Blar i Fakultet for teknologi, kunst og design (TKD) på tidsskrift "Economies"
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Comparing sentiment- and behavioral-based leading indexes for industrial production:When does each fail?
(Economies; Volume 7 / Issue 4, Journal article; Peer reviewed, 2019)We apply a relatively novel leading–lagging (LL) method to four leading and one lagging indexes for industrial production (IP) in Germany. We obtain three sets of results. First, we show that the sentiment-based ifo index ... -
Do Increased Tax Base and Reductions in the Underground Economy Compensate for Lost Tax Revenue Following a Tax Reduction Policy? Evidence from Italy 1982 to 2006
(Peer reviewed; Journal article, 2023)We here examine the frequent claim that an increase in the tax base and a decrease in tax evasion will compensate for a loss in tax revenues caused by a lower tax level. Using a unique data set for the estimated underground ... -
A High-Resolution Lead-Lag Analysis of US GDP, Employment, and Unemployment 1977–2021: Okun’s Law and the Puzzle of Jobless Recovery
(Economies;Volume 10 / Issue 10, Peer reviewed; Journal article, 2022)Okun’s law is formulated as the ratio between GDP and unemployment (UE): β = f(GDP/UE). It is used to investigate the relations between output and labor input across regions or across business cycles. Based on results by ...