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Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011507659
, Germany, Italy, the Netherlands, Sweden, Switzerland and the UK. Exploiting within-country variation, we show that a one …-March until mid-May. Using Italy as a case study, we find that high-social-capital areas exhibit lower excess mortality and a …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012226751
dropped on average by -55% in the US and -45% in Germany from the onset of the crisis to the summer of 2021. In the US …, schools were closed longer in richer than in poorer areas, while in Germany the regional variation is much smaller. However …, Germany exhibited substantial variation by grade level, with a strong U-shaped patterns that implies that children attending …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013177101
of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10003771831
We investigate the employment consequences of deindustrialization for 1,993 cities in France, Germany, Great Britain …, Italy, Japan, and the United States. In all six countries we find a strong negative relationship between a city's share of …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014444059
The real exchange rate - real interest rate (RERI) relationship is central to most open economy macroeconomic models. However, empirical support for the relationship, especially when cointegrationbased methods are used, is rather weak. In this paper we reinvestigate the RERI relationship using...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011506475
, this will be illustrated for the cases of France, Germany, Italy, Japan, Sweden, the UK, and the US. The results are based …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011514127
to the fit. Using data for the United States, the euro area and Germany, we assess the performance of boosting when …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009721997
This paper identifies which investments in school facilities help students and are valued by homeowners. Using novel … data on school district bonds, test scores, and house prices for 29 U.S. states and a research design that exploits close … elections with staggered timing, we show that increased school capital spending raises test scores and house prices on average …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014452375
determinant of international differences in student performance. Results are supported by fixed-effects estimation that uses …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010462634