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Referierte Aufsätze Web of Science
This article analyses the effects of the Federal Reserve's quantitative easing (QE) on global portfolio flows, differentiating across recipient region of the flows, type of flow and QE rounds. Furthermore, the analysis differentiates between the impact of QE expansionary announcements and the actual market operations. The analysis shows that QE1 resulted in (slight) rebalancing towards the US, while ...
In:
The Economic Journal
12, S. 330-377
| Marcel Fratzscher, Marco Lo Duca, Roland Straub
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Referierte Aufsätze Web of Science
This study analyses how liquidity risk affects bonds’ yield spreads after controlling for credit risk, bond-specific characteristics and macroeconomic variables. Using two liquidity estimates, LOT liquidity and the bid-ask spread, we find that, in particular, the LOT liquidity measure has explanatory power for the yield spread of green bonds. Overall, however, the impact of LOT decreases over time, ...
In:
Finance Research Letters
27 (2018), S. 53-59
| Febi Wulandari, Dorothea Schäfer, Andreas Stephan, Chen Sun
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Nicht-referierte Aufsätze
Der Aufschwung der deutschen Wirtschaft hat an Stärke und Breite gewonnen. In einigen Segmenten, so am Arbeitsmarkt, machen sich inzwischen sogar erste Zeichen einer Anspannung bemerkbar. Neben den Konsumausgaben tragen nun auch die Investitionen und das Auslandsgeschäft zur Expansion bei. Letzteres profitiert davon, dass die Konjunktur im Euroraum deutlich aufwärtsgerichtet ist. Die Expansion dort ...
In:
Wirtschaftsdienst
97 (2017), 10, S. 708-713
| Roland Döhrn, Ferdinand Fichtner, Oliver Holtemöller, Stefan Kooths, Timo Wollmershäuser
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Referierte Aufsätze Web of Science
The performance of information criteria and tests for residual heteroscedasticity for choosing between different models for time‐varying volatility in the context of structural vector autoregressive analysis is investigated. Although it can be difficult to find the true volatility model with the selection criteria, using them is recommended because they can reduce the mean squared error of impulse ...
In:
Oxford Bulletin of Economics and Statistics
80 (2018), 4, S. 715-735
| Helmut Lütkepohl, Thore Schlaak
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Referierte Aufsätze Web of Science
Early warning systems (EWSs) are widely used to assess a country’s vulnerability to fiscal distress. A fiscal distress episode is identified as a period when government experiences extreme funding difficulties. Most EWSs employ a specific set of only fiscal leading indicators predetermined by the researchers, which casts doubt on their robustness. We revisit this issue using extreme bounds analysis, ...
In:
Journal of Applied Economics
50 (2018), 13, S. 1454-1478
| Martin Bruns, Tigran Poghosyan
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Personalie
Martin Kroh, zuvor Leiter des Bereichs Surveymethodik und -management (SOEP Survey) im SOEP, hat einen Ruf an die Universität Bielefeld angenommen. Seit dem 1.1.2018 besetzt er die Professur für Methoden der empirischen Sozialforschung mit dem Schwerpunkt Quantitative Methoden.
Er wird das SOEP zunächst weiterhin im Bereich Surveymethodik unterstützen.
28.02.2018
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Personalie
Martin Kroh, former Division Head of Survey Methodology and Management at the SOEP, has been appointed Professor of Methods of Empirical Social Research with a focus on quantitative methods at the University of Bielefeld starting January 1, 2018.
He will continue to support the SOEP in the area of survey methodology during a transitional period and also work on joint ongoing research projects.
28.02.2018
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Weekly Report
Despite the booming German labor market, wage inequality is still a relevant issue. In the present study, the authors report on the changes in wages and their distribution between 1992 and 2016. In addition to real contractual gross hourly wages, we closely examined gross monthly and annual wages. Based on Socio-Economic Panel (SOEP) data, the results show that wage inequality rose significantly between ...
28.02.2018| Markus M. Grabka, Carsten Schröder
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DIW Weekly Report 9 / 2018
Despite the booming German labor market, wage inequality is still a relevant issue. In the present study, the authors report on the changes in wages and their distribution between 1992 and 2016. In addition to real contractual gross hourly wages, we closely examined gross monthly and annual wages. Based on Socio-Economic Panel (SOEP) data, the results show that wage inequality rose significantly between ...
2018| Markus M. Grabka, Carsten Schröder
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Pressemitteilung
Die deutsche Wirtschaft dürfte im ersten Quartal dieses Jahres noch einmal Fahrt aufnehmen – und das, obwohl sie schon im vergangenen Jahr ein hohes Tempo vorgelegt hat. Das signalisiert das Konjunkturbarometer des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin), das mit 113 Punkten zwar etwas niedriger liegt als im Januar, aber immer noch weit über der 100-Punkte-Marke, ...
28.02.2018