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close scrutiny. Using monthly data from 1973:01 to 2009:12 from the USA, UK, Germany, France and Japan, this paper as a …
Persistent link: https://www.econbiz.de/10009580305
six countries (US, UK, Germany, France, Canada, and Japan). We evaluate the models‘ abilities to match empirical second … parametrizations, sticky information performs better in France while sticky prices dominate in the UK and Germany. Sticky prices match … betrachtet dazu die Inflationsdynamiken in sechs verschiedenen Ländern (USA, Großbritannien, Deutschland, Frankreich, Kanada und …
Persistent link: https://www.econbiz.de/10009124276
We use futures instead of forward rates to study the complete maturity spectrum of the forward premium puzzle from two days to six months. At short maturities the slope coefficient is positive, but these turn negative as the maturity increases to the monthly level. Futures data allow us to...
Persistent link: https://www.econbiz.de/10013141467
This study analyzes the exchange rate pass-through into German import prices based on disaggregated data taken on a monthly basis between 1995 and 2012. Our main contribution is twofold: firstly, we employ various time-series techniques to analyze data for different product categories, and also...
Persistent link: https://www.econbiz.de/10009771153
In Germany we observe a decline in regular employment and an increase in atypical forms of employment. Especially …
Persistent link: https://www.econbiz.de/10003740199
portray the labour market outcomes of second generation immigrants in Germany. Special attention is attributed to observable …
Persistent link: https://www.econbiz.de/10003740243
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
distinct focus on Germany, the three most important and still largely open questions in the design and implementation of …
Persistent link: https://www.econbiz.de/10003745074
Studies on the effect of ageing on health care expenditures (HCE) have revealed the importance of controlling for time-to-death (TTD). These studies, however, are subject to possible endogeneity if HCE influences remaining life expectancy. This paper introduces a ten year observational period on...
Persistent link: https://www.econbiz.de/10003767521
Deductibles in health insurance are often regarded as a means to contain health care costs when individuals exhibit moral hazard. However, in the absence of moral hazard, voluntarily chosen deductibles may instead lead to self-selection into different insurance contracts. We use a set of new...
Persistent link: https://www.econbiz.de/10003785047