Kategorie: Diskussionspapiere

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

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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

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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

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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

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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

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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

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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

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