, Melikyan, Arik A., Petrosjan, Leo, Rapaport, Alain, Shina, Josef, Nowak, Andrzej S., Szajowski, Krzysztof, Ernst, Ekkehard C., Amable, Bruno, and Palombarini, Stefano

Abstract

An evolutionary game with three players — trade unions, financial investors and firms — is presented where each player has a short-term and a long-term maximizing strategy at hand. The short-term strategy maximizes current payoffs without taking into account benefits from future cooperation while long-term strategies depend on the cooperative behavior of the other players. We first determine equilibria arising in the static game and determine under which conditions long-term cooperation may emerge. We then endogenize the stochastic environment, making it subject to the strategies selected and show how additional equilibria and strategy cycles arise in an evolutionary set-up. [ABSTRACT FROM AUTHOR]

Published
2005
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113. THE Shrinking MIDDLE.

Author

Ernst, Ekkehard

Subjects
GLOBALIZATION, UNEMPLOYMENT statistics, LABOR demand, TECHNOLOGICAL unemployment, EFFECT of technological innovations on labor supply
Abstract

The article examines how increased globalization of businesses created a trend of decreasing medium skills jobs and increasing income inequality and how this trend will impact advanced and emerging economies. Topics discussed include study by Massachusetts Institute of Technology economist David Autor on the shift in employment from traditional middle class jobs toward high and low skill occupations. Also mentioned is how the trend will impact long term global economic growth.

Published
2015

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