This thesis investigates the consequences of model uncertainty and persistence in consumption habits and price-setting behaviour in a New Keynesian model.As the decision of a central bank is made in an uncertain environment, the analysis of uncertainty is essential in monetary policy models. In...

This thesis shows that women's labour market participation, macroeconomic growth and family policies are closely linked to each other. Whereas there exists clear theoretical and empirical evidence that female labour market participation unambiguously promotes GDP growth, the inverse impact of...

nicht vorhanden

This volume was prepared by Benedikt Heid while he was working at the ifo Institute and the University of Bayreuth. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the Ludwig-Maximilians-Universität München. It includes six self-contained...