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This paper investigates the effects of media coverage and macroeconomic conditions on inflation forecast disagreement of German households and professional forecasters. We adopt a Bayesian learning model in which media coverage of inflation affects forecast disagreement by influencing...
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This paper analyses the recession in 2008/2009 in Germany, which is very different from previous recessions, in …Dieser Beitrag untersucht die Rezession der Jahre 2008/2009 in Deutschland. Diese Rezession hebt sich in ihrer Ursache …
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