Narrow search
Showing 1 - 10 of 168
Cover Image
LTV regulation and housing bubbles
Chevallier, Claire Océane; El Joueidi, Sarah - 2020
Persistent link: https://www.econbiz.de/10012818364
Cover Image
LTV regulation and housing bubbles
Chevallier, Claire Océane; El Joueidi, Sarah - 2022
Persistent link: https://www.econbiz.de/10013337353
Cover Image
The value of real assets and interest rates : is there a reliable relationship?
Griffiths, Hayden - 1993
Persistent link: https://www.econbiz.de/10000914862
Cover Image
Partial pooling with cross-country priors : an application to house price shocks
Roth, Markus - 2020
A structural Bayesian vector autoregression model predicts that - when accompanied by a decline in consumer confidence - a one-percent decrease in house prices is associated with a contraction of economic activity by 0.2 to 1.2 percent after one year. Results point to important second-round...
Persistent link: https://www.econbiz.de/10012173539
Cover Image
Labor market integration of migrants : hidden costs and benefits in two-tier welfare states
König, Jan; Skupnik, Christoph - 2012
We apply a monopoly trade union model and analyze employment, wage and budgetary effects of (i) an inflow of migrant workers and (ii) an increase in the labor market participation rate of migrants. Per assumption, natives and migrants solely differ with respect to the level of benefit claims in...
Persistent link: https://www.econbiz.de/10009510576
Cover Image
Growing up in ethnic enclaves : language proficiency and educational attainment of immigrant children
Danzer, Alexander M.; Feuerbaum, Carsten; Piopiunik, Marc; … - 2018
Does a high regional concentration of immigrants of the same ethnicity affect immigrant children's acquisition of host-country language skills and educational attainment? We exploit the exogenous placement of guest workers from five ethnicities across German regions during the 1960s and 1970s in...
Persistent link: https://www.econbiz.de/10011904270
Cover Image
The role of unemployment and job change when estimating the returns to migration
Emmler, Julian; Fitzenberger, Bernd - 2019
Estimating the returns to migration from East to West Germany, this paper focuses on pre-migration employment dynamics, earnings uncertainty, and job change in the source region. Migrants are found to be negatively selected with respect to labor market outcomes, with a large drop in earnings and...
Persistent link: https://www.econbiz.de/10012139544
Cover Image
Apparent bubbles and misspecified fundamentals
Smith, Gregor W. - 1987
Persistent link: https://www.econbiz.de/10003532777
Cover Image
Are there bubbles in the Sterling-dollar Exchange Rate? : new evidence from Sequential ADF Tests
Bettendorf, Timo; Chen, Wenjuan - 2012
There has been mixed evidence regarding the existence of rational bubbles in the foreign exchange markets. Standard … unit root and cointegration tests are criticized for their low power to detect rational bubbles that periodically collapse …. This paper introduces recently developed sequential unit root tests into the analysis of exchange rates bubbles. Our …
Persistent link: https://www.econbiz.de/10009704893
Cover Image
Banks, markets, and financial stability
Eder, Armin; Fecht, Falko; Pausch, Thilo - 2014
We use a Diamond/Dybvig-based model with two banks operating in separate regions connected by a common asset market in which banks and sophisticated depositors invest. We study the effect of a potential run (crisis) and subsequent fire sales on the asset price in both the crisis and no-crisis...
Persistent link: https://www.econbiz.de/10010433396