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4 Results

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  • Publication Type

    • Working Paper (3)
    • Journal Article (1)
  • Research

    • Forecasting and Business Cycle Analysis (4)
    • Macroeconomic Research (4)
  • Experts

    • Hans-Werner Wohltmann (4)
    • Roland Winkler (4)
  • Publication Series

    • Kiel Working Papers (3)
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  • Experts: Hans-Werner Wohltmann
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  1. Working Paper

    Rational Expectations Models with Anticipated Shocks and Optimal Policy: A General Solution Method and a New Keynesian Example

    Kiel Working Papers
    04/2009
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    Hans-Werner Wohltmann, Roland Winkler

    The purpose of this paper is to show how to solve linear dynamic rational expectations models with anticipated shocks by using the generalized...

  2. Working Paper

    On the (de)stabilizing effects of news shocks

    Kiel Working Papers
    08/2009
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    Roland Winkler, Hans-Werner Wohltmann

    This paper analyzes the impacts of news shocks on macroeconomic volatility. Whereas anticipation amplifies volatility in any purely...

  3. Working Paper

    On the Non-Optimality of Information: An Analysis of the Welfare Effects of Anticipated Shocks in the New Keynesian Model

    Kiel Working Papers
    03/2009
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    Hans-Werner Wohltmann, Roland Winkler

    This paper compares the welfare effects of anticipated and unanticipated cost-push shocks within the canonical New Keynesian model with...

  4. Journal Article

    On the (de)stabilizing effects of news shocks

    Economic letters
    03/2012
    Roland Winkler, Hans-Werner Wohltmann

    This paper analyzes the impacts of news shocks on macroeconomic volatility. Whereas anticipation amplifies volatility in any purely...

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