The new US administration has a clear agenda of reducing imports to the US and attract FDI by reducing tariffs and using the proceeds for supporting investment in the US. This paper uses a dynamic two country US vs RoW model where monopolistically competitive firms make export and FDI decisions. We study how this additional FDI channel affects the impact of import tariffs on the US and RoW economy. ...
The Annual Macro Meeting of the German Economic Association (VfS) will take place on May 15-16, 2025, at DIW Berlin, providing an interdisciplinary platform for discussing current topics in macroeconomics. Leading researchers will present innovative approaches and challenges in macroeconomic theory, including topics such as the impact of expectations in heterogeneous agent models, the...
Der Paradigmenwechsel bei Schulden und Investitionen darf nicht zulasten der jungen Generation gehen. Auch die Babyboomer müssen sich auf mehr Verzicht einstellen. Die Grundgesetzänderung zu Sondervermögen und Schuldenbremse ist ein Paradigmenwechsel für Politik und Gesellschaft. Die Entscheidung des Bundestages korrigiert ein Stück weit die deutsche Obsession mit Schulden und Sparen. Sie ist ein ...
Data quality is known to be compromised when respondents cognitively shortcut the survey response process. This satisficing behavior leads to inaccurate and unreliable responses that are hard to compensate after data collection. Thus, detecting and understanding survey satisficing is crucial for developing and implementing effective preventive measures in longitudinal data collection contexts. We use ...
