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Persistent link: https://www.econbiz.de/10014287269
Inflation Expectations survey perform relative to the random-walk forecast when it comes to predicting five financial variables …-walk forecast for the repo rate and Prague Interbank Offered Rate at the onemonth forecasting horizon. For the five-year and ten … horizons. For the CZE/EUR exchange rate, no statistically significant differences in forecast precision were found. …
Persistent link: https://www.econbiz.de/10013469611
Persistent link: https://www.econbiz.de/10013347262
This paper shows how to combine microeconometric evidence on the effects of environmental policy with a macroeconomic model, accounting for general equilibrium spillovers that have mostly been ignored in the literature. To this end, we study the effects of a recent US air pollution policy. We...
Persistent link: https://www.econbiz.de/10014552922
difficulties. This study explores potential future employment dynamics across European industries and employment groups for the … period up to 2026 by drawing on past sectoral trends and the latest macroeconomic forecast results from the International …
Persistent link: https://www.econbiz.de/10012628382
This chapter examines the redistributive preferences of Latin Americans and investigates the factors that shape them. Using a detailed survey in eight Latin American countries, the study sheds new light on redistributive preferences and explores which aspects of redistribution are more popular...
Persistent link: https://www.econbiz.de/10014545253
Private transfers can affect the spending response to stimulus payments, as those receiving income windfalls may …
Persistent link: https://www.econbiz.de/10012872404
almost as large as the fraction that report they would increase their spending. This means that targeting direct fiscal …
Persistent link: https://www.econbiz.de/10012427912
MPCs were directly elicited from a representative sample of UK adults in July 2020. Reported MPCs are low, around 11% on average. They are higher, but still modest, for individuals in households with high current needs. These low MPCs may be a consequence of the prevailing economic uncertainty....
Persistent link: https://www.econbiz.de/10012304942
MPCs were directly elicited from a representative sample of UK adults in July 2020 using receipt of a hypothetical unanticipated, one-time income payment. Reported MPCs are modest, around 11% on average. They are higher, but still modest, for individuals in households with high current needs....
Persistent link: https://www.econbiz.de/10012612848