Narrow search
Showing 1 - 10 of 4,012
Cover Image
Consumption, wealth and business cycles: why is Germany different?
Hamburg, Britta; Hoffmann, Mathias; Keller, Joachim - 2005
This paper studies the long-run relationship between consumption, asset wealth and income - the consumption-wealth ratio - in Germany, based on data from 1980 to 2003. Earlier papers for the Anglo-Saxon economies have documented that departures of these three variables from their common trend...
Persistent link: https://www.econbiz.de/10010295684
Cover Image
Consumption, wealth and business cycles in Germany
Hamburg, Britta; Hoffmann, Mathias; Keller, Joachim - 2005
This paper studies the long-run relationship between consumption, asset wealth and income in Germany, based on data from 1980 to 2003. While earlier studies – mostly for the Anglo- Saxon economies – have generally documented that departures of these three variables from their common trend...
Persistent link: https://www.econbiz.de/10010261168
Cover Image
Consumption, Wealth and Business Cycles : Why is Germany Different?
Hamburg, Britta - 2016
Persistent link: https://www.econbiz.de/10012991319
Cover Image
Finance-dominated capitalism in crisis : the case for a Global Keynesian New Deal
Hein, Eckhard; Truger, Achim - 2010
We analyse the long-run imbalances of finance-dominated capitalism underlying the present crisis - which began in 2007 - with a focus on developments in the US and Germany. We argue that beyond inefficient regulation of the financial sector, the severeness of the present crisis has been mainly...
Persistent link: https://www.econbiz.de/10009549800
Cover Image
Forecasting private consumption by consumer surveys
Dreger, Christian; Kholodilin, Konstantin - 2010
Survey-based indicators such as the consumer confidence are widely seen as leading indicators for economic activity, especially for the future path of private consumption. Although they receive high attention in the media, their forecasting power appears to be very limited. Therefore, this paper...
Persistent link: https://www.econbiz.de/10010285747
Cover Image
Animal spirits, the stock market, and the unemployment rate : some evidence for German data
Fritsche, Ulrich; Pierdzioch, Christian - 2016 - First version: January 2016
Models recently studied by Farmer (2012, 2013, 2015) predict that, due to labor-market frictions and "animal spirits", stock-market fluctuations should Granger cause fluctuations of the unemployment rate. We performed several Granger-causality tests on more than half a century of data of German...
Persistent link: https://www.econbiz.de/10011415821
Cover Image
More than a feeling : confidence, uncertainty and macroeconomic fluctuations
Nowzohour, Laura; Stracca, Livio - 2017
Economists, observers and policy-makers often emphasize the role of sentiment as a potential driver of the business cycle. In this paper we provide three contributions to this debate. First, we critically survey the existing literature on sentiment (considering both confidence and uncertainty)...
Persistent link: https://www.econbiz.de/10011719915
Cover Image
Trust and control at the workplace: evidence from representative samples of employees in Europe
Grund, Christian; Harbring, Christine - 2009
performance appraisal systems, monitoring by supervisors, autonomy to organize the work) and individuals' inclination to trust … others. Trust is measured by the general trust question like in most other economic studies based on surveys. We find that … negatively related to trust. Moreover, we contribute to the literature on trust by gathering hints to other potential …
Persistent link: https://www.econbiz.de/10010269411
Cover Image
Determinants of Bank-Level Deposit Volatility : Evidence from the German Banking System
Streit, Daniel - 2016
This study reviews the existing literature on the determinants of bank-level deposit volatility and is the first to provide empirical evidence for the German banking system by analyzing a large set of confidential micro-data from 2,262 banks over the period from 2003 to 2015. Taking advantage of...
Persistent link: https://www.econbiz.de/10012980154
Cover Image
The Housing Market, Household Portfolios and the German Consumer
Geiger, Felix - 2016
House price booms in Anglo-Saxon economies and their collapse were an important part of the financial accelerator via consumption, construction and the banking system. This paper examines links for Germany between household portfolios, income and consumption in a six-equation system, for...
Persistent link: https://www.econbiz.de/10012988889