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The Maastrich convergence criteria and optimal monetary policy for the EMU accession countries
Lipinska, Anna (contributor) - 2007
Persistent link: https://www.econbiz.de/10003485183
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Inflation, price dispersion and market integration through the lens of a monetary search model
Becker, Sascha O.; Nautz, Dieter - 2010
Recent monetary search models emphasize that the real effects of inflation via its impact on price dispersion depend on the level of search costs and, thus, on the level of market integration. For less integrated markets, the inflation-price dispersion nexus is predicted to be asymmetrically...
Persistent link: https://www.econbiz.de/10003952539
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Central bank communication and the perception of monetary policy by financial market experts
Schmidt, Sandra; Nautz, Dieter - 2010
This paper investigates why financial market experts misperceive the interest rate policy of the European Central Bank (ECB). Assuming a Taylor-rule-type reaction function of the ECB, we use qualitative survey data on expectations about the future interest rate, inflation, and output to discover...
Persistent link: https://www.econbiz.de/10008796249
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National accounts revisions and output gap estimates in a model of monetary policy with data uncertainty
Mahadeva, Lavan (contributor); Muscatelli, Alex (contributor) - 2005
This paper looks at some implications of data uncertainty for monetary policy. We combine national accounts data revisions with optimal control and filtering experiments on a calibrated model to discuss policy implications of price-versus-volume data uncertainty in GDP data for the United...
Persistent link: https://www.econbiz.de/10003384150
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German and the rest of euro area fiscal policy during the crisis
Gadatsch, Niklas; Hauzenberger, Klemens; Stähler, Nikolai - 2015
We present the estimated large-scale three-region DSGE model GEAR picturing Germany, the Euro Area and the Rest of the world. Compared to existing models of this type, GEAR incorporates a comprehensive fiscal block, involuntary unemployment and a complex international structure. We use the model...
Persistent link: https://www.econbiz.de/10010516561
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Is there a fade-away effect of initial nonresponse bias in EU-SILC?
Rendtel, Ulrich - 2015
Finnish subsample of EU-SILC for the equival- ized household net-income. The income is grouped into income brackets which … stability may vary among the European countries. Therefore we investigated the transition matrices for 25 EU-SILC countries. We … for Finland (least reduction). Our results vote for longer observation periods in rotation panels like EU-SILC. …
Persistent link: https://www.econbiz.de/10011312698
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"Welfare magnetism" in the EU-15? : why the EU enlargement did not start a race to the bottom of welfare states
Skupnik, Christoph - 2013
generous welfare systems. After the introduction of the freedom of movement for Eastern European workers, EU-15 countries can … not support the prediction of a race to the bottom in protection levels. Using data from the EU-LFS 2004 to 2011, I …
Persistent link: https://www.econbiz.de/10009764577
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The six country immigrant integration comparative survey (SCIICS) : technical report
Ersanilli, Evelyn - 2013
The Six Country Immigrant Integration Comparative Survey (SCIICS) is a large-scale telephone survey conducted in 2008. The aim was to collect comparable data across European countries (the Netherlands, Germany, France, Belgium, Austria and Sweden) with different integration policies as well as...
Persistent link: https://www.econbiz.de/10009775529
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The evolution of economic convergence in the European Union
Borsi, Mihály Tamás; Metiu, Norbert - 2013
important insights on the economic catch-up exhibited by the new EU members in light of the institutional changes and … convergence in the EU, however, we identify subgroups that converge to different steady states using an iterative testing … suggests a clear separation between the new and old EU member states in the long run. …
Persistent link: https://www.econbiz.de/10009784195
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The convergence processes in Europe and Latvia
Meļihovs, Aleksejs; Kasjanovs, Igors - 2011
Persistent link: https://www.econbiz.de/10011438236