Showing 1 - 10 of 16,476
This study analyzes the exchange rate pass-through into German import prices based on disaggregated data taken on a monthly basis between 1995 and 2012. Our main contribution is twofold: firstly, we employ various time-series techniques to analyze data for different product categories, and also...
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We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic's hyperinflation and three high-inflation countries. Towards the peak of Weimar's hyperinflation the costs are estimated to have been equal to nearly 20 per cent of income. For Israel,...
Persistent link: https://www.econbiz.de/10014494959
Using a large administrative dataset for Germany, this paper compares employment developments in exiting and surviving … establishments. For both West and East Germany we find a clear 'shadow of death' effect reflecting lingering illness: establishments … are more clearly visible in West than in East Germany. Our results also hold when applying a matching approach. …
Persistent link: https://www.econbiz.de/10010312020
This study uses the hedonic approach to measure the amenity value of climate in Germany. Unlike in earlier research … what theory would predict. Throughout Germany house prices are higher in areas with higher January temperatures, lower July … temperatures and lower January precipitation. In East Germany wages are higher in areas with higher January precipitation. The full …
Persistent link: https://www.econbiz.de/10010312663
evidence from Germany. Drawing upon event history data from the German Federal Labour Office insurance accounts and employing …
Persistent link: https://www.econbiz.de/10010318115
We analyze the interaction of stock market movements and politics in Germany. In contrast to the empirical evidence …
Persistent link: https://www.econbiz.de/10010260493
I use a time-varying parameter model in order to study the predictability of monthly real stock returns in Germany over …
Persistent link: https://www.econbiz.de/10010260497
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 … in Germany reflects good economic and monetary policy or merely ?good luck?. …
Persistent link: https://www.econbiz.de/10010260526