Auflistung Wirtschaftswissenschaftliche Fakultät nach Titel
Anzeige der Publikationen 1360-1379 von 1448
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2017-07-17Diskussionspapier(Un)expected Monetary Policy Shocks and Term Premia We analyze an estimated stochastic general equilibrium model that replicates key macroeconomic and financial stylized facts during the Great Moderation of 1983-2007. Our model predicts a sizeable and volatile nominal term ...
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2007-03-20DiskussionspapierUncertain Paternity, Mating Market Failure, and the Institution of Marriage This paper provides a first microeconomic foundation for the institution of marriage. Based on a model of reproduction, mating, and parental investment in children, we argue that marriage serves the purpose of attenuating ...
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2016-01-13DiskussionspapierUncertainty andEmployment Dynamics in theEuro Area and the US In this paper we investigate transmission and spillovers of local and foreign economic policy uncertainty shocks to unemployment in two largest economic regions in the world - the United States (US) and the Euro area (EA). ...
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2005-09-29BuchUncovered Interest Parity
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2005-10-17BuchUncovered Interest Rate Parity and Analysis of Monetary Convergence of Potential EMU Accession Countries This paper analyzes deviations from uncovered interest rate parity which are interpreted as indicator of the substitutability of currencies. Backward recursive statistical tests and error correction models are applied to ...
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2005-06-22DiskussionspapierUncovered Interest Rate Parity and the Expectations Hypothesis of the Term Structure A system of U.S. and euro area short- and long-term interest rates is analyzed. According to the expectations hypothesis of the term structure the interest rate spreads should be stationary and according to the uncovered ...
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2008-12-02DiskussionspapierUnderstanding West German Economic Growth in the 1950s We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence, structural change and institutional shake-up while minimizing the importance of the postwar shock. ...
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2000-11-01BuchUnemployment and Input Prices: A Fractional Cointegration Approach This paper examines the relationship between unemployment, real oil price and real interest rates in Canada. Instead of following the classical approach based on I(0) stationarity or I(1) cointegrating relationships, we ...
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2014-02-19DiskussionspapierUnemploymentbenefits extensions atthe zero lower boundon nominal interestrate In this paper we investigate the impact of the recent US unemployment benefits extension on the labor market dynamic when the nominal interest rate is held at the zero lower bound (ZLB). Using a New Keynesian model, our ...
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2010-01-07DiskussionspapierUniform confidence bands for pricing kernels Pricing kernels implicit in option prices play a key role in assessing the risk aversion over equity returns. We deal with nonparametric estimation of the pricing kernel (Empirical Pricing Kernel) given by the ratio of the ...
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2007-02-19DiskussionspapierUnion Wage Compression in a Right-to-Manage Model Trade unions are consistently found to compress the wage distribution. Moreover, unemployment affects in particular low-skilled workers. The present paper argues that an extended Right-to-Manage model can account for both ...
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2009-05-13DiskussionspapierUnionisation Structures, Productivity, and Firm Performance his paper studies how different unionisation structures affect firm productivity, firm performance, and consumer welfare in a monopolistic competition model with heterogeneous firms and free entry. While centralised ...
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2008-06-16DiskussionspapierUnionization, Stochastic Dominance, and Compression of the Wage Distribution This paper establishes theoretical and empirical linkages between union wage setting and the structure of the wage distribution. Theoretically, we identify conditions under which a right-to-manage model implies compression ...
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2005-10-17BuchUnit and Fractional Roots in the Presence of Abrupt Changes with an Application to the Brazilian Inflation Rate We analyse in this article the monthly structure of the Brazilian inflation rate by means of fractionally integrated techniques. This series is characterized by strong government interventions to bring inflation to a low ...
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1999-03-19BuchUnit Root Tests for Time Series with a Structural Break
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2001-01-26BuchUnit Root Tests for Time Series with Level Shifts
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2001-08-15BuchUnit Root Tests in the Presence of Innovational Outliers
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2005-10-07BuchUnobservable Effects in Structural Models of Business Performance Critiques of the concept of key success factors have raised objections both conceptually and methodologically. From the latter perspective, common research practice is criticized for neglecting the influence of firm-specific, ...
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2005-10-20BuchUnpaid Overtime in Germany
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2016-11-07DiskussionspapierUnraveling of Cooperation in Dynamic Collaboration We examine collaboration in a one-arm bandit problem in which the players' actions affect the distribution over future payoffs. The players need to exert costly effort both to enhance the value of a risky technology and ...