-
Modeling the conditional distribution of financial returns with asymmetric ta...
This paper proposes a conditional density model that allows for differing left/right tail indices and time-varying volatility based on the dynamic conditional score (DCS)... -
Estimating and accounting for the output gap with large Bayesian vector autor...
We consider how to estimate the trend and cycle of a time series, such as real gross domestic product, given a large information set. Our approach makes use of the... -
Two are better than one: Volatility forecasting using multiplicative componen...
We examine the properties and forecast performance of multiplicative volatility specifications that belong to the class of generalized autoregressive conditional... -
Lifetime Cost of Living and Effective Prices: Theory and Evidence for Germany...
The files include two datasets and a readme-file -
(Since When) Are East and West German Business Cycles Synchronised? - replica...
We analyze whether, and since when, East and West German business cycles are synchronised. We investigate real GDP, unemployment rates and survey data as business cycle... -
Does the Deregulation of Ocupational Licensing affect vocational Training in ...
The European Commission actively evaluates occupational entry restrictions in all member states. This has attracted a growing interest among scholars of the German crafts sector... -
Job Mobility and Sorting: Theory and Evidence (replication data)
Motivated by the canonical (random) on-the-job search model, I measure a person’s ability to sort into higher ranked jobs by the risk ratio of job-to-job transitions to... -
Staff Rotation as an Anti-Corruption Policy in China and in Germany: An Exper...
We conducted bribery experiments in China and in Germany to analyze the effect of staff rotation on corruption. After being bribed, Chinese and German subjects in the role of...
