Chair of Innovation, Competition Policy and New Institutional Economics

2015

 

Number Authors Title Links
2015-02 Horst Raff, Nicolas Schmitt Retailing and International Trade: A Survey of the Literature Abstract
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RePEc
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2015-01 Ulrich Stolzenburg The Agent-Based Solow Growth Model with Endogenous Business Cycles Abstract
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RePEc
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2014

 

Number Authors Title Links
2014-13 Sebastian Krug, Matthias Lengnick, Hans-Werner Wohltmann The Impact of Basel III on Financial (In)stability - An Agent-based Credit Network Approach Abstract
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2014-12 Matthias Lengnick, Hans-Werner Wohltmann Optimal Monetary Policy in a New Keynesian Model with Animal Spirits and Financial Markets Abstract
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RePEc
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2014-11 Ulrich Stolzenburg Growth Determinants Across Time and Space: A Semiparametric Panel Data Approach Abstract
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RePEc
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2014-10 Sven Offick, Hans-Werner Wohltmann Bernanke/Blinder revisited – The New Keynesian model with credit channel Abstract Full Text RePEc -
2014-09 Peter Tillmann, Maik H. Wolters The changing dynamics of US inflation persistence: a quantile regression approach Abstract Full Text RePEc -
2014-08 Martin F. Quaas, Max T. Stöven New trade in renewable resources and consumer preferences for diversity Abstract Full Text RePEc -
2014-07 Adnen Ben Nasr, Thomas Lux, Ahdi Noomen Ajmi, Rangan Gupta Forecasting the Volatility of the Dow Jones Islamic Stock Market Index: Long Memory vs. Regime Switching Abstract Full Text RePEc -
2014-06 Tae-Seok Jang, Stephen Sacht Animal Spirits and the Business Cycle: Empirical Evidence from Moment Matching Abstract Full Text RePEc -
2014-05 Steffen Ahrens, Inske Pirschel, Dennis J. Snower A Theory of Price Adjustment under Loss Aversion Abstract Full Text RePEc -
2014-04 Stephen Sacht Identification of Prior Information via Moment-Matching Abstract Full Text RePEc -
2014-03 Stephen Sacht Optimal Monetary Policy Responses and Welfare Analysis within the High-Frequency New-Keynesian Framework Abstract Full Text RePEc -
2014-02 Stephen Sacht Analysis of Various Shocks within the High-Frequency Versions of the Baseline New-Keynesian Model Abstract Full Text RePEc -
2014-01 Sven Offick, Roland C. Winkler Endogenous Firm Entry in an Estimated Model of the U.S. Business Cycle Abstract Full Text RePEc -

2013

 

Number Authors Title Links
2013-04 Lynn Karoly, Carsten Schröder Fast Methods for Jackknifing Inequality Indices Abstract
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RePEc
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2013-03 Maik H. Wolters Evaluating point and density forecasts of DSGE models Abstract
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RePEc
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2013-02
Fabio Verona, Maik H. Wolters Sticky Information Models in Dynare Abstract Full Text RePEc  -
2013-01
Roman Liesenfeld, Jean-François Richard, Jan Vogler Analysis of Discrete Dependent Variable Models with Spatial Correlation Abstract Full Text RePEc  -

2012

 

Number Authors Title Links
2012-16 Mehdi Hosseinkouchack, Maik Wolters Do large recessions reduce output permanently? Abstract
Full Text
RePEc
Economics Letters
2012-15 Matthias Lengnick, Sebastian Krug, Hans-Werner Wohltmann Money Creation and Financial Instability - An Agent-Based Credit Network Approach Abstract
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RePEc
Economics
2012-14 Bastian Gribisch Multivariate Wishart Stochastic Volatility and Changes in Regime Abstract
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RePEc
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2012-13 Sven Offick, Hans-Werner Wohltmann A terminological note on cyclotomic polynomials and Blaschke matrices Abstract Full Text RePEc -
2012-12 Tae-Seok Jang, Stephen Sacht Identification of Animal Spirits in a Bounded Rationality Model: An Application to the Euro Area Abstract Full Text RePEc -
2012-11 Christian Aßmann, Jens Boysen-Hogrefe, Markus Pape The Directional Identification Problem in Bayesian Factor Analysis: An Ex-Post Approach Abstract Full Text RePEc -
2012-10 Christian Seidl The Petersburg Paradox at 300 Abstract Full Text RePEc Journal of Risk an Uncertainty
2012-09 Ute Kapaun, Martin F. Quaas Does the optimal size of a fish stock increase with environmental uncertainties? Abstract Full Text RePEc Environmental and Resource Economics
2012-08 Reiner Franke, Tae-Seok Jang, Stephen Sacht Moment Matching versus Bayesian Estimation: Backward-Looking Behaviour in a New-Keynesian Baseline Model Abstract Full Text RePEc North American Journal of Economics and Finance
2012-07 Tae-Seok Jang Structural estimation of the New-Keynesian model: a formal test of backward- and forward-looking behavior Abstract Full Text RePEc Advances in Econometrics
2012-06 Vasyl Golosnoy, Bastian Gribisch, Roman Liesenfeld Intra-Daily Volatility Spillovers between the US and German Stock Markets Abstract Full Text RePEc -
2012-05 Grischa Perino, Till Requate Does more stringent environmental regulation induce or reduce technology adoption? When the rate of technology adoption is inverted U-shaped Abstract Full Text RePEc Journal of Environmental Economics and Management
2012-04 Christian Seidl The Petersburg Paradox: Menger Revisited Abstract Full Text RePEc -
2012-03 Martin F. Quaas, Till Requate Sushi or Fish Fingers? Seafood Diversity, Collapsing Fish Stocks, and Multi-species Fishery Management Abstract Full Text RePEc Scandinavian Journal of Economics
2012-02 Martin F. Quaas, Max T. Stöven Sushi or Fish Fingers? Seafood Diversity, Collapsing Fish Stocks, and Multi-species Fishery Management Abstract Full Text RePEc -
2012-01 Steffen Ahrens, Dennis J. Snower Envy, Guilt, and the Phillips Curve Abstract Full Text RePEc Journal of Economic Behavior and Organization

2011

 

Number Authors Title Links
2011-11 Tore Selland Kleppe, Roman Liesenfeld Efficient high-dimensional importance sampling in mixture frameworks Abstract
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RePEc
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2011-10 Reiner Franke, Tae-Seok Jang, Stephen Sacht Moment Matching versus Bayesian Estimation: Backward-Looking Behaviour in the New-Keynesian Three-Equations Model Abstract
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RePEc
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2011-09 Matthias Lengnick, Hans-Werner Wohltmann Agent-Based Financial Markets and New Keynesian Macroeconomics - A Synthesis - Updated Version Abstract
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RePEc
Journal of Economic Interaction and Coordination
2011-08 Steffen Ahrens, Stephen Sacht Estimating a High-Frequency New Keynesian Phillips Curve Abstract Full Text RePEc Empirical Economics
2011-07 Peter Grösche, Carsten Schröder On the redistributive effects of Germany’s feed-in tariff Abstract Full Text RePEc Empirical Economics
2011-06 Timm Bönke, Beate Jochimsen, Carsten Schröder Fiscal equalization and regions’ (un)willingness-to-tax – evidence from Germany Abstract Full Text RePEc -
2011-05 Horst Raff, Nicolas Schmitt Imports and the Structure of Retail Markets Abstract Full Text RePEc Canadian Journal of Economics
2011-04 Matthias Lengnick Agent-Based Macroeconomics - A Baseline Model Abstract Full Text RePEc Journal of Economic Behavior and Organization
2011-03 Helmut Herwartz, Christoph Strumann On the effect of prospective payment system on hospital efficiency and competition for patients in Germany Abstract Full Text RePEc Health Care Management Science
2011-02 Alexander Totzek Banks, Oligopolistic Competition, and the Business Cycle: A New Financial Accelerator Approach Abstract Full Text RePEc -
2011-01 Eike Berner Exchange rate pass-through: New evidence from German micro data Abstract Full Text RePEc Économie Internationale

2010

Number
Authors
Title
Links
  2010-11   Ch'ng Kean Siang, Till Requate, Israel Waichman On the Role of Social Wage Comparisons in Gift-Exchange Experiments Abstract Full Text RePEc Economics Letters
  2010-10   Matthias Lengnick, Hans-Werner Wohltmann Agent-Based Financial Markets and New Keynesian Macroeconomics -A Synthesis- A revised version of this paper is available as EWP 2011-09 Abstract Full Text RePEc -
  2010-09   Israel Waichman, Till Requate, Ch’ng Kean Siang Pre-play Communication in Cournot Competition: An Experiment with Students and Managers Abstract Full Text RePEc -
  2010-08   Kirill Pogorelskiy, Christian Seidl, Stefan Traub Tax Progression: International and Intertemporal Comparisons Using LIS Data Abstract Full Text RePEc -
  2010-07   Vasyl Golosnoy, Bastian Gribisch, Roman Liesenfeld The Conditional Autoregressive Wishart Model for Multivariate Stock Market Volatility Abstract Full Text RePEc Journal of Econometrics
  2010-06   Katharina Schulte, Ulrike Zirpel Betting on a Long Life - the Role of Subjective Life Expectancy in the Demand for Private Pension Insurance of German Households Abstract Full Text RePEc Schmollers Jahrbuch
  2010-05   Alexander Totzek, Roland Winkler Fiscal Stimulus in a Model with Endogenous Firm Entry Abstract Full Text RePEc -
  2010-04   Alexander Totzek, Hans-Werner Wohltmann Barro-Gordon revisited: Reputational equilibria in a New Keynesian Model Abstract Full Text RePEc -
  2010-03   Markus Kelle, Jörn Kleinert German Firms in Service Trade Abstract Full Text RePEc Applied Economics Quarterly
  2010-02   Peter Grösche, Carsten Schröder Eliciting Public Support for Greening the Electricity Mix Using Random Parameter Techniques Abstract Full Text RePEc Energy Economics
  2010-01   Reiner Franke, Stephen Sacht Some Observations in the High-Frequency Versions of a Standard New-Keynesian Model Abstract Full Text RePEc Bulletin of Economic Research

2009

Number
Authors
Title
Links
  2009-11   Alexander Totzek Firms’ Heterogeneity, Endogenous Entry, and Exit Decisions Abstract Full Text RePEc -
  2009-10   Mishael Milakovic, Matthias Raddant, Laura Birg Persistence of a Network Core in the Time Evolution of Interlocking Directorates Abstract Full Text RePEc -
  2009-09   Simone Alfarano, Mishael Milakovic, Matthias Raddant Network Hierarchy in Kirman’s Ant Model: Fund Investment Can Create Systemic Risk Abstract Full Text RePEc -
  2009-08   Alexander Totzek Banks and Early Deposit Withdrawals in a New Keynesian Framework Abstract Full Text RePEc -
  2009-07   Helmut Herwartz, Florian Siedenburg The effects of variance breaks on homogenous panel unit root tests Abstract Full Text RePEc -
  2009-06   Helmut Herwartz, Florian Siedenburg A new approach to unit root testing Abstract Full Text RePEc Computational Economics
  2009-05   Roland C. Winkler, Hans-Werner Wohltmann On the (de)stabilizing effects of news shocks Abstract Full Text RePEc Economics Letters
  2009-04   Roman Liesenfeld, Guilherme V. Moura, Jean-François Richard Determinants and Dynamics of Current Account Reversals: An Empirical Analysis Abstract Full Text RePEc Oxford Bulletin of Economics and Statistics
  2009-03   Christian Aßmann, Jens Boysen-Hogrefe A Bayesian Approach to Model-Based Clustering for Panel Probit Models Abstract Full Text RePEc Computational Statistics and Data Analysis
  2009-02   David N. DeJong, Hariharan Dharmarajan, Roman Liesenfeld, Guilherme V. Moura, Jean-François Richard Efficient Likelihood Evaluation of State-Space Representations Abstract Full Text RePEc Review of Economic Studies
  2009-01   Hans-Werner Wohltmann, Roland Winkler Rational Expectations Models with Anticipated Shocks and Optimal Policy: A General Solution Method and a New Keynesian Example Abstract Full Text RePEc -

2008

Number
Authors
Title
Links
2008-21   Hans-Werner Wohltmann, Roland Winkler On the Non-Optimality of Information: An Analysis of the Welfare Effects of Anticipated Shocks in the New Keynesian Model Abstract Full Text RePEc -
  2008-20   Alexander Totzek The Bank, the Bank-Run, and the Central Bank: The Impact of Early Deposit Withdrawals in a New Keynesian Framework Abstract Full Text RePEc -
  2008-19   Israel Waichman, Till Requate, Ch’ng Kean Siang Managers and Students Playing Cournot - Experimental Evidence from Malaysia Abstract Full Text RePEc B.E. Journal of Economic Analysis and Policy
  2008-18   Giacomo Corneo, Matthias Keese, Carsten Schröder Can governments boost voluntary retirement savings via tax incentives and subsidies? A German case study for low-income households Abstract Full Text RePEc -
  2008-17   Helmut Herwartz, Henning Weber When, How Fast and by How Much do Trade Costs change in the Euro Area? Abstract Full Text RePEc -
  2008-16   Helmut Herwartz Exact inference in diagnosing value-at-risk estimates - A Monte Carlo device Abstract Full Text RePEc Economics Letters
  2008-15   Reiner Franke Artificial Long Memory Effects in Two Agent-Based Asset Pricing Models Abstract Full Text RePEc -
  2008-14   Reiner Franke, Peter Flaschel A Proof of Determinacy in the New-Keynesian Sticky Wages and Prices Model Abstract Full Text RePEc -
  2008-13   Reiner Franke On the Interpretation of Price Adjustments and Demand in Asset Pricing Models with Mean-Variance Optimization Abstract Full Text RePEc -
  2008-12   Robert C. Jung, Roman Liesenfeld, Jean-Francois Richard Dynamic Factor Models for Multivariate Count Data: An Application to Stock-Market Trading Activity Abstract Full Text RePEc Journal of Business and Economic Statistics
  2008-11   Anke Reichhuber, Eva Camacho, Till Requate A Framed Field Experiment on Collective Enforcement Mechanisms with Ethiopian Farmers Abstract Full Text RePEc Environment and Development Economics
  2008-10   Simone Alfarano, Mishael Milakovic, Albrecht Irle, Jonas Kauschke A Statistical Equilibrium Model of Competitive Firms Abstract Full Text RePEc Journal of Economic Dynamics and Control
  2008-09   Ruipeng Liu, T. Di Matteo, Thomas Lux Multifractality and Long-Range Dependence of Asset Returns: The Scaling Behaviour of the Markov-Switching Multifractal Model with Lognormal Volatility Components Abstract Full Text RePEc Advances in Complex Systems
  2008-08   Thomas Lux Stochastic Behavioral Asset Pricing Models and the Stylized Facts Abstract Full Text RePEc Handbook of Financial Markets: Dynamics and Evolution
  2008-07   Thomas Lux Rational Forecasts or Social Opinion Dynamics? Identification of Interaction Effects in a Business Climate Survey Abstract Full Text RePEc Journal of Economic Behavior and Organization
  2008-06   Timm Bönke, Carsten Schröder, Katharina Schulte Incomes and inequality in the long run: the case of German elderly Abstract Full Text RePEc German Economic Review
  2008-05   Hans-Werner Wohltmann, Roland Winkler Anticipated and Unanticipated Oil Price Shocks and Optimal Monetary Policy Abstract Full Text RePEc -
  2008-04   Simone Alfarano, Mishael Milakovic Should Network Structure Matter in Agent-Based Finance? Abstract Full Text RePEc -
  2008-03   Simone Alfarano, Mishael Milakovic Does Classical Competition Explain the Statistical Features of Firm Growth? Abstract Full Text RePEc Economics Letters
  2008-02   Horst Raff, Michael Ryan, Frank Stähler Firm Productivity and the Foreign-Market Entry Decision Abstract Full Text RePEc Journal of Economics and Management Strategy
  2008-01   Christian Aßmann Assessing the Effect of Current Account and Currency Crises on Economic Growth Abstract Full Text RePEc -

2007

Number
Authors
Title
Links
2007-32   Hans-Werner Wohltmann, Roland Winkler Solution of RE Models with Anticipated Shocks and Optimal Policy Abstract Full Text RePEc -
  2007-31   Timm Bönke, Carsten Schröder Equivalence scales reconsidered – an empirical investigation Abstract Full Text RePEc -
  2007-30   Giacomo Corneo, Matthias Keese, Carsten Schröder Erhöht die Riester-Förderung die Sparneigung von Geringverdienern? Abstract Full Text RePEc -
  2007-29   Helmut Herwartz, Michael H. Neumann A robust bootstrap approach to the Hausman test in stationary panel data models Abstract Full Text RePEc -
  2007-28   Albrecht Bläsi, Till Requate Subsidies for Wind Power: Surfing down the Learning Curve? Abstract Full Text RePEc -
  2007-27   Markus Demary A Heterogenous Agents Model Usable for the Analysis of Currency Transaction Taxes Abstract Full Text RePEc -
  2007-26   Roman Liesenfeld, Jean-François Richard The Multinomial Multiperiod Probit Model: Identification and Efficient Estimation Abstract Full Text RePEc -
  2007-25   David N. DeJong, Hariharan Dharmarajan, Roman Liesenfeld, Jean-François Richard An Efficient Filtering Approach to Likelihood Approximation for State-Space Representations -A revised version of this paper is available as EWP 2009-02. Abstract Full Text RePEc -
  2007-24   Hwa-Taek Lee, Gawon Yoon Does Purchasing Power Parity Hold Sometimes? Regime Switching in Real Exchange Rates Abstract Full Text RePEc Applied Economics
  2007-23   Vasyl Golosnoy, Helmut Herwartz Semiparametric Approaches to the Prediction of Conditional Correlation Matrices in Finance Abstract Full Text RePEc -
  2007-22   Horst Raff, Michael J. Ryan Firm-Specific Characteristics and the Timing of Foreign Direct Investment Projects Abstract Full Text RePEc Review of World Economics
  2007-21   Emily Blanchard,Gerald Willmann Political Stasis or Protectionist Rut? Policy Mechanisms for Trade Reform in a Democracy Abstract Full Text RePEc Journal of International Economics
  2007-20   Ngo Van Long, Horst Raff, Frank Stähler The Effects of Trade Liberalization on Productivity and Welfare: The Role of Firm Heterogeneity, R&D and Market Structure Abstract Full Text RePEc -
  2007-19   Horst Raff, Michael Ryan, Frank Stähler The Choice of Market Entry Mode: Greenfield Investment, M&A and Joint Venture Abstract Full Text RePEc International Review of Economics and Finance
  2007-18   Horst Raff, Michael Ryan, Frank Stähler Whole versus Shared Ownership of Foreign Affiliates Abstract Full Text RePEc International Journal of Industrial Organization
  2007-17   Christian Aßmann Determinants and Costs of Current Account Reversals under Heterogeneity and Serial Correlation Abstract Full Text RePEc Applied Economics
  2007-16   Tim Lohse, Julio R. Robledo, Ulrich Schmidt Self-Insurance and Self-Protection as Public Goods Abstract Full Text RePEc Journal of Risk and Insurance
  2007-15   Helmut Herwartz, Fang Xu A new approach to bootstrap inference in functional coefficient models Abstract Full Text RePEc Computational Statistics and Data Analysis
  2007-14   Helmut Herwartz, Fang Xu A functional coefficient model view of the Feldstein-Horioka puzzle Abstract Full Text RePEc Journal of International Money and Finance
  2007-13   Barbara Stoschek The Political Economy of Environmental Regulations and Industry Compensation Abstract Full Text RePEc -
  2007-12   Jens Hogrefe The yield spread and GDP growth - Time Varying Leading Properties and the Role of Monetary Policy Abstract Full Text RePEc -
  2007-11   Roman Liesenfeld, Guilherme V. Moura, Jean-François Richard Dynamic Panel Probit Models for Current Account Reversals and their Efficient Estimation Abstract Full Text RePEc -
  2007-10   Casilda Lasso de la Vega, Christian Seidl The Impossibility of a Just Pigouvian Abstract Full Text RePEc -
  2007-09   Helmut Herwartz A note on model selection in (time series) regression models - General-to-specific or specific-to-general? Abstract Full Text RePEc Applied Economics Letters
  2007-08   Giovanni Facchini, Marcelo Olarreaga, Peri Silva, Gerald Willmann Substitutability and protectionism: Latin America's trade policy and imports from China and India Abstract Full Text RePEc World Bank Economic Review
  2007-07   Anke Reichhuber, Till Requate Alternative Use Systems for the Remaining Cloud Forest in Ethiopia and the Role of Arabica Coffee - A Cost-Benefit Analysis Abstract Full Text RePEc Ecological Economics
  2007-06   Ruipeng Liu, T. Di Matteo, Thomas Lux True and Apparent Scaling: The Proximity of the Markov-Switching Multifractal Model to Long-Range Dependence Abstract Full Text RePEc Physica A: Statistical Mechanics and its Applications
  2007-05   Thomas Lux Applications of Statistical Physics in Finance and Economics Abstract Full Text RePEc -
  2007-04   Andreas von Döllen, Till Requate Environmental Policy and Incentives to Invest in Advanced Abatement Technology if Arrival of Future Technology is Uncertain - Extended Version Abstract Full Text RePEc -
  2007-03   Christian Seidl Flat Tax mit sozialer Grundsicherung: Die optimale Kombination Abstract Full Text RePEc -
  2007-02   Sebastian Wilckens Should WTO Dispute Settlement Be Subsidized? Abstract Full Text RePEc -
  2007-01   Enrico Diecidue, Ulrich Schmidt, Horst Zank Parametric Weighting Functions Abstract Full Text RePEc Journal of Economic Theory

 

2006

Number
Authors
Title
Links
2006-19   Hans-Werner Wohltmann, Roland Winkler Anticipated Raw Materials Price Shocks and Monetary Policy Response - A New Keynesian Approach Abstract Full Text RePEc -
  2006-18   Harald Tauchmann, Silja Göhlmann, Till Requate, Christoph M. Schmidt Tobacco and Alcohol: Complements or Substitutes? A Statistical Guinea Pig Approach Abstract Full Text RePEc -
  2006-17   Thomas Lux The Markov-Switching Multifractal Model of Asset Returns: GMM Estimation and Linear Forecasting of Volatility (A revised version of EWP 2004-11) Abstract Full Text RePEc Journal of Business and Economic Statistics
  2006-16   Simone Alfarano, Thomas Lux, Friedrich Wagner Time-Variation of Higher Moments in a Financial Market with Heterogeneous Agents: An Analytical Approach (A revised version of EWP 2005-14) Abstract Full Text RePEc Journal of Economic Dynamics and Control
  2006-15   Eleni Samanidou, Elmar Zschischang, Dietrich Stauffer, Thomas Lux Microscopic Models of Financial Markets Abstract Full Text RePEc -
  2006-14   Markus Demary Transaction Taxes, Traders’ Behavior and Exchange Rate Risks Abstract Full Text RePEc -
  2006-13   Thomas Lux, Taisei Kaizoji Forecasting Volatility and Volume in the Tokyo Stock Market: Long Memory, Fractality and Regime Switching (A revised version of EWP 2004-05) Abstract Full Text RePEc Journal of Economic Dynamics and Control
  2006-12   Thomas Lux Financial Power Laws: Empirical Evidence, Models, and Mechanism Abstract Full Text RePEc -
  2006-11   Simone Alfarano, Thomas Lux A Minimal Noise Trader Model with Realistic Time Series Properties (A revised version of EWP 2003-15) Abstract Full Text RePEc Long Memory in Economics
  2006-10   Michael H. Birnbaum, Ulrich Schmidt Empirical Tests of Intransitivity Predicted by Models of Risky Choice Abstract Full Text RePEc -
  2006-09   Ulrich Schmidt, Stefan Traub An Experimental Investigation of the Disparity between WTA and WTP for Lotteries Abstract Full Text RePEc Theory and Decision
  2006-08   Andrea Morone, Ulrich Schmidt An Experimental Investigation of Alternatives to Expected Utility Using Pricing Data Abstract Full Text RePEc Economics Bulletin
  2006-07   Helmut Herwartz, Fang Xu Reviewing the sustainability/stationarity of current account imbalances with tests for bounded integration Abstract Full Text RePEc Manchester School
  2006-06   Helmut Herwartz, Fang Xu Panel data model comparison for empirical saving-investment relations Abstract Full Text RePEc Applied Economics Letters
  2006-05   Roman Liesenfeld, Jean-François Richard Improving MCMC Using Efficient Importance Sampling Abstract Full Text RePEc Computational Statistics and Data Analysis
  2006-04   Helmut Herwartz, Hans-Eggert Reimers Modelling the Fisher hypothesis: World wide evidence Abstract Full Text RePEc -
  2006-03   Stefan Traub The Provision of Local Public Services in a Risky Environment: An Application to Crime Abstract Full Text RePEc -
  2006-02   Christian Aßmann, Jens Hogrefe, Roman Liesenfeld The Decline in German Output Volatility: A Bayesian Analysis Abstract Full Text RePEc Empirical Economics
  2006-01   Horst Raff, Michael Ryan, Frank Stähler Asset Ownership and Foreign-Market Entry Abstract Full Text RePEc -

2005

Number
Authors
Title
Links
2005-19   Hans-Werner Wohltmann Dynamische Effekte der Geld-und Fiskalpolitik in einem asymmetrischen Drei-Länder-Modell mit einer Währungsunion Abstract Full Text RePEc -
  2005-18   Volker Clausen, Hans-Werner Wohltmann Monetary and Fiscal Policy in a Large Asymmetric Monetary Union - A Dynamic Three-Country Analysis Abstract Full Text RePEc -
  2005-17   Hans-Werner Wohltmann, Roland Winkler Monetary Policy Dynamics in Large Oil-Dependent Economies Abstract Full Text RePEc -
  2005-16   Stefan Traub Quality Investment and Price Formation in the Performing Arts Sector: A Spatial Analysis Abstract Full Text RePEc -
  2005-15   Rainer Haselmann, Helmut Herwartz The Introduction of the Euro and its Effects on Investment Decisions Abstract Full Text RePEc Journal of International Money and Finance
  2005-14   Simone Alfarano, Thomas Lux, Friedrich Wagner Time-Variation of Higher Moments in a Financial Market with Heterogeneous Agents: An Analytical Approach - A revised version of this paper is available as EWP 2006-16 Abstract Full Text RePEc -
  2005-13   Simone Alfarano, Thomas Lux A Noise Trader Model as a Generator of Apparent Financial Power Laws and Long Memory Abstract Full Text RePEc Macroeconomic Dynamics
  2005-12   Till Requate Environmental Policy under Imperfect Competition - A Survey Abstract Full Text RePEc The International Yearbook of Environmental and Rersource Economics 2006/2007
  2005-11   Daniel Drescher Alternative distributions for observation driven count series models Abstract Full Text RePEc -
  2005-10   Hans-Werner Wohltmann, Roland Winkler Oil Price Shocks and Currency Denomination (A revised version of EWP 2005-01) Abstract Full Text RePEc -
  2005-09   Albrecht Bläsi, Till Requate Learning-by-Doing with Spillovers in Competitive Industries, Free Entry, and Regulatory Policy Abstract Full Text RePEc -
  2005-08   Robert Jung, Martin Kukuk, Roman Liesenfeld Time Series of Count Data: Modelling and Estimation Abstract Full Text RePEc Computational Statistics and Data Analysis
  2005-07   Horst Raff, Nicolas Schmitt Why Parallel Trade May Raise Producers' Profits Abstract Full Text RePEc Journal of International Economics
  2005-06   Eva Camacho-Cuena, Tibor Neugebauer, Christian Seidl Compansating Justice Beats Leaky Buckets: An Experimental Investigation Abstract Full Text RePEc -
  2005-05   Eva Camacho-Cuena, Christian Seidl Lorenz meets Rating But Misses Valuation Abstract Full Text RePEc Uncertainty and Risk
  2005-04   Oliver Blaskowitz, Helmut Herwartz, Gonzalo de Cadenas Santiago Modeling the FIBOR/EURIBOR Swap Term Structure: An Empirical Approach Abstract Full Text RePEc -
  2005-03   Ulf Moslener, Till Requate Optimal Abatement in Dynamic Multipollutant Problems when Pollutants can be Complements or Substitutes Abstract Full Text RePEc Journal of Economic Dynamics and Control
  2005-02   Fang Xu Does Consumption-Wealth Ratio Signal Stock Returns? - VECM Results for Germany Abstract Full Text RePEc Economics Bulletin
  2005-01   Hans-Werner Wohltmann, Roland Winkler Dynamic Effects of Raw Materials Price Shocks for Large Oil-Dependent Economies - A revised version of this paper is available as EWP 2005-10 Abstract Full Text RePEc -

2004

Number
Authors
Title
Links
2004-12   Roman Liesenfeld, Jean-François Richard Classical and Bayesian Analysis of Univariate and Multivariate Stochastic Volatility Models Abstract Full Text RePEc Econometric Reviews
  2004-11   Thomas Lux The Markov-Switching Multi-Fractal Model of Asset Returns: GMM Estimation and Linear Forecasting of Volatility - A revised version of this paper is available as EWP 2006-17 Abstract Full Text RePEc -
  2004-10   Eva Camacho, Till Requate Collective and Random Fining versus Tax/Subsidy - Schemes to Regulate Non-Point Pollution: An Experimental Study Abstract Full Text RePEc -
  2004-09   Horst Raff, Nicolas Schmitt Exclusive Dealing and Common Agency in International Markets Abstract Full Text RePEc Journal of International Economics
  2004-08   Johannes Bröcker Agglomeration and Knowledge Diffusion Abstract Full Text RePEc Contributions to Economic Analysis
  2004-07   Dagmar Nelissen, Till Requate Pollution-Reducing and Resource-Saving Technological Progress Abstract Full Text RePEc International Journal of Agricultural Resources, Governance and Ecology
  2004-06   Paul Mensink A comment on "An arbitrage-free approach to quasi-option value" by Coggins and Ramezani Abstract Full Text RePEc -
  2004-05   Thomas Lux, Taisei Kaizoji Forecasting Volatility and Volume in the Tokyo Stock Market: The Advantage of Long Memory Models - A revised version of this paper is available as EWP 2006-13 Abstract Full Text RePEc -
  2004-04   Eva Camacho-Cuena, Tibor Neugebauer, Christian Seidl Leaky-Bucket Paradoxes in Income Inequality Perceptions:An Experimental Investigation Abstract Full Text RePEc -
  2004-03   Christian M. Hafner, Helmut Herwartz Testing for Causality in Variance using Multivariate GARCH Models Abstract Full Text RePEc Annales d'Économie et de Statistique
  2004-02   Manuel Frondel, Jens Horbach, Klaus Rennings, Till Requate Environmental Policy Tools and Firm-Level Management Practices:Empirical Evidence for Germany Abstract Full Text RePEc -
  2004-01   Giovanni Facchini, Johannes Van Biesebroeck, Gerald Willmann Protection for Sale with Imperfect Rent Capturing Abstract Full Text RePEc Canadian Journal of Economics

2003

Number
Authors
Title
Links
2003-16   Christian Seidl Measuring Inequality Attitudes by Defective Leaky Buckets - A Comment Abstract Full Text RePEc -
  2003-15   Simone Alfarano, Thomas Lux A Minimal Noise Trader Model with Realistic Time Series Properties - A revised version of this paper is available as EWP 2006-11 Abstract Full Text RePEc -
  2003-14   Thomas Lux Detecting multi-fractal properties in asset returns: The failure of the 'scaling estimator' Abstract Full Text RePEc -
  2003-13   Thomas Lux The Multi-Fractal Model of Asset Returns: Its Estimation via GMM and Its Use for Volatility Forecasting - A revised version of this paper is available as EWP 2004-11 Abstract Full Text RePEc -
  2003-12   Thomas Lux, Sascha Schornstein Genetic Learning as an Explanation of Stylized Facts of Foreign Exchange Abstract Full Text RePEc Journal of Mathematical Economics
  2003-11   Hans-Werner Wohltmann, Volker Clausen Oil Price Shocks and Monetary Policy in an Asymmetric Monetary Union Abstract Full Text RePEc -
  2003-10   Gerald Willmann Why Legislators are Protectionists: the Role of Majoritarian Voting in Setting Tariffs Abstract Full Text RePEc -
  2003-09   Paul Mensink,Till Requate The Dixit-Pindyck an the Arrow-Fisher-Hanemann-Henry option values are not equivalent Abstract Full Text RePEc Resource and Energy Economics
  2003-08   Patrick Graichen, Till Requate Der steinige Weg von der Theorie in die Praxis des Emissionshandels: Die EU-Richtlinie zum CO2-Emissionshandel und ihre nationale Umsetzung Abstract Full Text RePEc Perspektiven der Wirtschaftspolitik
  2003-07   Till Requate Commitment and Timing of Environmental Policy, Adoption of New Technology and Repercussions on R&D Abstract Full Text RePEc Environmental and Resource Economics
  2003-06   Stefan Traub Federalism, Freedom of Movement, and Fiscal Equalization Abstract Full Text RePEc -
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2014-09

Number
2014-09
Authors
Peter Tillmann, Maik H. Wolters
Title
The changing dynamics of US inflation persistence: a quantile regression approach
Abstract We examine both the degree and the structural stability of inflation persistence at different quantiles of the conditional inflation distribution. Previous research focused exclusively on persistence at the conditional mean of the inflation rate. As economic theory provides reasons for inflation persistence to differ across conditional quantiles, this is a potentially severe constraint. Conventional studies of inflation persistence cannot identify changes in persistence at selected quantiles that leave persistence at the median of the distribution unchanged. Based on post-war US data we indeed find robust evidence for a structural break in persistence at all quantiles of the inflation process in the early 1980s. While prior to the 1980s inflation was not mean reverting, quantile autoregression based unit root tests suggest that since the end of the Volcker disinflation the unit root can be rejected at every quantile of the conditional inflation distribution.

Keywords: inflation persistence, quantile regressions, structural breaks, unit root test, monetary policy, Federal Reserve

JEL classification: E31, E37, E58, C22
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