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House Price Expectations
Gohl, Niklas; Haan, Peter; Michelsen, Claus; Weinhardt, … - 2022
This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six … hypothesis about the incidence, formation, and relevance of price expectations. To do so, we use data from a tailored household … expectations exhibit mean reversion in the long-run. Moreover, we do not find evidence for biases related to individual housing …
Persistent link: https://www.econbiz.de/10012882616
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House price expectations
Gohl, Niklas; Haan, Peter; Michelsen, Claus; Weinhardt, … - 2022
This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six … hypothesis about the incidence, formation, and relevance of price expectations. To do so, we use data from a tailored household … expectations exhibit mean reversion in the long-run. Moreover, we do not find evidence for biases related to individual housing …
Persistent link: https://www.econbiz.de/10012819576
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House Price Expectations
Gohl, Niklas; Haan, Peter; Michelsen, Claus; Weinhardt, … - 2023
This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six … hypothesis about the incidence, formation, and relevance of price expectations. To do so, we use data from a tailored household … expectations exhibit mean reversion in the long-run. Moreover, we do not find evidence for biases related to individual housing …
Persistent link: https://www.econbiz.de/10014348327
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Upswing of German economy prevails
Fichtner, Ferdinand; Baldi, Guido; Bremus, Franziska; … - In: DIW Economic Bulletin 5 (2015) 26, pp. 343-353
The German economy is continuing on an upward trend. Due to surprisingly weak production at the start of this year, GDP is likely to increase by 1.8 percent and is therefore growing somewhat slower this year than previously predicted. Growth of 1.9 percent is still expected for the coming year....
Persistent link: https://www.econbiz.de/10011288341
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Deutsche Wirtschaft setzt Aufschwung fort: Sommergrundlinien 2015
Fichtner, Ferdinand; Baldi, Guido; Bremus, Franziska; … - In: DIW Wochenbericht 82 (2015) 26, pp. 591-606
Die deutsche Wirtschaft setzt ihren Aufschwung fort. Aufgrund der überraschend schwachen Produktion zum Jahresbeginn wird das Bruttoinlandsprodukt im laufenden Jahr wohl um 1,8 Prozent und damit im jahresdurchschnittlichen Vergleich etwas weniger zulegen als bislang erwartet. Für das kommende...
Persistent link: https://www.econbiz.de/10011288346
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DIW economic outlook
Fichtner, Ferdinand; Baldi, Guido; Bremus, Franziska; … - In: DIW Economic Bulletin 5 (2015) 38, pp. 495-507
The German economy is on track, and will likely grow by 1.8 percent this year; in the coming year, with a slight increase in dynamics, it will grow by 1.9 percent. With these figures DIW Berlin confirms its forecast from this summer. Employment growth continues; the unemployment rate will...
Persistent link: https://www.econbiz.de/10011341102
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Herbstgrundlinien 2015: Deutsche Wirtschaft hält Kurs
Fichtner, Ferdinand; Baldi, Guido; Bremus, Franziska; … - In: DIW Wochenbericht 82 (2015) 38, pp. 827-861
Die deutsche Wirtschaft hält Kurs und wird in diesem Jahr wohl um 1,8 Prozent wachsen, im kommenden Jahr, bei leicht anziehender Dynamik, um 1,9 Prozent. Damit hält das DIW Berlin an seiner Prognose vom Sommer dieses Jahres fest. Der Beschäftigungsaufbau setzt sich fort; die Arbeitslosenquote...
Persistent link: https://www.econbiz.de/10011341116
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German construction industry: Refurbishment lacks momentum, new residential construction gets second wind
Gornig, Martin; Kaiser, Christian; Michelsen, Claus - In: DIW Economic Bulletin 5 (2015) 49, pp. 639-648
The construction industry has been a key pillar of the German economy in recent years. New residential construction played a major part in this with the volume of new construction growing nominally by over 60 percent between 2010 and 2014. The development of construction work on existing...
Persistent link: https://www.econbiz.de/10011405444
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Bauwirtschaft: Sanierungsmaßnahmen ohne Schwung, Wohnungsneubau mit zweiter Luft
Gornig, Martin; Kaiser, Christian; Michelsen, Claus - In: DIW Wochenbericht 82 (2015) 49, pp. 1153-1162
Die Bauwirtschaft war in den vergangenen Jahren eine wichtige Stütze der deutschen Wirtschaft. Dazu hat vor allem der Wohnungsneubau beigetragen: Zwischen 2010 und 2014 ist das nominale Neubauvolumen um mehr als 60 Prozent gestiegen. Weniger dynamisch entwickelten sich die Baumaßnahmen an...
Persistent link: https://www.econbiz.de/10011405556
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Domestic demand drives German economy
Fichtner, Ferdinand; Baldi, Guido; Bremus, Franziska; … - In: DIW Economic Bulletin 5 (2015) 50/51, pp. 653-665
The German economy is expected to grow by 1.7 percent this year, and to maintain this pace in 2016 as well. The rate of growth should slow down slightly (to 1.5 percent) in 2017, but only because the number of working days will be lower due to the timing of public holidays. The global economy is...
Persistent link: https://www.econbiz.de/10011416893