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1044 results, from 11
Monographien

Economic Assessment of the Euro Area: Winter 2020/2021

Brussels [u.a.]: EUROFRAME, 2021, 24 S.
Diskussionspapiere 1981 / 2021

The Effects of Natural Disasters on Price Stability in the Euro Area

This paper investigates the impact of natural disasters on price stability in the euro area. We estimate panel and country-specific structural vector autoregression (VAR) models by combining estimated damages of disaster events with monthly data for the Harmonised Index of Consumer Prices (HICP) for all euro area countries over the period 1996-2021. Besides estimating the effect on overall headline ...

2021| John Beirne, Yannis Dafermos, Alexander Kriwoluzky, Nuobu Renzhi, Ulrich Volz, Jana Wittich
Monographien

Owner-Occupied Housing Costs and Monetary Policy: Goals and Challenges for the Euro Area: In-Depth Analysis

Owner-occupied housing costs represent an important expenditure for households and should be included in the Harmonised Index of Consumer Prices. Conceptual and practical challenges must be resolved before this can be implemented. Estimates suggest that these costs would have a small impact on monetary policy. At the same time, different degrees of home ownership in the euro area mean that their inclusion ...

Bruxelles: European Parliament, 2021, 26 S.
(Monetary Dialogue Papers ; November 2021)
| Geraldine Dany-Knedlik, Andrea Papadia
Monographien

The ECB’s Communication Strategy: Limits and Challenges after the Financial Crisis: In-Depth Analysis

Given its central role in public accountability and in the formation of expectations, it is important to reflect on ways to improve the ECB’s communication policy. Communication should not generally strive for maximum transparency. The optimum degree of transparency varies between different aspects of monetary policy and banking supervision. Although the ECB already communicates very openly with the ...

Bruxelles: European Parliament, 2020, 30 S.
(Monetary Dialogue Papers ; February 2020)
| Kerstin Bernoth, Geraldine Dany-Knedlik
SOEP Brown Bag Seminar

Belonging or Estrangement – the European Refugee Crisis and its Effects on Immigrant Identity

This study deals with the impact of the 2015 European Refugee Crisis on the ethnic identity of resident migrants in Germany. To derive plausibly causal estimates, I exploit the quasi-experimental setting in Germany, by which refugees are allocated to different counties by state authorities without being able to choose their locations themselves. This study finds that higher...

26.01.2022| Christopher Prömel, Freie Universität Berlin
Monographien

The Productivity Puzzle in Business Services

In Germany, the productivity of professional services, a sector dominated by micro and small firms, declined by 40 percent between 1995 and 2014. This productivity decline also holds true for professional services in other European countries. Using a German firm-level dataset of 700,000 observations between 2003 and 2017, we analyze this largely uncovered phenomenon among professional services, the ...

Potsdam: CEPA, 2021, 37 S.
(CEPA Discussion Papers ; 37)
| Alexander S. Kritikos, Alexander Schiersch, Caroline Stiel
DIW Weekly Report 41/42 / 2021

Inflation in the Euro Area: Factors Mostly Have Only a Temporary Effect, but Risk of Prolonged Elevated Inflation Remains

Headline inflation in the euro area jumped to more than three percent in the summer after years of relatively low inflation rates well below the target of close to but below two percent set by the ECB until July 2021. One of the main reasons for the rise in inflation is the increase in energy prices since the beginning of 2021. However, there are further indications that inflation in the euro area ...

2021| Kerstin Bernoth, Gökhan Ider
Monographien

The Productivity Puzzle in Business Services

In Germany, the productivity of professional services, a sector dominated by micro and small firms, declined by 40 percent between 1995 and 2014. This productivity decline also holds true for professional services in other European countries. Using a German firm-level dataset of 700,000 observations between 2003 and 2017, we analyze this largely uncovered phenomenon among professional services, the ...

Bonn: IZA, 2021, 37 S.
(Discussion Paper Series / Forschungsinstitut zur Zukunft der Arbeit ; 14610)
| Alexander S. Kritikos, Alexander Schiersch, Caroline Stiel
Diskussionspapiere 1960 / 2021

The Productivity Puzzle in Business Services

In Germany, the productivity of professional services, a sector dominated by micro and small firms, declined by 40 percent between 1995 and 2014. This productivity decline also holds true for professional services in other European countries. Using a German firm-level dataset of 700,000 observations between 2003 and 2017, we analyze this largely uncovered phenomenon among professional services, the ...

2021| Alexander S. Kritikos, Alexander Schiersch, Caroline Stiel
Monographien

Three Essays in Empirical Finance

Berlin: Freie Universität Berlin, 2020, XLV, 143 S. | Caterina Forti Grazzini
1044 results, from 11
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