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How important are demand and supply shocks in explaining German business cycles?: New evidence on an old debate
Funke, Michael - In: Economic Modelling 14 (1997) 1, pp. 11-37
Persistent link: https://www.econbiz.de/10005205593
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Threshold effects and regional economic growth--evidence from West Germany
Funke, Michael; Niebuhr, Annekatrin - In: Economic Modelling 22 (2005) 1, pp. 61-80
Persistent link: https://www.econbiz.de/10005205683
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Regional growth in West Germany: convergence or divergence?
Funke, Michael; Strulik, Holger - In: Economic Modelling 16 (1999) 4, pp. 489-502
Persistent link: https://www.econbiz.de/10005205684
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Stock market wealth effects in an estimated DSGE model for Hong Kong
Funke, Michael; Paetz, Michael; Pytlarczyk, Ernest - In: Economic Modelling 28 (2011) 1, pp. 316-334
This paper develops and estimates an open-economy dynamic stochastic general equilibrium (DSGE) model of the Hong Kong economy. The model features short-run price rigidities generated by monopolistic competition and staggered reoptimization. We devote special attention to asset prices and wealth...
Persistent link: https://www.econbiz.de/10010573319
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Stock market wealth effects in an estimated DSGE model for Hong Kong
Funke, Michael; Paetz, Michael; Pytlarczyk, Ernest - In: Economic Modelling 28 (2011) 1-2, pp. 316-334
This paper develops and estimates an open-economy dynamic stochastic general equilibrium (DSGE) model of the Hong Kong economy. The model features short-run price rigidities generated by monopolistic competition and staggered reoptimization. We devote special attention to asset prices and wealth...
Persistent link: https://www.econbiz.de/10008861667