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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

Monetary Policy Transmission and House Prices: European Cross Country Evidence

Carstensen, Kai; Hülsewig, Oliver; Wollmershäuser, Timo - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

This paper explores the importance of housing and mortgage market heterogeneity in 13 European countries for the transmission of monetary policy. We use a pooled VAR model which is estimated over the period 1995-2006 to generate impulse responses of key macroeconomic variables to a monetary...

Persistent link: https://www.econbiz.de/10011128103

What Drives Housing Prices Down?: Evidence from an International Panel

Kholodilin, Konstantin A.; Menz, Jan-Oliver; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

In this study, we suggest an explanation for the alarmingly low growth rates of real housing prices in Canada and Germany in comparison to other OECD countries over 1975-2005. We show that the long-run development of housing markets is determined by real disposable per capita income, real...

Persistent link: https://www.econbiz.de/10005068727

Monetary Policy Transmission and House Prices: European Cross Country Evidence

Carstensen, Kai; Hülsewig, Oliver; Wollmershäuser, Timo - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

Persistent link: https://www.econbiz.de/10005069152

European Labour Mobility: Challenges and Potentials

Zimmermann, Klaus F. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2004

workforce, and (ii) a split labour market that is characterized by high levels of unemployment for low -skilled people and a …

Persistent link: https://www.econbiz.de/10005068726

Germany's Slump Explaining the Unemployment Crisis of the 1990s

Lindlar, Ludger; Scheremet, Wolfgang - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 1998

According to a widespread view, Germany's unemployment crisis is caused by rigid labour markets, low profitability and … Germany's unemployment rate since 1989, first because no distinction is drawn between the situation in the Eastern part of … negotiations. The unification shock to the East added at least 2.5 percentage points to Germany's overall unemployment rate, as …

Persistent link: https://www.econbiz.de/10009216268

Social Networks, Job Search Methods and Reservation Wages: Evidence for Germany

Caliendo, Marco; Schmidl, Ricarda; Uhlendorff, Arne - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

In this paper we analyze the relationship between social networks and the job search behavior of unemployed individuals. It is believed that networks convey useful information in the job search process such that individuals with larger networks should experience a higher productivity of informal...

Persistent link: https://www.econbiz.de/10008643688

Reservation Wages of First and Second Generation Migrants

Constant, Amelie; Krause, Annabelle; Rinne, Ulf; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

survey data of a representative inflow sample into unemployment in Germany, we empirically test the hypothesis that …

Persistent link: https://www.econbiz.de/10008765849

Ethnic Minorities in the European Union: An Overview

Kahanec, Martin; Zaiceva, Anzelika; Zimmermann, Klaus F. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

This paper sheds light on the labor market situation of ethnic minorities in the European Union. Facing a serious measurement challenge and lacking adequate data, we apply several measures of ethnicity and examine various data sources as well as secondary evidence. We find significant gaps...

Persistent link: https://www.econbiz.de/10008765850

Economic Preferences and Attitudes of the Unemployed: Are Natives and Second Generation Migrants Alike?

Constant, Amelie F.; Krause, Annabelle; Rinne, Ulf; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

natives and second generation migrants. We analyze an inflow sample into unemployment in Germany, and find differences between … employment probability about two months after unemployment entry. We observe a significantly lower employment probability for …

Persistent link: https://www.econbiz.de/10008765852