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The impact of monetary instruments on shock absorption in EU-countries

Müller, Claudia; Buscher, Herbert S. - 1999

The main characteristic of the implementation of the European Monetary Union (EMU) is the transition from various national currencies to the Euro, the common European currency. A final fixing of the individual bilateral exchange rates of all European countries involved in the Monetary Union...

Persistent link: https://www.econbiz.de/10011442518

Time is money – how much money is time? : interest and inflation in competition law actions for damages

Bueren, Eckart; Hüschelrath, Kai; Veith, Tobias - 2014

several years until cartel victims obtain damages. Interest and inflation are thus two key drivers of adequate compensation … legal systems treat interest and inflation as part of competition law actions for damages, and, using real-world data from …

Persistent link: https://www.econbiz.de/10010233583

The British foreign exchange reserves puzzle

Hüfner, Felix - 2000

The British foreign exchange reserves decreased by 40 percent during the period August 1996-December 1999 although the Pound Sterling is considered a floating exchange rate since it left the EMS in 1992. Since changes in the level of foreign exchange reserves are usually taken as indicators for...

Persistent link: https://www.econbiz.de/10011445032

Exchange rate pass-through to consumer prices : a European perspective

Hüfner, Felix (contributor); Schröder, Michael (contributor) - 2002

Persistent link: https://www.econbiz.de/10001701674

Will the (German) NAIRU please stand up?

Franz, Wolfgang - 2003

" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical … is made to estimate a NAIRU for Germany based on conventional Phillips curves as well as on new approaches such as using …

Persistent link: https://www.econbiz.de/10011448601

Price indices for information and communication technology industries : an application to the German PC market

Moch, Dietmar - 2001

Inflation wird zu hoch ausgewiesen. Bei der Analyse der Preisentwicklung für PCs in Deutschland (bezogen auf den Direktmarkt … 1994 are used to construct price indices for personal computers in Germany. The use of hedonic methods allows to correct … substantially lower, thus overestimating computer prices and inflation. When the hedonic index for German computer prices is …

Persistent link: https://www.econbiz.de/10011445963

Is the view from the Eurotower purely European? : national divergence and ECB interest rate policy

Heinemann, Friedrich; Hüfner, Felix - 2002

The official view on ECB monetary policy claims that monetary decisions are based solely on average data for the euro zone and that diverging regional developments are disregarded. However, experience from other two tier central banks and theoretical considerations suggest that this official...

Persistent link: https://www.econbiz.de/10011447829

A comparison between the Fed and the ECB : Taylor rules

Ullrich, Katrin (contributor) - 2003

Persistent link: https://www.econbiz.de/10001761813

Financial sector-output dynamics in the euro area : non-linearities reconsidered

Schleer, Frauke; Semmler, Willi - 2014 - This version: January 2014

We analyze the feedback mechanisms between economic downturns and financial stress for several euro area countries. Our study employs newly constructed financial condition indices that incorporate banking variables extensively. We apply a non-linear Vector Smooth Transition Autoregressive...

Persistent link: https://www.econbiz.de/10010238376

Financial sector-output dynamics in the euro area : non-linearities reconsidered

Schleer, Frauke; Semmler, Willi - 2013

We analyze the feedback mechanisms between economic downturns and financial stress for euro area countries. Our study employs newly constructed financial condition indices that incorporate extensively banking variables. We apply a nonlinear Vector Smooth Transition Autoregressive (VSTAR) model...

Persistent link: https://www.econbiz.de/10009792964