This paper investigates the long run and short run relationships of monetary policy, inflation and economic growth in Pakistan using co-integration and causality analysis during the period 0f 1972-2010. A large number of empirical studies on the relationships of monetary policy and inflation are...

Angesichts der derzeit hohen Arbeitslosigkeit ist eine Lohnpolitik, die das Beschäftigungsziel nicht gefährdet, besonders dringlich. Mit welcher Rate sollten die Löhne wachsen? Der Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung gibt seine lohnpolitischen...

Mezzo Economics covers the area between the Micro and Macro Economics and the organizational approach of the economics of the integral economic communities, which are made of microeconomic entities. Mezzo Economics represents an organizational loop between the Macro economic system and Micro...

While there is a large body of research on the bank lending channel of monetary policy transmission and the distributional dependence of this transmission on bank characteristics, the asymmetric effect of bank capital on monetary policy-bank loan supply nexus has been ignored. To fill this void,...

This paper explores a possible sampling bias in field experiments through a unique combination of a large-scale field experiment on ethnic discrimination in the German rental housing market (N = 2,992 tested apartments) and data on the internet housing market where the apartments were sampled...

We study ethnic discrimination in the sharing economy using the example of online carpooling marketplaces. Based on a unique dataset of 16,624 real rides from Germany, we estimate the effects of drivers’ perceived name origins on the demand for rides. The results show sizable ethnic...

In this study we compare rates of discrimination across German-born applicants from thirty-five ethnic groups in which various racial and religious treatment groups are embedded, this study allows us to better distinguish taste and statistical sources of discrimination, and to assess the...

Previous studies have found that the labour market outcomes of Turkish minorities are slightly better in Germany than in the Netherlands. In this paper we test one of the explanations: differences in ethnic discrimination in hiring. We use a harmonised field experiment to test whether...

Das Kabinett hat den umstrittenen Gesetzentwurf zur Pkw-Maut im Dezember 2014 verabschiedet. Dabei wird eine Infrastrukturabgabe für die Straßenbenutzung erhoben und gleichzeitig eine Senkung der deutschen Kfz-Steuer in gleicher Höhe vorgenommen. Kritiker sehen hierin eine...