Narrow search
Showing 1 - 10 of 1,105
Cover Image
The impact of the introduction of the Euro on firms' expectations concerning export behavior, product innovation and foreign competition : an empirical assessment of the German bus...
Kaiser, Ulrich; Müller, Claudia - 1998
contend with new foreign competition after the introduction of the Euro. Panel data taken from a quarterly business survey in … in their expectations that the Euro will increase export activity and product innovation, but significantly more East … German firms expect new foreign competitors to enter the home market. The impact of the Euro on firms' expectations of …
Persistent link: https://www.econbiz.de/10011622467
Cover Image
The impact of political announcements on expectations concerning the starting date of the EMU : a microeconometric approach to the detection of event-dependent answering patterns i...
Kaiser, Ulrich - 1997
This paper examines German business survey data to uncover the influence of political news on expectations concerning the starting date of the European Monetary Union (EMU). In this survey the participants were asked to indicate whether they expect a punctual or a delayed start of the EMU....
Persistent link: https://www.econbiz.de/10011621979
Cover Image
Coin migration between Germany and other euro area countries
Uhl, Matthias - 2020
that, for the coin denominations €2, €1, 50 cent and 20 cent roughly the same quantity of euro coins migrate from Germany … Republic of Germany are not materially explained by exports of coins to other euro area countries. …Euro coins have a common European side and an individual national side. Thanks to coin migration, coins bearing a …
Persistent link: https://www.econbiz.de/10012272025
Cover Image
With a little help from my friends : survey-based derivation of euro area short rate expectations at the effective lower bound
Geiger, Felix; Schupp, Fabian - 2018
-varying effective lower bound. These challenges all weigh heavily when estimating a DTSM for the euro area OIS yield curve. Against this …
Persistent link: https://www.econbiz.de/10011888340
Cover Image
Uncertainty about QE effects when an interest rate peg is anticipated
Gerke, Rafael; Giesen, Sebastian; Kienzler, Daniel - 2018
After hitting the lower bound on interest rates, the Eurosystem engaged in a public sector purchase programme (PSPP) and forward guidance (FG). We use prior and posterior predictive analysis to evaluate the importance of parameter uncertainty in an analysis of these policies. We model FG as an...
Persistent link: https://www.econbiz.de/10011846905
Cover Image
Heterogeneous expectations among professional forecasters
Conrad, Christian; Lahiri, Kajal - 2023
Macroeconomic expectations of various economic agents are characterized by substantial cross-sectional heterogeneity. In this paper, we focus on expectations heterogeneity among professional forecasters. We first present stylized facts and discuss theoretical explanations for heterogeneous...
Persistent link: https://www.econbiz.de/10014472058
Cover Image
Approximating fixed-horizon forecasts using fixed-event forecasts
Knüppel, Malte; Vladu, Andreea L. - 2016
research. Many forecast surveys ask their participants for fixed-event forecasts. Since fixed-event forecasts have seasonal … very flexible. The forecast to be approximated as well as the information employed by the approximation can be any linear …
Persistent link: https://www.econbiz.de/10011518264
Cover Image
Below the zero lower bound : a shadow-rate term structure model for the euro area
Lemke, Wolfgang; Vladu, Andreea L. - 2016
We propose an arbitrage-free shadow-rate term structure model to analyze the euro-area yield curve from 1999 to mid …
Persistent link: https://www.econbiz.de/10011532627
Cover Image
The determinants of service imports : the role of cost pressure and financial constraints
Biewen, Elena; Harsch, Daniela; Spies, Julia - 2012
This study provides evidence on how German multinational firms have restructured their service activities around the recent crisis. Making use of new micro-level data on service imports of German multinationals from 2002-2008, we assess the determinants of service offshoring along the extensive...
Persistent link: https://www.econbiz.de/10009674851