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Displaying results 1 to 6 of 6.

  1. Forecasting Austrian inflation
    Published: 2004
    Publisher:  Oesterr. Nationalbank, Wien

    Leibniz-Institut für Wirtschaftsforschung Halle, Bibliothek
    Mag5719
    Unlimited inter-library loan, copies and loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 699 (91)
    Unlimited inter-library loan, copies and loan
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Working paper / Oesterreichische Nationalbank ; 91
    Subjects: Inflationsrate; Prognoseverfahren; Verbraucherpreisindex; VAR-Modell; Österreich
    Scope: 44 S, graph. Darst, b
    Notes:

    Literaturverz. S. 20 - 21

  2. Labor market institutions and macroeconomic volatility in a panel of OECD countries
    Published: 2009
    Publisher:  European Central Bank, Frankfurt am Main

    In this paper we analyze empirically how labor market institutions influence business cycle volatility in a sample of 20 OECD countries. Our results suggest that countries characterized by high union density tend to experience more volatile movements... more

    Staats- und Universitätsbibliothek Bremen
    No inter-library loan
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 534 (1005)
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    ifo Institut für Wirtschaftsforschung an der Universität München, Bibliothek
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    In this paper we analyze empirically how labor market institutions influence business cycle volatility in a sample of 20 OECD countries. Our results suggest that countries characterized by high union density tend to experience more volatile movements in output, whereas the degree of coordination of the wage bargaining system and strictness of employment protection legislation appear to play a limited role for output volatility. We also find some evidence suggesting that highly coordinated wage bargaining systems have a dampening impact on inflation volatility. -- Business Cycles ; Inflation ; Labor Market Institutions

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/153439
    Series: Working paper series / European Central Bank ; 1005
    Subjects: Konjunktur; Inflation; Volatilität; Arbeitsmarktpolitik; Arbeitsbeziehungen; OECD-Staaten
    Scope: Online-Ressource, (27 S., 864 KB)
  3. The small open-economy New Keynesian Phillips Curve
    empirical evidence and implied inlfation dynamics
    Published: 2008
    Publisher:  Univ., Dep. of Economics, Linz

    This paper applies GMMestimation to assess empirically the small open-economy New Keynesian Phillips Curve derived in Galí and Monacelli (2005). We obtain a testable specification where fluctuations in the terms of trade enter explicitly, thus... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 398 (2008,17)
    No inter-library loan

     

    This paper applies GMMestimation to assess empirically the small open-economy New Keynesian Phillips Curve derived in Galí and Monacelli (2005). We obtain a testable specification where fluctuations in the terms of trade enter explicitly, thus allowing a comparison of the relevance of domestic versus external determinants of CPI inflation dynamics. For most countries in our sample the expected relative change in the terms of trade emerges as a more relevant inflation driver than the contemporaneous domestic output gap. Overall, our results indicate some, albeit moderate, support for the tested relationship based on data from ten OECD countries typically classified as open economies. -- New Keynesian Phillips Curve ; small open economies ; terms of trade fluctuations ; inflation dynamics ; GMM estimation

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/73579
    Series: Working paper / Department of Economics, Johannes Kepler University of Linz ; 0817
    Subjects: Phillips-Kurve; Kleine offene Volkswirtschaft; Theorie; OECD-Staaten
    Scope: Online-Ressource (22 S.)
  4. Inflation dynamics in the new EU member states
    how relevant are external factors?
    Published: 2009
    Publisher:  Univ., Dep. of Economics, Linz

    In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European Union (EU) member countries. Our empirical analysis is based on the New Keynesian Phillips Curve (NKPC) derived in Galí and... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 398 (2009,13)
    No inter-library loan

     

    In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European Union (EU) member countries. Our empirical analysis is based on the New Keynesian Phillips Curve (NKPC) derived in Galí and Monacelli (2005) for small open economies (SOE). Employing the Generalized Method of Moments (GMM), we find that the SOE NKPC is well supported in the new EU member states. We also find that the inflation process is dominated by domestic variables in the larger countries of our sample, whereas external variables are mostly relevant in the smaller countries. -- New Keynesian Phillips Curve ; small open economies ; inflation dynamics ; new EU member countries ; GMM estimation

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/73610
    Series: Working paper / Department of Economics, Johannes Kepler University of Linz ; 0913
    Subjects: Inflation; Phillips-Kurve; Kleine offene Volkswirtschaft; Momentenmethode; Schätzung; EU-Mitgliedschaft
    Scope: Online-Ressource (17 S.), graph. Darst.
  5. Inflation dynamics in the new EU member states
    how relevant are external factors?
    Published: 2010
    Publisher:  Univ. of Reading, Dep. of Economics, Reading

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion papers / University of Reading, Department of Economics ; 085
    Scope: Online-Ressource (21 S.), graph. Darst.
  6. The small open-economy New Keynesian Phillips Curve
    empirical evidence and implied inflation dynamics
    Published: 2008
    Publisher:  Univ. of Reading, Dep. of Economics, Reading

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion papers / University of Reading, Department of Economics ; 063
    Subjects: Phillips-Kurve; Kleine offene Volkswirtschaft; Theorie; OECD-Staaten
    Scope: Online-Ressource (22 S.), graph. Darst.