Das Projekt analysiert die Preiswirkungen der Mehrwertsteuersenkung im Juli 2020 sowie die der entsprechenden Anhebung im Januar 2021 im Rahmen des Konjunkturpakets der Bundesregierung im Zuge der Corona-Pandemie. Die Untersuchung basiert auf Scannerdaten der GfK, die Informationen über die...

In this paper, we consider new bifurcation phenomena in a class of stochastic dynamic macroeconometric models as represented by the stochastic model developed by Leeper and Sims (1994). This model serves as a prototype that could be suitable for monetary policy analysis although the complexity...

I use the automated search algorithm to address practical issues that arise in estimating income and price elasticities for U.S. trade in services: specification of dynamics, specification of the search strategy, simultaneity biases, and aggregation biases. Specifically, starting from a general,...