Showing 1 - 10 of 652
biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to … affect how people picture the future. This paper studies the role of public information dissemination, or publicity, in a …
Persistent link: https://www.econbiz.de/10010277212
innewohnende Unsicherheit, die Anpassungsflexibilität erforderlich macht. Ein möglicher Ansatz basiert auf dem No …
Persistent link: https://www.econbiz.de/10010420479
The European Central Bank's monetary policy addresses the euro-area average inflation rate. By setting conditions for the area as a whole it should ensure symmetric price adjustment. Indeed, consumer price inflation rates provide little evidence of asymmetric adjustment during 2009-11. Only...
Persistent link: https://www.econbiz.de/10010293589
Anpassung auf den Gütermärkten. Mit abnehmender Kapitalnutzungsdauer wird der für die aggregierte Nachfrage relevante …
Persistent link: https://www.econbiz.de/10010295733
Mankiw and Reis (2002) have proposed sticky information as an alternative to Calvo sticky prices in order to model the … model with sticky information and compare it to Calvo sticky prices, allowing also for dynamic inflation indexation as in …
Persistent link: https://www.econbiz.de/10010296476
This paper analyses the flexibility decision of firms. In particular we (a) ask whether the flexibility choice is influenced by market structure (concentration, market growth, ...), (b) compare the firms' actual choices with welfare maximising flexibility decisions (c) investigate the...
Persistent link: https://www.econbiz.de/10010297109
Fixed-term labour contracts were liberalised in Germany in order to raise the flexibility of the labour market. However, empirical studies using industry-level data find no significant effect of FTCs on employment adjustment. This paper investigates the impact of FTC employment on firms?...
Persistent link: https://www.econbiz.de/10010297794
Lending and borrowing interest rates are often slow to adjust to changing capital market conditions. This paper argues that national differences of the pass-through speed in the EU can be regarded as a retail-oriented indicator of financial integration. Based on an ECB database the speed of...
Persistent link: https://www.econbiz.de/10010298095
type of external employment adjustment and on the other hand we use this information separating between quits, layoffs …
Persistent link: https://www.econbiz.de/10010298715
Anpassung an den Klimawandel beitragen können. Es gibt zunächst einen Überblick zur Problematik des Klimawandels und über die … voraussichtlichen Schäden bzw. die Kosten der Anpassung. Die Autoren beschreiben sodann die Auswirkungen auf klimasensible … Wirtschaftsbereiche und skizzieren schließlich die Chancen, die sich für die Unternehmen aus der zukünftig notwendigen Anpassung in vielen …
Persistent link: https://www.econbiz.de/10010299927