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Diskussionspapiere 1332 / 2013
This paper investigates the effects of global oil and food price shocks to consumer prices in Middle East-North African (MENA) countries using threshold cointegration methods. Oil and food price shocks increase domestic prices in the long run, whereby the impact of food prices dominates. While global prices are weakly exogenous, consumer prices respond to deviations from the equilibrium relationship. ...
2013| Ansgar Belke, Christian Dreger
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Externe Monographien
This paper investigates the effects of global oil and food price shocks to consumer prices in Middle East-North African (MENA) countries using threshold cointegration methods. Oil and food price shocks increase domestic prices in the long run, whereby the impact of food prices dominates. While global prices are weakly exogenous, consumer prices respond to deviations from the equilibrium relationship. ...
Essen:
RWI,
2013,
26 S.
(Ruhr Economic Papers ; 448)
| Ansgar Belke, Christian Dreger
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Other refereed essays
This paper investigates the effects of global oil and food price shocks to consumer prices in Middle East-North African (MENA) countries using threshold cointegration methods. Oil and food price shocks increase domestic prices in the long run, whereby the impact of food prices dominates. While global prices are weakly exogenous, consumer prices respond to deviations from the equilibrium relationship. ...
In:
International Economics and Economic Policy
12 (2015), 1, S. 143-161
| Ansgar Belke, Christian Dreger
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SOEPpapers 668 / 2014
In this paper a descriptive overview of the housing situation of immigrants in Germany is combined with a multivariate analysis on potential effects of rental price discrimination for specific groups of immigrants. The driving research question is, whether immigrants systematically pay higher rents for comparable flats. Utilizing data from the German Socio-economic Panel (SOEP) different variables ...
2014| Andreas Hartung
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Berlin IO Day
The Berlin IO Day is a one-day workshop sponsored by Berlin's leading academic institutions, including DIW Berlin, ESMT, WZB, Humboldt University Berlin, and Technical University Berlin which takes place twice a year, in the Fall and in the Spring. The aim is to create an international forum for high quality research in Industrial Organization in the heart of Berlin, one of Europe's most vibrant...
13.03.2014
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Externe Monographien
The Chinese growth miracle was based on exports and investment in recent years. While strong output growth has been maintained even during the financial crisis, the imbalances within the country increased. To return to a more sustainable path of development, policies are directed to improve the role of private consumption. However, the institutional framework is an impediment to the transformation, ...
Bonn:
IZA,
2013,
17 S.
(Discussion Paper Series / Forschungsinstitut zur Zukunft der Arbeit ; 7819)
| Christian Dreger, Tongsan Wang, Yanqun Zhang
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SOEPpapers 416 / 2011
Using survey data from the German Socio-Economic Panel, this study shows that immigrants living in segregated residential areas are more likely to report discrimination because of their ethnic background. This applies to both segregated areas where most neighbors are immigrants from the same country of origin as the surveyed person and segregated areas where most neighbors are immigrants from other ...
2011| Verena Dill, Uwe Jirjahn
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Diskussionspapiere 1158 / 2011
In this paper we use a representative consumer model to analyse the equilibrium relation between the transitory deviations from the common trend among consumption, aggregate wealth, and labour income, cay, and focus on the implications for both stock returns and housing returns. The evidence based on data for 15 OECD countries shows that when agents expect future stock returns to be higher, they will ...
2011| Guglielmo Maria Caporale, Ricardo M. Souza
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Diskussionspapiere 1159 / 2011
In this paper, we show, using the consumer's budget constraint, that the residuals of the trend relationship among consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for a panel of 31 emerging economies and find that, when agents expect future stock returns to be higher, they will temporarily allow consumption to rise. Regarding ...
2011| Guglielmo Maria Caporale, Ricardo M. Souza
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Diskussionspapiere 1046 / 2010
This paper empirically investigates the effects of changes in the interest rate as well as transitory income uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the uncompensated interest rate elasticity for savings, in line with the literature, to around zero. Accordingly, any policy-induced variation of net returns to savings ...
2010| Martin Beznoska, Richard Ochmann