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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
In contrast to West Germany, illicit drugs were virtually absent in East Germany until 1990. However, after the … collapse of the former GDR, East Germany was expected to encounter a sharp increase in substance abuse. By analyzing individual … data, we find that East Germany largely caught up with West Germany's ever-growing prevalence of cannabis use within a …
Persistent link: https://www.econbiz.de/10003758120
In contrast to West-Germany, illicit drugs were virtually absent in East-Germany until 1990. Yet, after the collapse of … the former GDR, East-Germany was expected to encounter a sharp increase in the prevalence of substance abuse. By analyzing … individual data, we find that East-Germany largely caught up with West-Germany's ever-growing prevalence of illicit drugs within …
Persistent link: https://www.econbiz.de/10003740307
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
The inefficiency of health care provision presents a major health policy concern in Germany. In order to address the …
Persistent link: https://www.econbiz.de/10003850898