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This study analyzes the exchange rate pass-through into German import prices based on disaggregated data taken on a monthly basis between 1995 and 2012. Our main contribution is twofold: firstly, we employ various time-series techniques to analyze data for different product categories, and also...
Persistent link: https://www.econbiz.de/10009771153
portray the labour market outcomes of second generation immigrants in Germany. Special attention is attributed to observable …
Persistent link: https://www.econbiz.de/10003740243
In contrast to West-Germany, illicit drugs were virtually absent in East-Germany until 1990. Yet, after the collapse of … the former GDR, East-Germany was expected to encounter a sharp increase in the prevalence of substance abuse. By analyzing … individual data, we find that East-Germany largely caught up with West-Germany's ever-growing prevalence of illicit drugs within …
Persistent link: https://www.econbiz.de/10003740307
Studies on the effect of ageing on health care expenditures (HCE) have revealed the importance of controlling for time-to-death (TTD). These studies, however, are subject to possible endogeneity if HCE influences remaining life expectancy. This paper introduces a ten year observational period on...
Persistent link: https://www.econbiz.de/10003767521
Deductibles in health insurance are often regarded as a means to contain health care costs when individuals exhibit moral hazard. However, in the absence of moral hazard, voluntarily chosen deductibles may instead lead to self-selection into different insurance contracts. We use a set of new...
Persistent link: https://www.econbiz.de/10003785047
indicators for the US and Germany, we demonstrate that our inflation sentiment indicators improve forecast accuracy in comparison …
Persistent link: https://www.econbiz.de/10003785071
substitutive links between trade flows and outward FDI in line with earlier empirical evidence for Germany. Building upon German …
Persistent link: https://www.econbiz.de/10003811780
This paper analyses the monetary policy interdependence between the European Central Bank (ECB) and the Federal Reserve (Fed) for the period 1999-2006. Two models are specified: a partial Vector Error Correction Model (VECM) and a general VECM. In the partial VECM, we look for a long-run...
Persistent link: https://www.econbiz.de/10003811795
car. Using panel data on new-car registrations in Germany, Europe's largest car market, the present paper addresses this … ; circulation tax ; car market ; Germany ; panel data ; nested logit model …
Persistent link: https://www.econbiz.de/10003811809
In many economic models a central variable of interest is lifetime or permanent income which is not observed in survey data sets and typically proxied by annual income information. To assess the quality of such approximations, we use a unique source of lifetime earnings - the German pension...
Persistent link: https://www.econbiz.de/10003824741