Showing 1 - 10 of 32
Persistent link: https://www.econbiz.de/10010226518
Die Finanzmarktkrise ging weltweit mit einem Rückgang der Aktienkurse einher. Sind diese niedrigen Aktien-Bewertungen als Überreaktion mit der Aussicht auf baldige Korrektur zu bewerten? Oder bringen sie realistische Erwartungen einer schwächeren Entwicklung börsennotierter deutscher...
Persistent link: https://www.econbiz.de/10009616713
Abstract In the coalition agreement from February 7, 2018, the new German federal government drafts its public pension policy, which has to be evaluated against the background of demographic dynamics in Germany. In this paper, the consequences of public pensions related policy measures for the...
Persistent link: https://www.econbiz.de/10014630902
Summary This paper contributes to the analysis of the money supply process in Germany during the period of monetary targeting by the Bundesbank from 1975-1998. While the standard money multiplier approach assumes that the money stock is determined by the money multiplier and the monetary base it...
Persistent link: https://www.econbiz.de/10014608936
Zusammenfassung In dieser Studie wird untersucht, ob die Preisentwicklung auf Rohstoffmärkten statistische Anhaltspunkte für spekulative Preisblasen liefert. Diese Frage ist von zentraler Bedeutung in der wirtschaftspolitischen Debatte um die Regulierung des Handels von Rohstoffen. Es kann...
Persistent link: https://www.econbiz.de/10014617315
Persistent link: https://www.econbiz.de/10005382506
The introduction of the Euro has been accompanied by the hope that international competition between EMU member states would increase due to higher price transparency. This paper contributes to the literature by analyzing price elasticities in international trade flows between Germany and France...
Persistent link: https://www.econbiz.de/10010990140
In this paper we develop an open economy model explaining the joint determination of output, inflation, interest rates, unemployment and the exchange rate in a multi-country framework. Our model—the Halle Economic Projection Model (HEPM)—is closely related to studies published by Carabenciov...
Persistent link: https://www.econbiz.de/10011048681
Based on 69 sample countries, this paper examines the effect of macroeconomic fundamentals on real effective exchange rates (REER) in these sample countries. Using the misalignment of actual REER from its equilibrium level, we have estimated the factors explaining the extent of currency over- or...
Persistent link: https://www.econbiz.de/10011048948
Persistent link: https://www.econbiz.de/10011001043