Showing 1 - 10 of 136
We report results on the ex ante predictability of monthly excess stock returns in Germany using real-time and revised …
Persistent link: https://www.econbiz.de/10003304970
In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability that the ith changes its prices in response to a...
Persistent link: https://www.econbiz.de/10003844356
Persistent link: https://www.econbiz.de/10012991193
We report results on the ex ante predictability of monthly excess stock returns in Germany using real-time and revised …
Persistent link: https://www.econbiz.de/10010295798
entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic … increase in self-employment in Germany by 40 percent which can partly be attributed to the transformation process of East … Germany and to the shift to the service sector. We notice a yearly start-up rate of 1 percent among the working population …
Persistent link: https://www.econbiz.de/10010282293
entrepreneurship in Germany between 1991 and 2011, the first two decades after reunification. We investigate the socio … increase in self-employment in Germany by 40 percent which can partly be attributed to the transformation process of East … Germany and to the shift to the service sector. We notice a yearly start-up rate of 1 percent among the working population …
Persistent link: https://www.econbiz.de/10010286464
professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and …
Persistent link: https://www.econbiz.de/10003789432
The paper analyses the recent supply side developments in France, Germany, and Italy by employing a non …
Persistent link: https://www.econbiz.de/10003304964
used a new dataset on monthly real-time macroeconomic variables for Germany. The dataset covers the period 1994-2005. We …
Persistent link: https://www.econbiz.de/10003315444
We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a...
Persistent link: https://www.econbiz.de/10008688861