Economists typically make simplifying assumptions to make the solution and estimation of their highly complex models feasible. These simplifications include approximating the true nonlinear dynamics of the model, disregarding aggregate uncertainty or assuming that all agents are identical. While...

The workshop provides a platform to discuss new developments in the field of empirical and applied macroeconomic modelling and aims at bringing together academic researchers and practitioners. We invite applied and theoretical papers dealing with time series and broad macroeconomic topics....

Am 29.09.2022 hat die Projektgruppe Gemeinschaftsdiagnose der führenden deutschen Wirtschaftsforschungsinstitute ihr Herbstgutachten über die Entwicklung der Weltwirtschaft und der deutschen Wirtschaft vorgelegt. Mit dem Titel „Energiekrise: Inflation, Rezession, Wohlstandsverlust“...

We provide evidence for a causal link between the US economy and the global financial cycle. Using a unique intraday dataset, we show that US macroeconomic news releases have large and significant effects on global risky asset prices. Stock price indexes of 27 countries, the VIX, and commodity...

The workshop provides a platform to discuss new developments in the field of empirical and applied macroeconomic modelling and aims at bringing together academic researchers and practitioners. We invite applied and theoretical papers dealing with time series, business cycles, economic...