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How Stable are Monetary Models of the Dollar-Euro Exchange Rate? A Time-Varying Coefficient Approach

Beckmann, Joscha; Belke, Ansgar Hubertus; Kuehl, Michael - 2009

exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro … (the DM). We use monthly data from 1975:01 to 2007:12. Applying a novel time-varying coefficient estimation approach …

Persistent link: https://www.econbiz.de/10014201977

Reinforcing EU Governance in Times of Crisis : The Commission Proposals and Beyond

Belke, Ansgar Hubertus - 2011

governance in the EU and the euro area since the launch of the Economic and Monetary Union. Broader and enhanced surveillance of …

Persistent link: https://www.econbiz.de/10013131811

Modifying Taylor Reaction Functions in Presence of the Zero-Lower-Bound – Evidence for the ECB and the Fed

Belke, Ansgar Hubertus - 2012

We propose an alternative way of estimating Taylor reaction functions if the zero-lowerbound on nominal interest rates is binding. This approach relies on tackling the real rather than the nominal interest rate. So if the nominal rate is (close to) zero central banks can influence the infl ation...

Persistent link: https://www.econbiz.de/10013102781

Weathering the Crisis and Beyond : Perspectives for the Euro Area

Schmidt, Christoph M. - 2013

The euro area is experiencing a severe and highly complex crisis. It comprises three problem areas, the diffi culties … European banking system and disappointing growth prospects in the euro area periphery. To make matters even worse, these … fundamental doubts over its integrity. To overcome this systemic crisis, it would not be sufficient, if only the stronger euro …

Persistent link: https://www.econbiz.de/10013083667

How Much Fiscal Backing Must the ECB Have? – The Euro Area is Not the Philippines

Belke, Ansgar Hubertus - 2010

losses. Thirdly, the ECB can draw on substantial reserves of the euro area national banks …

Persistent link: https://www.econbiz.de/10013142783

Beyond GDP and Back : What is the Value-Added by Additional Components of Welfare Measurement?

de New (née Kassenboehmer), Sonja C. - 2011

Recently, building on the highly polarizing Stiglitz report, a growing literature suggests that statistical offices and applied researchers explore other aspects of human welfare apart from material well-being, such as job security, crime, health, environmental factors and subjective...

Persistent link: https://www.econbiz.de/10013130648

Exporters and the Rise in Wage Inequality – Evidence from German Linked Employer-Employee Data

Baumgarten, Daniel - 2010

Using a linked employer-employee data set of the German manufacturing sector, this paper analyses the role of exporting establishments in explaining rising wage dispersion. Over the period of analysis (1996-2007), the raw wage differential between exporters and domestic establishments increased...

Persistent link: https://www.econbiz.de/10013135843

Within and Between Panel Cointegration in the German Regional Output-Trade-FDI Nexus

Mitze, Timo - 2010

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...

Persistent link: https://www.econbiz.de/10013135867

Continuous Training, Job Satisfaction and Gender – An Empirical Analysis Using German Panel Data

Burgard, Claudia - 2011

Using data from the German Socio-Economic Panel (GSOEP), this paper analyzes the relationship between training and job satisfaction focusing in particular on gender differences. Controlling for a variety of socio-demographic, job and firm characteristics, we find a difference between males and...

Persistent link: https://www.econbiz.de/10013122767

Labor Market Effects of Immigration - Evidence from Neighborhood Data

Sinning, Mathias - 2011

This paper combines individual-level data from the German Socio-Economic Panel (SOEP) with economic and demographic postcode-level data from administrative records to analyze the effects of immigration on wages and unemployment probabilities of high- and low-skilled natives. Employing an...

Persistent link: https://www.econbiz.de/10013125534