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Renewed Momentum in the German Housing Market: Boom or Bubble?
Chen, Xi; Funke, Michael - CESifo - 2013
The renewed momentum in the German housing market has led to concerns that Germany is vulnerable to asset price shocks … speculative bubbles in Germany over the sample period 1987Q3 – 2012Q4. Overall, we find that actual house prices are not … Germany. …
Persistent link: https://www.econbiz.de/10010877826
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Does Size Matter? The Impact of Changes in Household Structure on Income Distribution in Germany
Peichl, Andreas; Pestel, Nico; Schneider, Hilmar - CESifo - 2010
Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood …
Persistent link: https://www.econbiz.de/10008727303
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Drifting Together or Falling Apart? The Empirics of Regional Economic Growth in Post-Unification Germany
Colavecchio, Roberta; Curran, Declan; Funke, Michael - CESifo - 2005
The objective of this paper is to address the question of convergence across German districts in the first decade after German unification by drawing out and emphasising some stylised facts of regional per capita income dynamics. We achieve this by employing non-parametric techniques which focus...
Persistent link: https://www.econbiz.de/10005765634
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Threshold Effects and Regional Economic Growth – Evidence from West Germany
Funke, Michael; Niebuhr, Annekatrin - CESifo - 2002
West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income …, here West Germany, shows that the model might help to explain regional growth patterns. …
Persistent link: https://www.econbiz.de/10005766106
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In Search of Leading Indicators of Economic Activity in Germany
Bandholz, Harm; Funke, Michael - CESifo - 2001
In this paper we present two new composite leading indicators of economicactivity in Germany estimated using a dynamic …
Persistent link: https://www.econbiz.de/10005405982
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Labour Demand in Germany: An Assessment of Non-Wage Labour Costs
Chen, Yu-Fu; Funke, Michael - CESifo - 2003
The data indicate that non-wage labour costs in Germany have reached a record high in recent years. From 1972 to 2001 …
Persistent link: https://www.econbiz.de/10005406193