We formulate a simple theoretical model of a banking industry that we use to identify and construct theory-based measures of systemic bank shocks (SBS). These measures differ from "banking crisis" (BC) indicators employed in many empirical studies, which are constructed using primarily...

In several studies, hedonic methods have been used successfully for the ex post assessment of the accuracy of inflation measurement. Most of those studies relate to high-tech products, with respect to which traditional methods of compiling price indices often fail. We apply hedonic methods to...

In dieser Studie wird die Genauigkeit der Inflationsmessung in Deutschland am Beispiel des Preisindex für die Lebenshaltung theoretisch und empirisch untersucht. In vergleichbaren Untersuchungen, wie sie bisher insbesondere für die USA angestellt wurden, sind vier wichtige ,,Fehler-" quellen...