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12 Results

Suchfilter

  • Topics

    • Business Cycle (2)
    • Business Cycle World (2)
    • Fiscal Policy & National Budgets (2)
    • Behavioral Economics (1)
    • Economic & Financial Crises (1)
    • Labor Market (1)
    • Welfare State (1)
  • Publication Type

    • Working Paper (8)
    • Journal Article (3)
    • Brief (1)
    • Policy Article (1)
  • Research

    • Forecasting and Business Cycle Analysis (10)
    • Macroeconomic Research (10)
    • Business Cycles and Growth (1)
    • Macroeconomic Policies over the Business Cycle (1)
    • Special Topics (1)
  • Experts

    • Steffen Ahrens (12)
    • Dennis J. Snower (5)
    • Inske Pirschel (3)
    • Stephen Sacht (2)
    • Dennis Wesselbaum (1)
    • Matthias Hartmann (1)
    • Nooshin Nejati (1)
    • Philipp L. Pfeiffer (1)
  • Publication Series

    • Kiel Working Papers (8)
    • Kiel Policy Brief (1)
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  • Experts: Steffen Ahrens
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  1. Policy Article

    Fiscal Responses to the Financial Crisis

    Kiel Policy Brief
    10/2009
    Download
    Steffen Ahrens

    Kiel Policy Brief No. 11

  2. Working Paper

    State-dependence vs. Time-dependence: An Empirical Multi-Country Investigation of Price Sluggishness

    Kiel Working Papers
    02/2014
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    Steffen Ahrens, Matthias Hartmann

    In this paper we empirically investigate the time- and state-dependent behavior of aggregate price setting. We implement a testing procedure...

  3. Journal Article

    A Theory of Price Adjustment under Loss Aversion

    Journal of Economic Behavior & Organization
    02/2017
    Steffen Ahrens, Inske Pirschel, Dennis J. Snower

    We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect theory, the consumers’...

  4. Working Paper

    On the Introduction of Firing Costs

    Kiel Working Papers
    01/2009
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    Steffen Ahrens, Dennis Wesselbaum

    This paper provides a survey of the recent literature about firing costs and discusses the transmission channels of firing costs in a partial...

  5. Working Paper

    Inequality Aversion and the Long-Run Effectiveness of Monetary Policy: Bilateral versus Group Comparison

    Kiel Working Papers
    11/2012
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    Steffen Ahrens

    In this paper we incorporate the two most prominent approaches of inequality aversion, i.e. Fehr and Schmidt (1999) and Bolton and Ockenfels...

  6. Working Paper

    Estimating a High-Frequency New-Keynesian Phillips Curve

    Kiel Working Papers
    03/2011
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    Steffen Ahrens, Stephen Sacht

    This paper estimates a high-frequency New Keynesian Phillips curve via the Generalized Method of Moments. Allowing for higher-thanusual...

  7. Working Paper

    Layoff Taxes, Unemployment Insurance, and Business Cycle Fluctuations

    Kiel Working Papers
    01/2015
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    Steffen Ahrens, Nooshin Nejati, Philipp L. Pfeiffer

    This paper studies the role of labor market institutions in business cycle fluctuations. We develop a DSGE model with search and matching...

  8. Working Paper

    A Theory of Price Adjustment under Loss Aversion

    Kiel Working Papers
    04/2014
    Download
    Steffen Ahrens, Inske Pirschel, Dennis J. Snower

    We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect theory, the consumers’...

  9. Journal Article

    Envy, Guilt, and the Phillips Curve

    Journal of Economic Behavior & Organization
    03/2014
    Steffen Ahrens, Dennis J. Snower

    We incorporate inequality aversion into an otherwise standard New Keynesian dynamic stochastic equilibrium model with Calvo wage contracts and...

  10. Working Paper

    Envy, Guilt, and the Phillips Curve

    Kiel Working Papers
    01/2012
    Download
    Steffen Ahrens, Dennis J. Snower

    We incorporate inequity aversion into an otherwise standard New Keynesian dynamic equilibrium model with Calvo wage contracts and positive...

  11. Journal Article

    Estimating a High-Frequency New-Keynesian Phillips Curve

    Empirical Economics
    03/2014
    Steffen Ahrens, Stephen Sacht

    This paper estimates a high-frequency New Keynesian Phillips curve via the Generalized Method of Moments. Allowing for higher-than-usual...

  12. Working Paper

    Path-Dependent Wage Responsiveness

    Kiel Working Papers
    12/2014
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    Steffen Ahrens, Inske Pirschel, Dennis J. Snower

    We present a theory of nominal wage adjustment based on worker loss aversion, along the lines of prospect theory. Wage changes are evaluated...

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Cover image Kiel Policy Brief

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Cover image Kieler Konjunkturberichte

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Cover image Kiel Focus

Kiel Focus

Cover image Review of World Economics

Review of World Economics

 

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