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We estimate the effects of monetary policy on price-setting behavior in administrative micro data underlying the German producer price index. After expansionary monetary policy, the increase in the frequency of price change is economically small, the average absolute size across all price...
Persistent link: https://www.econbiz.de/10012421507
What is the role of heterogenous house-price expectations for boom-bust cycles in the housing market? We exploit a unique Dutch panel data set on households' house price expectations and their consumption, savings and housing choices for the period 2003-2016. This period was characterized by a...
Persistent link: https://www.econbiz.de/10012265571
The interaction of inequality and growth and the direction of causality in this relationship have been an extensively discussed topic with several questions but without clear answers both in the theoretical and empirical literature. The current paper contributes mainly into the new economic...
Persistent link: https://www.econbiz.de/10011575247
Romania is a country with a high production potential for the vegetables and fruits, due in particular to the high natural fertility of soils and to the climate diversity. Besides the favorable conditions for the production of fruits and vegetables, it should be mentioned that Romania is a...
Persistent link: https://www.econbiz.de/10012058733