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The Price Puzzle Revisited : Can the Cost Channel Explain a Rise in Inflation after a Monetary Policy Shock?

Henzel, Steffen - 2013

This paper explores whether the cost channel solves the price puzzle. We set-up a New Keynesian DSGE model and estimate it for the euro area by adopting a minimum distance approach. Our findings suggest that - under certain parameter restrictions which are not rejected by the data - the cost...

Persistent link: https://www.econbiz.de/10012753889

Money demand in Europe : [the workshop was organized at the Humboldt University in Berlin on October 10/11, 1977]

Lütkepohl, Helmut (ed.); Wolters, Jürgen (contributor) - 1999

The volume gives an overview of money demand analysis in Europe in the eve of the introduction of the Euro in some European countries. It contributes to the discussion on a suitable monetary policy for the new European Central Ban¤k. The alternative strategies under discussion are a direct...

Persistent link: https://www.econbiz.de/10000681816

Internationale Innovationsdynamik, Spezialisierung und Wirtschaftswachstum in der EU

Jungmittag, Andre (contributor) - 2006

-- Innovationsdynamik in der EU: Konvergenz oder Divergenz? -- Die Entwicklung der technologischen und wirtschaftlichen Spezialisierungen … der EU-Staaten -- Der Beitrag von Innovationen und Spezialisierung zu Wirtschaftswachstum und Konvergenz in der EU … Spezialisierungen und den Wirtschaftswachstums- und Produktivitätsentwicklungen für die EU15-Staaten theoretisch und empirisch …

Persistent link: https://www.econbiz.de/10014014168

Economic Growth in the Regions of Europe : Theory and Empirical Evidence from a Spatial Growth Model

Sardadvar, Sascha - 2011

1 Introduction -- Part I: Theory of Economic Growth -- 2 Neoclassical Growth Theory and Standard Models -- 3 Growth Models with Spatial Externalities -- 4 Convergence: Theory and Evidence -- Part II: A Model of Regional Growth -- 5 Remarks on Regional Growth -- 6 Structure of the Model -- 7...

Persistent link: https://www.econbiz.de/10014015240

Interest Rates, Exchange Rates and World Monetary Policy

Floyd, John E. - 2010

A Theoretical Framework -- Specifications and Assumptions -- Underlying Equilibrium Growth Paths -- Variations in Employment -- Some Important Implications -- Exchange Rate Overshooting -- Exchange Rate Determination -- Issues Regarding Exchange Rate Determination -- Time Series Properties of...

Persistent link: https://www.econbiz.de/10013521314

The ZEW Financial Market Survey panel

Brückbauer, Frank; Schröder, Michael - In: Jahrbücher für Nationalökonomie und Statistik 243 (2023) 3/4, pp. 451-469

The ZEW Financial Market Survey is a monthly panel survey among financial market experts that was launched in December 1991. The survey focuses on the experts' expectations about international financial markets and macroeconomic developments. We describe the ZEW Financial Market Survey and the...

Persistent link: https://www.econbiz.de/10014514114