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The success of currency reforms to end great inflations : an empirical analysis of 34 high inflations

Bernholz, Peter (contributor); Kugler, Peter (contributor) - 2007

The estimation of an ordered probit model for currency reforms trying to end 31 hyperinflations and three big inflations of the 20th century shows that the introduction of an independent central bank and the adoption of a credibly fixed exchange rate are crucial for the success of a currency...

Persistent link: https://www.econbiz.de/10003666987

The price revolution in the 16th century : empirical results from a structural vectorautoregression model

Bernholz, Peter (contributor); Kugler, Peter (contributor) - 2007

This paper provides empirical evidence in favor of the hypothesis that the secular price increase in the 16th century is mainly caused by money supply developments as the discovery of new mines in Latin America. First we review price developments for several European countries over the 16th...

Persistent link: https://www.econbiz.de/10003666993

Knowledge and networks

Glückler, Johannes (ed.); Lazega, Emmanuel (ed.); … - Klaus Tschira Stiftung - 2017

for a long time: social network theory and the geography of knowledge. This book considers that relational thinking has … Li -- Studying Networks Geographically: World Political Regionalization in the United Nations General Assembly (1985 … Among Swedish Municipalities: Is Sweden a Small World?: Christopher Ansell, Martin Lundin, and Per Ola Öberg -- The …

Persistent link: https://www.econbiz.de/10011607723

Measuring income risk

Burgess, Simon M.; Gardiner, Karen; Jenkins, Stephen; … - 2000

We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors....

Persistent link: https://www.econbiz.de/10011433584

Modelling low income transitions

Cappellari, Lorenzo; Jenkins, Stephen - 2002

We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a non-random sample) and for attrition (panel retention may also be non-random). Our econometric model is a form of...

Persistent link: https://www.econbiz.de/10011436237

Estimation of Generalized Entropy and Atkinson inequality indices from complex survey data

Biewen, Martin; Jenkins, Stephen - 2003 - This version: 11 April 2003

Applying a method suggested by Woodruff (1971), we derive the sampling variances of Generalized Entropy and Atkinson inequality indices when estimated from complex survey data. It turns out that this method also greatly simplifies the calculations for the i.i.d. case when compared to previous...

Persistent link: https://www.econbiz.de/10011438447

Nobody to play with? : the implications of leisure coordination

Jenkins, Stephen; Osberg, Lars - 2003

We hypothesize that an individual's time use choices are contingent on the time use choices of others because the utility derived from leisure time often benefits from the presence of companionable others inside and outside the household. We develop a model of time use, and demonstrate that its...

Persistent link: https://www.econbiz.de/10011438897

Modelling low income transitions

Cappellari, Lorenzo; Jenkins, Stephen - 2002

We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a nonrandom sample) and for attrition (panel retention may also be non-random). Our econometric model is a form of...

Persistent link: https://www.econbiz.de/10011411571

Expected money growth, Markov trends and the instability of money demand in the euro area

Kaufmann, Sylvia; Kugler, Peter - 2007 - This version: December 2007

This paper analyzes the recently documented instability of money demand in the euro area in the framework of a Markov switching trend model. First, we consider a standard flexible price model with stable money demand, rational expectations, and an exogenous income-money ratio which follows a...

Persistent link: https://www.econbiz.de/10011570250

Heterogeneity in macroeconomics and its implications for monetary policy

Schnell, Fabian - 2015

Diese Dissertation beschäftigt sich mit den makroökonomischen Konsequenzen der Annahme heterogener Firmen. Die geldpolitischen Implikationen stehen dabei im Vordergrund. In den ersten beiden, theoretisch ausgerichteten Kapiteln liegt der Fokus auf der Tatsache, dass Firmen unterschiedlich...

Persistent link: https://www.econbiz.de/10010510699