We examine whether regionally differentiated macroprudential policies can address financial stability concerns and moderate house price differences in the UK. We disaggregate both the household sector and the housing stock in a two-region DSGE model with out of sync subnational housing markets...

In view of regional house prices drifting apart, we examine whether regionally differentiated macroprudential policies can address financial stability concerns and moderate house price differences. To this end, we disaggregate both the household sector and the housing stock in a two-region DSGE...

We analyse the effects of macroprudential and monetary policies and their interactions using an estimated dynamic stochastic general equilibrium (DSGE) model tailored to New Zealand. We find that the main historical drivers of house prices are shocks specific to the housing sector. While our...

The paper sheds light on the interplay between monetary policy, the commercial banking sector and the shadow banking sector in mainland China by means of a nonlinear stochastic general equilibrium (DSGE) model with occasionally binding constraints. In particular, we analyze the impacts of...

The semiconductor industry stands at the center of the intensifying Sino-American trade conflict. Employing a multi-country, multi-sector general equilibrium modeling framework with imperfect competition and heterogeneous firms, we perform qualitative and quantitative analyses of protectionist...

In light of the recent tit‐for‐tat trade dispute between China and the US, interest in quantifying the effects of the so‐called Phase One agreement has risen. To this end, this paper quantifies the impact of the asymmetric managed trade agreement using such a multi‐country open‐economy...

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the so-called phase one agreement has risen. To this end, the paper quantifies the impact of the asymmetric managed trade agreement using a multi-country open-economy dynamic general...

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the so-called phase one agreement has risen. To this end, the paper quantifies the impact of the asymmetric managed trade agreement using such a multi-country open-economy dynamic...

Following Russia's invasion of Ukraine in February 2022, the US, EU, and likeminded countries swiftly imposed an expanded set of primary and secondary export restrictions on Russia. This paper assesses the effectiveness of those measures and their ongoing refinement and modification over time...

Das Ziel der vorliegenden Studie ist es, die Auswirkungen von Änderungen in den Energiepreisen auf Österreichs Exportwirtschaft empirisch und theoretisch zu untersuchen. Dabei umfasst das Forschungsdesign sowohl quantitative als auch qualitative Ansätze. Der Endbericht fasst die Ergebnisse...