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The Macroeconomic Determinants of House Prices and Rents
Based on panel error correction models for a sample of up to 21 countries this paper analyses the macroeconomic determinants of house prices and rents. In accordance with the... -
A comparison of approaches to select the informativeness of priors in BVARs
Vector autoregressions (VARs) are richly parameterized time series models that can capture complex dynamic interrelationships among macroeconomic variables. However, in small... -
Après-ski: The Spread of Coronavirus from Ischgl through Germany
The Austrian ski resort of Ischgl is commonly claimed to be ground zero for the diffusion of the SARS-CoV-2 virus in the first wave of infections experienced by Germany. Drawing... -
Triplets, Quads and Quints: Estimating Disaggregate Trade Elasticities with D...
Trade elasticities are a crucial variable for research on international trade. Caliendo and Parro (2015) provide a novel method to estimate trade elasticities which is based on...