Juergen AMANN
Juergen AMANN
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Price setting on the two sides of the Atlantic - Evidence from supermarket scanner data
We compare supermarket price setting in the US and the euro area and assess its impact on food inflation. We find that both higher frequency and stronger state dependence of price changes contribute to higher flexibility of supermarket inflation in the US relative to the euro area.
Peter KARADI
,
Juergen AMANN
,
Javier SANCHEZ BACHILLER
,
Pascal SEILER
,
Jesse WURSTEN
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An analysis of ICT hardware manufacturing in industrialized economies: Growth patterns, productivity performance, and driving Forces
We employ growth accounting and data from the 2019 release of the EUKLEMS database to systematically quantify the primary contributors to value-added and labor productivity growth within the Information and Communication Technology Manufacturing (ICTM) industry across 13 industrialized economies between 2000 and 2015. Our analysis reveals that total factor productivity, labor quality, investments in software, and research and development emerge as the primary drivers of growth.
Khuong VU
,
Juergen AMANN
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Switching it up: The effect of energy price reforms in Oman
This study provides novel evidence on this insight by examining the effect of a change in fossil fuel subsidies on the manufacturing industry of an oil-rich Middle Eastern economy. Using a novel firm-level micro data set on Omani manufacturing enterprises, our work shows that increases in fossil fuel energy factor prices lead to improvements in productivity as well as efficiency and notable business upgrading. Our work indicates that subsidy reforms may not only be used to achieve environmental goals but may also drive upgrading and modernization processes of firms that can, ultimately, also improve economic performance.
Juergen AMANN
,
Nicola CANTORE
,
Massimiliano CALI
,
Valentin TODOROV
,
Charles FANG CHIN CHENG
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Deindustrialization in developed countries amid accelerated globalization: Patterns, influencers, and policy insights
This paper examines the dynamics of deindustrialization in developed countries during the 1970–2015 period. The paper shows that deindustrialization is a persistent pattern that experienced a significant structural change in the post-1990 period, in which the acceleration of globalization with the rise of North-South trade appeared to have a significant effect.
Khuong VU
,
Nobuya HARAGUCHI
,
Juergen AMANN
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Revisiting Reinhart and Rogoff after the crisis: a time series perspective
This paper offers a straightforward and descriptive contribution to the recent and busy debate on fiscal discipline made popular by the seminal Reinhart and Rogoff (2010; Growth in a time of debt. American Economic Review, vol. 100, no. 2, 573–78) paper. We find that with further hindsight, and from a time series perspective, there is little to no support for the view that higher levels of debt cause reductions in economic activity. In contrast to Reinhart and Rogoff (2010), we suggest that economic slumps tend to cause debt build-ups rather than vice versa.
Juergen AMANN
,
Paul MIDDLEDITCH
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Growth in a time of austerity: evidence from the UK
This paper uses an empirical approach to test the specific causal relationship between debt and growth in the UK, in the context of the debate surrounding the use of a policy known as austerity measures. We find no evidence of a causal relationship between economic growth and public debt for the UK.
Juergen AMANN
,
Paul MIDDLEDITCH
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