Showing 1 - 10 of 18
What were the economic consequences of the 2007/08 oil price hike for Germany? In this paper we use a structural vector …
Persistent link: https://www.econbiz.de/10013129250
The IFO Business Climate is the most important indicator for the business cycle in Germany. In 1993 the connection …
Persistent link: https://www.econbiz.de/10013137883
use the separation of Germany into the communist GDR and the democratic FRG and its reunification in 1990 as a natural … experiment. Relying on household data that are representative for Germany, our empirical results strongly indicate that … conspicuous consumption is relatively more important in East Germany. Importantly, a significant gap in conspicuous consumption …
Persistent link: https://www.econbiz.de/10013100938
We review the labor market implications of recent real-business-cycle models that successfully replicate the empirical equity premium. We document the fact that all models considered in this survey with the exception of Boldrin, Christiano, and Fisher (2001) imply a negative correlation of...
Persistent link: https://www.econbiz.de/10013093653
substantial reduction in the output cost of recessions and a more moderate reduction in the welfare cost of recessions in Germany …
Persistent link: https://www.econbiz.de/10012964065
Why do borders still matter for economic activity? The reunification of Germany in 1990 provides a unique natural … to trade between East Germany and West Germany were eliminated completely within a very short period of time. The …
Persistent link: https://www.econbiz.de/10013154269
For policy reforms to increase a society's welfare, reliable information on people's prefer-ences and expectations is crucial. Representative opinion polls, often involving simplified questions about the complex topics under debate, are an important source of information for both policy-makers...
Persistent link: https://www.econbiz.de/10013156875
for Germany preselected from a broader set using the Elastic Net soft-thresholding rule. The three states represent …
Persistent link: https://www.econbiz.de/10012955198
recipients to stay unemployed. Empirical evidence about the effects of UI sanctions in Germany is sparse. Using administrative … data we investigate the effects of sanctions on the reemployment probability in West Germany for individuals who entered UI …
Persistent link: https://www.econbiz.de/10012768154
component appears to be completely ineffective. In a case study for Germany, we use the rich data available to combine micro …
Persistent link: https://www.econbiz.de/10013057643