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Monetary Policy, Parameter Uncertainty and Optimal Learning
Wieland, Volker - 1999
Since central banks have limited information concerning the transmission channel of monetary policy, they are faced with the difficult task of simultaneously controlling the policy target and estimating the impact of policy actions. A tradeoff between estimation and control arises because policy...
Persistent link: https://www.econbiz.de/10014178888
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Labor Market Effects of Economic Integration - The Impact of Re-Unification in German Border Regions
Rincke, Johannes; Buettner, Thiess - 2008
This paper exploits the significant reduction in impediments to labor mobility in the process of German re-unification in order to identify labor supply shocks in the West German labor market. The focus is on the quasi-experiment of the border removal in the regions situated at the German -...
Persistent link: https://www.econbiz.de/10014218727
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Zur Finanzierung der deutschen Einigung : eine optimal control-Analyse mit dem RWI- Konjunkturmodell
Heilemann, Ullrich - 1996
Persistent link: https://www.econbiz.de/10013396712
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Labor market effects of economic integration : the impact of re-unification in German border regions
Büttner, Thiess; Rincke, Johannes - 2004
Persistent link: https://www.econbiz.de/10002048605
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Modeling German unification in a disequilibrium framework
Winker, Peter; Smolny, Werner; Radowski, Daniel - 1999
Unification fundamentally changed the terms of quantitative macroeconomic analysis for Germany. Two main areas … concerned are data availability for the eastern part of Germany and structural changes within the behavioural equations after … Germany. The challenge is to handle the structural break in the time series and the economic model by applying a SUR estimator …
Persistent link: https://www.econbiz.de/10013428286
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The economics of density : evidence from the Berlin Wall ; conference paper
Ahlfeldt, Gabriel M.; Redding, Stephen; Sturm, Daniel; … - 2013
This paper develops a quantitative model of city structure to separate agglomeration forces, dispersion forces and fundamentals as determinants of location choices. The model remains tractable and amenable to empirical analysis because of stochastic shocks to worker productivity, which yield a...
Persistent link: https://www.econbiz.de/10010340607
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Modeling German unification in a disequilibrium framework
Winker, Peter; Smolny, Werner; Radowski, Daniel - 1999
Unification fundamentally changed the terms of quantitative macroeconomic analysis for Germany. Two main areas … concerned are data availability for the eastern part of Germany and structural changes within the behavioural equations after … Germany. The challenge is to handle the structural break in the time series and the economic model by applying a SUR estimator …
Persistent link: https://www.econbiz.de/10011443482
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Mentality matters : Thorstein Veblens "Regime of Status" und Max Webers "Protestantische Ethik" aus der Sicht des (radikalen) Konservativismus ; eine Anwendung auf die ökonomischen...
Lehmann-Waffenschmidt, Marco; Böhmer, Robert - 2003
'The Theory of the Leisure Class' (1899) seine Untersuchung auf den emulativen Statusvergleich in einer Gesellschaft. Vor …
Persistent link: https://www.econbiz.de/10010506637