For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with possible adverse effects to the real economy. To get insights into the size of the bubble, the house price evolution is...

For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with possible adverse effects to the real economy. To get insights into the size of the bubble, the house price evolution is...

For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with pos-sible adverse effects to the real economy. To get insights into the size of the bubble, the house price evolution is...

For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with possible adverse effects to the real economy. For example, the stock of loans increased by more than 50 percent since the end of...

Zusammenfassung Die vorliegende Arbeit untersucht die Entwicklung der Unternehmensinvestitionen in der Bundesrepublik Deutschland für den Zeitraum von 1968 bis 1989 auf der Basis von nicht saisonbereinigten Quartalsdaten. Dabei wird die Technik der saisonalen Kointegration im Rahmen eines...

We examine the validity of real interest parity as a long run condition for the G7 countries. If real interest parity holds, differences of real interest rates are stationary. This is investigated by the means of conventional and panel unit root tests, where heterogeneity and contemporaneous...