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An Early Warning System to Predict the House Price Bubbles

Dreger, Christian; Kholodilin, Konstantin A. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

In this paper, we construct the country-specific chronologies of the house price bubbles for 12 OECD countries over the period 1969:Q1- 2010:Q2. These chronologies are obtained using a combination of a fundamental and a filter approaches. The resulting speculative bubble chronology is the one...

Persistent link: https://www.econbiz.de/10009216692

Price Convergence in the Enlarged Internal Market

Dreger, Christian; Kholodilin, Konstantin; Lommatzsch, … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

In this paper we investigate the effects of EU enlargement on price convergence. The internal market is expected to boost integration and increase efficiency and welfare through a convergence of prices in product markets. Two principal drivers are crucial to explain price developments. On the...

Persistent link: https://www.econbiz.de/10004963832

Do Regional Price Levels Converge?: Paneleconometric Evidence Based on German Districts

Dreger, Christian; Kosfeld, Reinhold - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

We investigate price index convergence on the base of regional data for 439 German districts. Prices refer to the overall consumer price index as well as to the index without housing prices. To increase the efficiency of the testing framework, a panel unit root analysis is performed, where cross...

Persistent link: https://www.econbiz.de/10005068816

Energy Consumption and Economic Growth: New Insights into the Cointegration Relationship

Belke, Ansgar; Dreger, Christian; Haan, Frauke de - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

This paper examines the long-run relationship between energy consumption and real GDP, including energy prices, for 25 OECD countries from 1981 to 2007. The distinction between common factors and idiosyncratic components using principal component analysis allows to distinguish between...

Persistent link: https://www.econbiz.de/10008568246

Is There a Bubble in the Chinese Housing Market?

Dreger, Christian; Zhang, Yanqun - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with pos-sible adverse effects to the real economy. To get insights into the size of the bubble, the house price evolution is...

Persistent link: https://www.econbiz.de/10008756092

The Impact of Oil Revenues on the Iranian Economy and the Gulf States

Dreger, Christian; Rahmani, Teymur - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014

In line with the neoclassical growth model a persistent stream of oil revenues might have a long lasting impact on GDP per capita in oil exporting countries through higher investment activities. This relationship is explored for Iran and the countries of the Gulf Cooperation Council (GCC) using...

Persistent link: https://www.econbiz.de/10010896180

Do Wealthier Households Save More?: The Impact of the Demographic Factor

Belke, Ansgar; Dreger, Christian; Ochmann, Richard - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

the savings rate is not homogeneous. On average, the effect attributed to real estate dominates the other components of … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …, an indirect effect arises through the accumulation of wealth. The savings rate does not decrease with age in a monotonic …

Persistent link: https://www.econbiz.de/10010551077

Technologische samenwerking in de Nederlandse industrie : resultaten monitor TECHSAM 1996

Braaksma, Ro M.; Hulshoff, H. E.; Snel, Dirk - 1996

Persistent link: https://www.econbiz.de/10000989668

Technologische samenwerking in de industrie en de zakelijke diensten

Hulshoff, H. E.; Snel, Dirk - 1997

Persistent link: https://www.econbiz.de/10000985731