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increase in the VAT is over-proportionally reflected in prices, although the costs of the concerned producers increase only …
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This thesis was written by Jakob Eberl while having been a research assistant at the Center for Economic Studies (CES) at the University of Munich. It was completed in December 2015 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in May 2016. The...
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, monetary policy and exchange rate determination, and measuring monetary policy expectations from asset prices. In the first … target rates from the OIS prices to predict the outcome of monetary policy meetings around the world. In the US, a randomly …
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