Discussion Papers
IWH Discussion Paper 10/2017 (togehter with Geraldine Dany-Knedlik) Abstract: We investigate drivers of Euro area inflation dynamics using a panel of regional Phillips curves and identify long-run inflation expectations by exploiting the crosssectional dimension of the data. Our approach simultaneously …
(together with Sushanta Mallick), IWH Discussion Paper 15/2015 Abstract: 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 …
Global Food Prices and Business Cycle Dynamics in an Emerging Market Economy Read more »
(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) Abstract: The economic and financial crisis that emerged in 2008 …
Do We Need New Modelling Approaches in Macroeconomics? Read more »
(together with Steven Devaney and Rainer Schulz), IWH Discussion Paper 15/2012 Abstract: 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, …
Efficiency in the UK Commercial Property Market: A Long-run Perspective Read more »
(together with Maike Irrek and Birgit Schultz), IWH Discussion Paper 11/2012 Abstract: 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 …