Showing 1 - 10 of 200
This paper assesses the accuracy of individuals' expectations of their financial circumstances, as reported in the British Household Panel Survey, as predictors of outcomes and identifies what factors influence their reliability. As the data are qualitative bivariate ordered probit models,...
Persistent link: https://www.econbiz.de/10005083216
The Panel on Household Finances (PHF) is a new panel survey on household finances and wealth in Germany conducted by …, together with some information on consumption patterns, attitudes, expectations and standard demographic characteristics. This … Consumption Survey (HFCS). This system of surveys collects ex ante harmonised micro data in every country of the euro area. …
Persistent link: https://www.econbiz.de/10010957153
This paper examines the relation between money and housing variables in the euro area and in the US. Our empirical model is based on a standard money demand relation which is augmented by housing market variables. In doing so, co-integrated money demand relationships can be established for both...
Persistent link: https://www.econbiz.de/10005083291
Persistent link: https://www.econbiz.de/10000000579
In February 1998 a work was published in the series of discussion papers produced by the Bundesbank which was concemed with problems of measuring inflation in Gerrnany. This paper met with a lively response. The Research Group of the Bundesbank therefore staged a workshop on this subject at...
Persistent link: https://www.econbiz.de/10010478854
This paper proposes a new framework for studying the effects of monetary policy on business investment. Important ambiguities with the modeling of investment dynamics and interactions between real and financial decisions suggest modeling investment spending as a VAR. Based on a panel of...
Persistent link: https://www.econbiz.de/10005083170
Persistent link: https://www.econbiz.de/10000537353