communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post … in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy …                                                             Self-employed workers from the EU8 are allowed to settle in Germany and run a business. However, they may not employ …

*Department of Economics New Jersey Hall New Brunswick, NJ 08903 **Research Department Federal Reserve Bank of St. Louis P.O. Box … by disrupting financial markets, inflation can exacerbate business cycles or reduce economic growth. Fisher (1932, 1933 …) was an early proponent of the view that price level movement is an important cause of business cycles through its effect …

*Department of Economics New Jersey Hall New Brunswick, NJ 08903 **Research Department Federal Reserve Bank of St. Louis P.O. Box … by disrupting financial markets, inflation can exacerbate business cycles or reduce economic growth. Fisher (1932, 1933 …) was an early proponent of the view that price level movement is an important cause of business cycles through its effect …

place of communication between science, politics and business. IZA is an independent nonprofit company supported by … internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination …@georgetown.edu * Forthcoming, Quarterly Journal of Economics. This paper substantially extends an earlier version written with Nate Balis …

middle quartiles. Using instead of the ifo survey data forecasts on exchange rates provided by Consensus Economics … suggests a less prominent – albeit still present – role for PPP. The Consensus Economics data has the advantage that it …. (1999), “Pitfalls in panel tests of purchasing power parity”, Weltwirtschaftliches Archiv/Review of World Economics, 135, 3 …

. Prause (1998). New insights into smile, mis- pricing, and value at risk: the hyperbolic model. Journal of Business, 71 …). Option pricing when underlying stock returns are discontinuous. J. Financial Economics, 3(1), 125–144. [19] Miltersen, K., K … the Great Depression: Monopolistic Competition, Union Power, and the American Business Cycle in the 1920s" by Monique …

. Prause (1998). New insights into smile, mis- pricing, and value at risk: the hyperbolic model. Journal of Business, 71 …). Option pricing when underlying stock returns are discontinuous. J. Financial Economics, 3(1), 125–144. [19] Miltersen, K., K … the Great Depression: Monopolistic Competition, Union Power, and the American Business Cycle in the 1920s" by Monique …

) model how capital requirements may amplify business cycles, an issue recently gaining prominence in relation to the …

van Wezel Erasmus University Rotterdam Faculty of Economics , Econometric Institute PO Box 1738, 3000 DR, Rotterdam … Business and Economic Statistics, 16, 2-11. Dasgupta, C.G., Dispensa, G.S., Ghose, S. (1994). Comparing the predictive … Networks in Business: Techniques and Applications (89-110). Hershey PA, Idea Group Publishing. Roberts, J.H. & Lattin, J …