Farmer and Wendner [Farmer, K., Wendner R., 2004. Dynamic multi-sector CGE modeling and the specification of capital. Structural...

Output gap estimates at the current edge are subject to severe revisions. This study analyzes whether monetary aggregates can be used...

Releases of GDP data undergo a series of revisions over time. These revisions have an impact on the results of macroeconometric models...

In einer Regressionsanalyse werden mögliche Determinanten kommunaler Verschuldung untersucht. Von erheblicher Bedeutung sind die...

Considering latent heterogeneity is of special importance in non-linear models in order to gauge correctly the effect of explanatory...

We analyze unemployment dynamics for Germany on a regional basis by means of an approximate factor model. We first estimate the number...

Despite the single currency, yields on government bonds in the Euro Area deviate from German bond yields. These bond spreads are...

The dates of U.S. business cycle are reported by NBER with a considerable delay, so an early notion of turning points is of particular...

Using Bayesian methods, we analyze whether a volatility reduction as sharp as documented for growth of U.S. gross domestic product...

The dates of U.S. business cycle are reported by NBER with a considerable delay, so an early notion of turning points is of particular...

There exists a wide literature starting by Hess and Iwata (1997) on the issue whether nonlinear time series models are needed to...

The analysis of sharp and persistent reductions of current account deficits, which can be characterized as the transition from an...

Yields for German government bonds reached record lows in recent months. The downturn in yields has now lasted since the start of the...

Government bond spreads increased rapidly during the financial turmoil in the euro area. In general, government bond spreads in the...

Releases of the GDP are subject to revisions over time. This paper examines the predictability of German GDP revisions using forecast...

The recent Great Recession had very heterogeneous effects on the labor markets in industrialized countries. We analyze the role of...

This paper lays out the various reasons for the exceptional performance of the German labour market during and after the Great...

In its current approach to achieve an appropriate euro area fiscal stance, the EU Commission asks countries with fiscal space to...

Due to their indeterminacies, static and dynamic factor models require identifying assumptions to guarantee uniqueness of the...

Output gap estimates at the current edge are subject to severe revisions. This study analyzes whether monetary aggregates can be used...