Studie zu Dispozinsen / Ratenkrediten Aktenzeichen: 514-06.01-2810HS034 Laufzeit 8/2011 – 5/2012 - Zusammenfassung – In Deutschland verfügen etwa 80 Prozent der Haushalte über einen Dispositionskredit. Bei beträchtlicher Variation liegt der eingeräumte Kreditrahmen bei knapp dem 3-fachen...

This Technical Report documents the construction and coverage of the IWH European Real Estate Index (EREI). Since 2018, we have used machine-learning methods to collect monthly listings of residential real estate available for sale or rent in up to 20 European countries. The Technical Report...

Energy consumption in homes accounts for over 30 percent of annual Norwegian electricity consumption. The government has set targets to reduce energy consumption in the housing sector. Measures that can increase energy efficiency in the housing sector are both known and available, but they will...

Energy consumption in homes accounts for over 30 percent of annual Norwegian electricity consumption. The government has set targets to reduce energy consumption in the housing sector. Measures that can increase energy efficiency in the housing sector are both known and available, but they will...

This paper provides descriptive evidence for a housing Phillips curve in Norway, suggesting a negative relationship between the ratio of inventory-to-sales and subsequent house price growth in the market for existing homes. We show that the negative relationship between inventory-to-sales and...

This paper presents a framework for quantifying uncertainty around point forecasts for GDP, inflation and house prices in Norway. The framework combines quantile regressions using a broad set of uncertainty indicators with a skewed t-distribution, allowing for time-variation and asymmetry in the...

Motivated by alternative explanations of the financial crisis (e.g., Acharya and Richardson, 2010; Taylor, 2007), I study, first, repercussions between house price growth and household credit growth in Norway, and second, I analyse the impact of expansionary monetary policy on measures of bank...

Neither standard economic theory nor empirical studies provide an unequivocal answer to the question of the effect of changes in house prices on household consumption. Estimating this effect empirically is demanding because both house prices and consumption are influenced by a number of common...

In this paper, we estimate a potential output model for Finland using an unobserved component model. The model builds on a production function approach, and features price and wage Phillips curves, Okun’s law and several resource-utilization indicators. We show that incorporating...

Das vorliegende Handbuch soll einen Überblick über die Befragungen des ifo Instituts sowie die daraus resultierenden Konjunkturindikatoren und deren Verwendung für die Prognose volkswirtschaftlicher Kennzahlen liefern. Des Weiteren ist es als Interpretationshilfe für den Umgang mit den...