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    • Publications (4)
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    • Globalization (1)
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  1. Publication

    Countervailing inequality effects of globalization and renewable energy generation in Argentina

    01.06.2013

    The present paper assesses the impacts of renewable energy generation and globalization on income inequality in Argentina. We make use of vector autoregression models. We find that globalization and hydroelectric power increase inequality, while the...

  2. Publication

    Skill-Biased Technological Change and the Business Cycle

    01.06.2012

    Over the past two decades, technological progress in the United States has been biased towards skilled labor. What does this imply for business cycles? We construct a quarterly skill premium from the CPS and use it to identify skill-biased technology...

  3. Publication

    Real Wages and Monetary Policy Transmission in the Euro Area

    01.06.2007

    We use the Factor-Augmented Vector Autoregression (FAVAR) approach of Bernanke, Boivin and Eliasz (2005) to estimate the effects of monetary policy shocks on wages and employment in the euro area. The use of a large data set comprising country,...

  4. Publication

    How Resilient is the German Banking System to Macroeconomic Shocks?

    06.05.2008

    Macro-stress testing studies often rely on rather short sample periods due to the limited availability of banking data.

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