From December 12 to 13, the annual Graduate Center Winter Workshop took place in the Schumpeter Hall of DIW Berlin. During the two day workshop, doctoral students presented their current research and received feedback from their supervisors and peers. The program consisted of 12 presentations that cover a large range of topics in economics and social sciences, including four by GC alumni. Please find ...
by Marcel Fratzscher, Philipp König and Claudia Lambert in: DIW Economic Bulletin 11/12 /2013. The debate about TARGET2, the payment system of the European System of Central Banks (ESCB), has resulted in controversial discussions in Germany in recent years. The present study by DIW Berlin concludes that fears often expressed in this context of the risks to Germany are largely unfounded. ...
in: DIW Economic Bulletin 11/12 /2013"Settling TARGET Balances after the Euro Crisis". Seven Questions to Claudia Lambert and Philipp König
by Franziska Holz, Philipp M. Richter and Christian von Hirschhausen in: DIW Economic Bulletin 11/12 /2013. The significance of natural gas is on the rise due to the restructuring and decarbonization of energy systems worldwide. Natural gas is widely available and flexible as it can be used in electricity generation, manufacturing, transport and private households. Compared to other fossil fuels, ...
The debate about TARGET2, the payment system of the European System of Central Banks (ESCB), has resulted in controversial discussions in Germany in recent years. The present study by DIW Berlin concludes that fears often expressed in this context of the risks to Germany are largely unfounded. Germany is - in contrast to what is often claimed - one the beneficiaries of the Target system. In particular, ...
The significance of natural gas is on the rise due to the restructuring and decarbonization of energy systems worldwide. Natural gas is widely available and flexible as it can be used in electricity generation, manufacturing, transport, and private households. Compared to other fossil fuels, natural gas produces relatively low carbon dioxide emissions during combustion. For this reason, the natural ...
In vector autoregressive analyses, confidence intervals for individual impulse responses are typically reported in order to indicate the sampling uncertainty in the estimation results. Various methods are reviewed, and a new method for the construction of joint confidence bands, given a prespecified coverage level, for the impulse responses at all horizons considered simultaneously, is proposed. The ...
