Vorträge des DIW Berlin

Business Confidence and Forecasting of Housing Prices and Rents in Large German Cities

Business Confidence and Forecasting of the Housing Prices and Rents in Large German Cities

Forecasting the Prices and Rents for Flats in Large German Cities

Internet Offer Prices for Flats and Their Determinants: A Cross Section of Large European Cities

Discussant: House Prices and Land Regulation in the Copenhagen Area. Morten Skak, Jørgen Lauridsen, Niels Nannerup

Measuring Regional Inequality by Internet Car Price Advertisements: Evidence for Germany

Forecasting Private Consumption by Consumer Surveys

Survey-based indicators are widely seen as leading indicators for economic activity. As such the consumer confidence might be informative for the future path of private consumption. Although the indicators receive high attention in the media, their forecasting power often appears to be very limited. This paper takes a fresh look on the data that serve as a basis for the consumer confidence...

Forecasting Private Consumption by Consumer Surveys

Do Regions with Entrepreneurial Neighbors Perform Better? A Spatial Econometric Approach for German Regions

We use a neoclassical production function to analyze the effects of knowledge spillovers via entrepreneurship on economic performance of 337 German districts. To take the spatial dependence structure of the data into account, we estimate a spatial Durbin model. We highlight the importance of the choice of the appropriate weight matrix. We find positive knowledge spillover effects via...

Do Regions with Entrepreneurial Neighbors Perform Better? A Spatial Econometric Approach for German Regions

We use a neoclassical production function to analyze the effects of knowledge spillovers via entrepreneurship on economic performance of 337 German districts. To take the spatial dependence structure of the data into account, we estimate a spatial Durbin model. We highlight the importance of the choice of the appropriate weight matrix. We find positive knowledge spillover effects via...

Do Regions with Entrepreneurial Neighbors Perform Better? A Spatial Econometric Approach for German Regions

We use a neoclassical production function to analyze the effects of knowledge spillovers via entrepreneurship on economic performance of 337 German districts. To take the spatial dependence structure of the data into account, we estimate a spatial Durbin model. We highlight the importance of the choice of the appropriate weight matrix. We find positive knowledge spillover effects via...

The Russian Regional Convergence Process: Where Does It Go?

This paper investigates the income convergence among Russian regions in the period 1998-2006. It makes two major contributions to rather extensive literature on the regional convergence in Russia. First, it identifies spatial regimes using the exploratory spatial data analysis. Second, it examines the impact of spatial effects on the convergence process. Our results show that the overall speed of...

Are Geese Flying by Themselves inside China?: An LSTR-SEM Approach to Income Convergence of Chinese Counties

CGE-Modellierung in der Konjunkturabteilung

Measuring Regional Inequality by Internet Car Price Advertisements: Evidence for Germany

We suggest to use Internet car sale price advertisements for measuring economic inequality between and within German regions. Our estimates of regional income levels and Gini indices based on advertisements are highly, positively correlated with the official figures. This implies that the observed car prices can serve as a reasonably good proxy for income levels. In contrast to the traditional...

Assessing the Real-Time Informational Content of Macroeconomic Data Releases for Now-/Forecasting GDP: Evidence for Switzerland

The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases

In this paper, we compare the distribution of price changes between collusive and non-collusive periods for ten major cartels. The first moments focus on previous research. We extend the discussion to the third (skewness) and fourth (kurtosis) moments. However, none of the above descriptive statistics can be considered as a robust test allowing a differentiation between competition and cartel....

Are Geese Flying by Themselves inside China?: An LSTR-SEM Approach to Income Convergence of Chinese Counties

Assessing the Real-Time Informational Content of Macroeconomic Data Releases for Now-/Forecasting GDP: Evidence for Switzerland

This study utilizes the dynamic factor model of Giannone et al. (2008) in order to make now-/forecasts of GDP quarter-on-quarter growth rates in Switzerland. It also assesses the informational content of macroeconomic data releases for forecasting of the Swiss GDP. We find that the factor model offers a substantial improvement in forecast accuracy of GDP growth rates compared to a benchmark naive...

Google Data as a Means of Improving the Short-Term Forecast Accuracy of Macroeconomic Data