Dieses Lehrbuch liefert eine systematische Einführung in die Makroökonomik. Zunächst werden die makroökonomische Analysetechnik und die Volkswirtschaftliche Gesamtrechnung vorgestellt sowie elementare formale Methoden erläutert. Anschließend wird die Technik der makroökonomischen...

Forecasts of macroeconomic variables as the inflation rate serve as important guidelines for the private as well as the public sector. At least central banks that adopted an inflation targeting regime are in urgent need of high quality inflation forecasts. Accurate inflation forecasts are also...

This note focuses on the role of the planning horizon in monetary policy games. We analyze the case of an uncertain horizon of the monetary policy game that has not been considered, yet. In addition to that we will - different from the basic Barro-Gordon-model - assume a quadratic loss function...

Neben dem allgemeinen Verständnis der Materie der Volkswirtschaftslehre dient dieses Übungsbuch auch zur Prüfungsvorbereitung. Bei den einzelnen Kapiteln wurde ein Schwerpunkt auf die formale Analyse gelegt. Jedes Kapitel endet mit einer kurzen Literaturempfehlung für eine vertiefte...

In this paper we present three simple theoretical models to explain the influence of the possibility to make non-binding announcements on investment behaviour in public goods settings. Our models build on the idea that voluntary contributions to the supply of a public good might be motivated by...

According to the game-theoretic model of monetary policy, inflation is the consequence of time-inconsistent behavior of the monetary authority. The inflation bias can be eased by handing over the responsibility for monetary policy to an independent central bank and appointing a...

In this paper we present three simple theoretical models to explain the influence of the possibility to make non-binding announcements on future investment behaviour in public good settings. Our models build on the idea that voluntary contributions to the supply of a public good might be...