rates at a given future date triggers a reduction in exchange rate volatility during the interim period. Using a Markov …-switching GARCH model this paper estimates the volatility processes of four EMU exchange rate returns vis-?-vis the German mark using … evidence for two distinct views concerning the ultimate EMU membership: (1) Finland and France were considered irrefutable EMU …

for Germany, i.e. the ifo Business Climate Index and the ZEW Indicator of Economic Sentiment. From the methodological …. Announcements of both institutes are also clearly and immediately reflected in the volatility, which remains at a significantly … higher level for approximately two minutes slightly elevated for approximately 15 minutes. Combining returns and volatility …

composition of parent-child time varies across countries with different welfare regimes: Finland, Germany and the United States … von Eltern-Kind Zeiten in unterschiedlichen Ländern mit differenten Wohlfahrtsregimes variiert: Finnland, Deutschland und …

In this paper we analyze exemplarily the volatility of the internal rates of return of the German pension system over …-benefit policy. Based on the actual data, our resultsshow the volatility of the internal rate of return to be significantly …

Information flows across international financial markets typically occur within hours, making volatility spillover … appear contemporaneous in daily data. Such simultaneous transmission of variances is featured by the stochastic volatility … solved by considering heteroscedasticity of the structural volatility innovations, and estimation takes place in an …

structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the …Stylized facts suggest that output volatility in OECD countries has declined in recent years. However, the causes and …

different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal … demand system, we estimate input and profit demand functions to obtain proxies for expected return and risk. Efficiency is … then measured in this risk-return space. Mean risk-return efficiency is somewhat higher than cost and considerably higher …

of the United States, Canada and Germany to data risks posed by popular apps such as FaceApp, Facebook, Strava, TikTok … countries in which they live) at risk. …

Zentrale Maßnahmen zur Überwindung der Bankenkrisen der 90er Jahre in Schweden und Finnland waren in beiden Ländern der …

Union. In the Northern periphery of the EU, the different monetary regime choices of Finland and Sweden have created a … fared somewhat better than Finland in the EMU period. We assess the effects of the regime choice by simulating the behaviour … global shock on Sweden. The different monetary regimes cannot, however, explain the growth gap between Sweden and Finland …