Rational partisan theory of political business cycles suggests differences in inflation under left-wing and right-wing governments. It also suggests temporary post-electoral booms after election of left-wing governments and temporary recessions after election of right-wing ones. However, the...

Standortentscheidungen von Unternehmen kommt vor allem aufgrund ihrer Bedeutung für die regionale Beschäftigungsentwicklung eine hohe Bedeutung zu. Eine Region kann im Standortwettbewerb nur bestehen, wenn sie für Unternehmen attraktive Standortbedingungen bietet. Im Rahmen des vorliegenden...

Most empirical studies found that monetary policy has a significant effect on house prices while stock markets remain unaffected by interest rate shocks. In this paper we conduct a more detailed analysis by studying various sub-segments of the real estate market. Employing a new dataset for...

Most empirical studies found that monetary policy has a significant effect on house prices while stock markets remain unaffected by interest rate shocks. In this paper we conduct a more detailed analysis by studying various sub-segments of the real estate market. Employing a new dataset for...