The paper assesses the price and wage flexibility in Hong Kong SAR. At the aggregate level, it compares Hong Kong SAR …

effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and … Germany to confirm a weakening of monetary policy effectiveness over time with regards to unemployment and inflation. After …

taken into account. Comparisons of Engel curves are also made to households in Great Britain and Germany. Results from …

subsidies on retirement, savings and housing choices in the two countries. Germany faces a particularly pronounced aging process … percent at its peak in 2030. In this respect, changes that are occurring in Germany now may be regarded as indicative for … changes to come in the United States. Retirement, savings and housing behavior differ quite markedly between Germany and the …

based on a cross-country study for the United States (US), the United Kingdom (UK) and Germany. Focusing on corporate credit …, we find that legislation produces the highest credit risk in the US, followed by Germany, while UK law is found to be …

This paper simulates out-of-sample inflation forecasting for Germany, the UK, and the US. In contrast to other studies …