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analyze what macroeconomic shocks affect the soundness of the German banking system. Design/methodology/approach – The paper … draws on a micro‐macro stress‐testing framework for the German banking system in which macroeconomic and bank‐specific data … macroeconomic variables and an indicator of stress in the banking system. To this end, the sign‐restriction approach is applied …
Persistent link: https://www.econbiz.de/10014866824
analyze what macroeconomic shocks affect the soundness of the German banking system. Design/methodology/approach – The paper … draws on a micro-macro stress-testing framework for the German banking system in which macroeconomic and bank-specific data … macroeconomic variables and an indicator of stress in the banking system. To this end, the sign-restriction approach is applied …
Persistent link: https://www.econbiz.de/10008483748
We consider the cyclical properties of the German economy prior and after reunification in 1990 from the perspective of a real business cycle model. The model provides the framework for the selection and consistent measurement of the variables whose time series properties characterize the cycle....
Persistent link: https://www.econbiz.de/10010375297
We consider the cyclical properties of the German economy prior and after reunification in 1990 from the perspective of a real business cycle model. The model provides the framework for the selection and consistent measurement of the variables whose time series properties characterize the cycle....
Persistent link: https://www.econbiz.de/10010344497
This paper elaborates on the relative importance of sectoral shocks for real economic activity in Germany. Implications of multisectoral real business cycle models are examined by resorting to testing techniques based on stock market returns. The empirical evidence is obtained by calculating...
Persistent link: https://www.econbiz.de/10011476130
Persistent link: https://www.econbiz.de/10008841735
Persistent link: https://www.econbiz.de/10012197743
Persistent link: https://www.econbiz.de/10012597816
The German minimum wage was introduced in January 2015. This paper investigates the short-term macroeconomic impacts of its introduction. Therefore, an estimated VAR/VECM is used to perform forecasts that are interpreted as counterfactual to the introduction of the minimum wage and compared to...
Persistent link: https://www.econbiz.de/10012140627
L’Allemagne, la Belgique, la Commission Européenne, la France, les Pays-Bas, le Royaume-Uni et la Suède se sont associés pour mener une évaluation conjointe de leur coopération avec le Burundi sur la période 2005-2011. L’évaluation conjointe analyse les résultats d'efforts conjugués...
Persistent link: https://www.econbiz.de/10011799349