Kategorie: Diskussionspapiere


Sovereign Stress, Banking Stress, and the Monetary Transmission Mechanism in the Euro Area

IWH Discussion Paper 3/2018 (zusammen mit Jan-Christopher Scherer) Zusammenfassung: In this paper, we investigate to what extend sovereign stress and banking stress have contributed to this increase in the level and in the heterogeneity of nonfinancial firms’ refinancing costs in

Getagged mit: ,

Employment Effects of Introducing a Minimum Wage: The Case of Germany

IWH Discussion Paper 28/2017 (zusammen mit Felix Pohle) Zusammenfassung: This paper contributes to the empirical literature on the employment effects of minimum wages. We analysed the introduction of a statutory minimum wage in Germany in 2015 exploiting cross-sectional variation of

Getagged mit: , ,

Inflation Dynamics During the Financial Crisis in Europe: Cross-sectional Identification of Long-run Inflation Expectations

IWH Discussion Paper 10/2017 (togehter with Geraldine Dany-Knedlik) Zusammenfassung: We investigate drivers of Euro area inflation dynamics using a panel of regional Phillips curves and identify long-run inflation expectations by exploiting the cross-sectional dimension of the data. Our approach simultaneously

Getagged mit: , ,

Global Food Prices and Business Cycle Dynamics in an Emerging Market Economy

(together with Sushanta Mallick), IWH Discussion Paper 15/2015 Zusammenfassung: This paper investigates a perception in the political debates as to what extent poor countries are affected by price movements in the global commodity markets. To test this perception, we use

Getagged mit: , , ,

Do We Need New Modelling Approaches in Macroeconomics?

(together with Claudia M. Buch), in: Nowotny, E, Ritzberger-Grünwald, D., Backé, P.: Financial Cycles and the Real Economy. Lessons for CESEE Countries, Edward Elgar, 2014 (and: IWH Discussion Paper 8/2014) Zusammenfassung: The economic and financial crisis that emerged in 2008

Getagged mit: ,

Mit administrierten Löhnen Armut bekämpfen? – Warum die Debatte um den Mindestlohn in Deutschland verfehlt ist

(mit Ingo Pies), Diskussionspapier 2014-4 des Lehrstuhls für Wirtschaftsethik an der Martin-Luther-Universität Halle-Wittenberg, Halle, 2014 Zusammenfassung: Die öffentliche Auseinandersetzung um den Mindestlohn in Deutschland ist von einem Diskursversagen geprägt. Gestritten wird um faire Löhne und gute Arbeit. Dass dabei die

Getagged mit: , , ,

Efficiency in the UK Commercial Property Market: A Long-run Perspective

(together with Steven Devaney and Rainer Schulz), IWH Discussion Paper 15/2012 Zusammenfassung: Informationally efficient prices are a necessary requirement for optimal resource allocation in the real estate market. Prices are informationally efficient if they reflect buildings’ benefit to marginal buyers,

A Federal Long-run Projection Model for Germany

(together with Maike Irrek and Birgit Schultz), IWH Discussion Paper 11/2012 Zusammenfassung: Many economic decisions implicitly or explicitly rely on a projection of the medium- or long-term economic development of a country or region. In this paper, we provide a

Getagged mit: , , ,