Showing 1 - 10 of 57
Persistent link: https://www.econbiz.de/10003940020
Persistent link: https://www.econbiz.de/10001192754
Persistent link: https://www.econbiz.de/10000934581
Persistent link: https://www.econbiz.de/10002435979
Persistent link: https://www.econbiz.de/10003676451
Persistent link: https://www.econbiz.de/10003666930
We shed new light on the negative relationship between real stock returns or real interest rates and (i) ex post inflation, (ii) expected inflation, (iii) unexpected inflation and (iv) changes in expected inflation. Using the structural vector autoregression methodology, we propose a...
Persistent link: https://www.econbiz.de/10011570222
Persistent link: https://www.econbiz.de/10001620834
Using quarterly data for the Federal Republic of Germany, we generate four-quarter-ahead forecasts for real GDP growth. Throughout the seventies and eighties, real M1 is still the best predictor. It clearly outperforms interest rate-based forecasts, and within this group short-run interest rates...
Persistent link: https://www.econbiz.de/10014212154