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Differences in Euro-Area Household Finances and Their Relevance for Monetary-Policy Transmission

Hintermaier, Thomas - 2019

prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life …

Persistent link: https://www.econbiz.de/10012859309

A Tacit Monetary Policy of the Gulf Countries : Is There a Remittances Channel?

Termos, Ali A. - 2015

The strong economic ties between the GCC economies and the U.S. are manifested in three ways: currency peg, coupling of monetary policy, and the adoption of the U.S. dollar as the trading currency for oil. This paper examines how these dynamics result in a misalignment of the U.S. monetary...

Persistent link: https://www.econbiz.de/10013028190

Home Ownership and Monetary Policy Transmission

Koeniger, Winfried - 2018

find that housing tenure reacts more strongly to unexpected changes in the policy rate in Germany and Switzerland - the … in the policy rate by 25 basis points increases the home ownership rate by 0.8 percentage points in Germany and by 0 …

Persistent link: https://www.econbiz.de/10012906518

Monetary Policy Transmission to Consumer Financial Stress and Durable Consumption

Georgarakos, Dimitris - 2019

We examine the effects of monetary policy on household self-assessed financial stress and durable consumption using panel data from eighteen annual waves of the British Household Panel Survey. For identification, we exploit random variation in household exposure to interest rates generated by...

Persistent link: https://www.econbiz.de/10012868821

The Impact of Labor Markets on the Transmission of Monetary Policy in an Estimated DSGE Model

Christoffel, Kai Philipp; Kuester, Keith; Linzert, Tobias - 2021

Real wages are a key determinant of marginal costs. The latter themselves are a driving force of inflation. We ask how wages and labor market shocks feed into the inflation process. We model search and matching frictions in the labour market in an otherwise standard New-Keynesian closed economy...

Persistent link: https://www.econbiz.de/10013318057

Labor in the Boardroom

Jäger, Simon - 2019

study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked …

Persistent link: https://www.econbiz.de/10012858488

Subsidies and Exports in Germany : First Evidence from Enterprise Panel Data

Girma, Sourafel - 2009

We use newly available representative panel data for manufacturing enterprises in West and East Germany to investigate … an impact of subsidies on the share of exports in total sales in West Germany but no evidence in East Germany …

Persistent link: https://www.econbiz.de/10012764168

Foreign Competition and Executive Compensation in the Manufacturing Industry : A Comparison between Germany and the U.S

Dyballa, Katharina - 2018

impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S. and (3 … covering the period from 1984-2010 for Germany respectively 1992-2011 for the U.S. and apply system GMM in order to solve … Germany. A differentiation between imported intermediates (efficient sourcing strategy) and final inputs (competition) reveals …

Persistent link: https://www.econbiz.de/10012912768

Management Practices and Productivity in Germany

Broszeit, Sandra - 2016

heterogeneity in management practices across establishments in Germany, with small firms having lower scores than large firms on … productivity in Germany. This association increases with firm size. Comparison to a similar survey in the US indicates that the … average management score is lower in Germany than in the US. Overall, our results point towards lower management quality being …

Persistent link: https://www.econbiz.de/10012978966

Trade and Manufacturing Jobs in Germany

Dauth, Wolfgang - 2017

manufacturing decline in Germany. It even retained those jobs in the economy …

Persistent link: https://www.econbiz.de/10012965020

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