Inhalts}bersicht: Einige elementare Õberlegungen. - Das Marktgleichgewicht f}r ein Gut. - Volkswirtschaftliche Gesamtrechnung. - Das Grundmodell der Besch{ftigungstheorie: Allgemeine Õberlegungen. - Arbeitsmarkt. - G}termarkt. - Geldmarkt. - Das Grundmodell der Besch{ftigungstheorie: Spezielle...

At the beginning of 1999 the euro was launched as a common currency in 11 European countries. This paper addresses empirically the medium to long-term forces driving the real euro-dollar exchange rate. Constructing a synthetic euro-dollar exchange rate over a period from 1975 to 1998 and...

The present paper presents three different short-term oil models on a weekly basis. With these models we try to forecast oil prices out-of-sample up to three months. Two of the models are based on the VAR methodology and consider fundamental factors like the net long position and oil...