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In this paper, we make multi-step forecasts of the monthly growth rates of the prices and rents for flats in 26 largest German cities. Given the small time dimension, the forecasts are done in a panel-data format. In addition, we use panel models that account for spatial dependence between the...
Persistent link: https://www.econbiz.de/10009579231
excluding variables and to applying two alternative estimation techniques: OLS and quantile regression. Based on our estimation …
Persistent link: https://www.econbiz.de/10009579235
due to the fact that mortality rises with age and a large share of HCE is caused by proximity to death. As a consequence …, rising longevity - through falling mortality rates - may even reduce HCE. However, a weakness of previous empirical studies … over the period 1997-2009. Using (dynamic) panel data models, we find that age, mortality and five-year survival rates have …
Persistent link: https://www.econbiz.de/10009579344
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment, retirement and consumption decisions of forward-looking...
Persistent link: https://www.econbiz.de/10009487897
mortality risk to higher ages will not affect lifetime health care expenditures as death occurs only once in every life. We … life and for survivors, which we apply to the projections of the age structure and mortality rates for the German …
Persistent link: https://www.econbiz.de/10002390153
Empirical evidence from several countries reveals that self-rated health is a valid predictor of mortality. So far … the relationship between self-rated health and mortality for Germany. In addition the GSOEP data enable an exploration of …
Persistent link: https://www.econbiz.de/10011432793
In this paper we present an international cross-country benchmarking analysis for utility regulation of France and …
Persistent link: https://www.econbiz.de/10003779463
, France, Italy, the Netherlands, and the UK. We find that even when accounting for expectations, represented by the economic …
Persistent link: https://www.econbiz.de/10003338244
professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and …
Persistent link: https://www.econbiz.de/10003377091
Efforts undertaken by France to restructure the allocation of governmental competencies increased the importance of … government level for a sample of 96 départements in metropolitan France in 2008. Spending efficiency is measured using Data …
Persistent link: https://www.econbiz.de/10009427846