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The role of banks in the transmission of monetary policy in the Baltics

Köhler, Matthias (contributor); Hommel, Judith (contributor) - 2006

The paper empirically investigates the monetary transmission mechanism in the Baltic States. The analysis of the transmission channels through which monetary policy shocks are transmitted is particularly important for the European Central Bank that makes monetary policy in an enlarged European...

Persistent link: https://www.econbiz.de/10003273232

Exchange rate or wage changes in internationale adjustment? : Japan and China versus the United States

McKinnon, Ronald I. (contributor) - 2005

. Under a fixed exchange rate, however, differential adjustment in the rate of growth of money wages will more accurately …

Persistent link: https://www.econbiz.de/10003114252

International capital mobility and current account targeting in Central and Eastern countries

Köhler, Matthias (contributor) - 2005

The paper examines the degree of financial integration in five central and eastern European economies on the basis of saving-investment correlations. A comparison with eleven member states of the European monetary union shows that the countries under review have already reached a higher degree...

Persistent link: https://www.econbiz.de/10003025910

Choosing from the reform menu card : individual determinants of labour market policy preferences

Heinemann, Friedrich (contributor); … - 2009

This contribution empirically explores the drivers of labour market reform acceptance for the individual level in Germany. For that purpose we make use of the representative German General Social Survey (ALLBUS). This survey offers data to which extent individuals support benefit cuts, longer...

Persistent link: https://www.econbiz.de/10003806186

Is the welfare state self-destructive? : a study of government benefit morale

Heinemann, Friedrich (contributor) - 2007

Assar Lindbeck has pointed to the problem that generous welfare state institutions may in the long-run undermine those social norms which limit the costs and incentives effects of the welfare state and thus guarantee its viability. This study is the first to assess the empirical validity of...

Persistent link: https://www.econbiz.de/10003480000

Exposure to television and individual beliefs : evidence from a natural experiment

Hennighausen, Tanja - 2012 - This version: October 2012

Does the information provided by mass media have the power to persistently affect individual beliefs about the drivers of success in life? To answer this question empirically, this contribution exploits a natural experiment on the reception of West German television in the former German...

Persistent link: https://www.econbiz.de/10009668468

Individual determinants of social fairness assessments : the case of Germany

Bischoff, Ivo (contributor); … - 2008

In this contribution we study the determinants of how individuals assess the social fairness of a given income distribution. We propose an analytical framework distinguishing between potential impact factors related to the following fields: first fairness preferences, second beliefs on the...

Persistent link: https://www.econbiz.de/10003751302

Modeling and explaining the dynamics of European Union allowance prices at high-frequency

Conrad, Christian; Rittler, Daniel; Rotfuß, Waldemar - 2010

the high-frequency EUA price dynamics are very well captured by a fractionally integrated asymmetric power GARCH process … economic development as well as the current economic activity. -- EU ETS ; EUA ; Announcement Effects ; Price Formation ; Long …

Persistent link: https://www.econbiz.de/10003977656

The European Commission and EUA prices : a high-frequency analysis of the EC's decisions on second NAPs

Rotfuß, Waldemar; Conrad, Christian; Rittler, Daniel - 2009

This paper empirically examines price formation in the European Union Emissions Trading Scheme (EU ETS). Our analysis … shows that unexpected allocations of European Union Allowances (EUAs) lead to pronounced price reactions of the expected … ; price formation ; European Union Allowance (EUA) ; European Commission …

Persistent link: https://www.econbiz.de/10003875267

What drives the efficiency of hard coal fuelled electricity generation? : an empirical assessment

Hoffmann, Tim; Voigt, Sebastian - 2009

abundance of hard coal and the price of hard coal are the two variables of our major interest. We assume that countries with an … coal abundance or the accessibility of hard coal, respectively, the hard coal price, the level of foreign direct investment …

Persistent link: https://www.econbiz.de/10003814080