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Inflation forecasting with inflation sentiment indicators

Döhrn, Roland (contributor); … - 2008

indicators for the US and Germany, we demonstrate that our inflation sentiment indicators improve forecast accuracy in comparison … to a standard Phillips curve approach. Because the forecast performance is particularly good for longer horizons, we also …

Persistent link: https://www.econbiz.de/10003785071

Tobacco and alcohol: complements or substitutes? : a structural model approach

Tauchmann, Harald; Göhlmann, Silja; Requate, Tilman; … - 2007

Persistent link: https://www.econbiz.de/10003607477

The dynamics of assortative mating in Germany

Grave, Barbara S.; Schmidt, Christoph M. - 2012

This paper examines the patterns of educational assortative mating in East and West Germany. In the literature it is … mating can lead to polarization and exacerbate economic inequality. For Germany, little is known about actual patterns of … marriage formation along educational lines. Our empirical analysis for Germany shows that educational assortative mating has …

Persistent link: https://www.econbiz.de/10009580134

Information or institution? : On the determinants of forecast accuracy

Döhrn, Roland; Schmidt, Christoph M. - 2010

The accuracy of macroeconomic forecast depends on various factors, most importantly the mix of analytical methods used … forecasts of German GDP and its components to analyze the impact of institutions and information on forecast accuracy. We find … that forecast errors are a linear function of the forecast horizon. This result is robust over a variety of different …

Persistent link: https://www.econbiz.de/10008933291

Brother sun, sister moon : the lunar cycle, sunspots and the frequency of births

Bauer, Thomas K.; Bender, Stefan; Heining, Jörg; … - 2010

Based on multivariate linear regression models, we analyze the effect of the lunar cycle and the number of sunspots occurring on a particular day on the number of births using social security data and controlling for a number of other potential confounders. The daily number of births between...

Persistent link: https://www.econbiz.de/10008934973

Beyond GDP and back : what is the value-added by additional components of welfare measurement?

New, Sonja C. de; Schmidt, Christoph M. - 2011

Recently, building on the highly polarizing Stiglitz report, a growing literature suggests that statistical offices and applied researchers explore other aspects of human welfare apart from material well-being, such as job security, crime, health, environmental factors and subjective...

Persistent link: https://www.econbiz.de/10008935256

Heterogeneity in the intergenerational transmission of alcohol consumption : a quantile regression approach

Schmidt, Christoph M.; Tauchmann, Harald - 2010

This paper addresses the question of whether the effect of parental drinking on children’s later consumption of alcohol - which is frequently found to be of positive sign - exhibits a certain pattern of heterogeneity. In particular, if this effect is more prominent in the upper tail than...

Persistent link: https://www.econbiz.de/10003966863

The German productivity paradox : facts and explanations

Elstner, Steffen; Feld, Lars P.; Schmidt, Christoph M. - 2018

Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. This paper analyzes the reasons behind this disconcerting development. A major factor is the turnaround of the labor market that commenced around 2005. The successful...

Persistent link: https://www.econbiz.de/10011897954

EU structural funds and regional income convergence : a sobering experience

Breidenbach, Philipp; Mitze, Timo; Schmidt, Christoph M. - 2016

The European Structural and Investment Funds (ESIF) are the prime instrument of EU regional policy. European policy makers place considerable hope into their growth stimulating funding measures to overcome current economic stagnation. Consequently, there is a strong need for credible evidence...

Persistent link: https://www.econbiz.de/10011440788

Asymmetry - resurrecting the roots

Frondel, Manuel; Schmidt, Christoph M.; Vance, Colin - 2013

This note attempts to reconcile a range of primary methods for dealing with price asymmetry, such as the approaches proposed by Tweeten and Quance (1969), Wolffram (1971) and Houk(1977). Using Wolffram’s stylized example, we first illustrate that the notion of asymmetry can be captured in a...

Persistent link: https://www.econbiz.de/10010206201