zum Hauptinhalt wechseln zum Hauptmenü wechseln zum Fußbereich wechseln Universität Bielefeld Play Search
Breadcrumb überspringen und zum Hauptmenü wechseln

CEMM Working Papers

© Universität Bielefeld

CEMM Working Papers (2000-2013)

No. 163: Peter Flaschel and Sigrid Luchtenberg
Bottom-up and Performance-Protected Representative Party-Democracy with Schumpeterian Political Elite Election

No. 162: Bettina Fincke and Marcin Wolski
Are European fiscal rules that bad? Discretionary fiscal policies in New Member States

No. 161: B. Fincke
Sustainable debt ratios: How would 'stabilized values' look like? (Nov. 2012)

No. 160: P. Flaschel and C. Malikane
Segmented Labor Markets, Distributive Cycles and an Employer of Last Resort (264 KB)

No. 159: C. Chiarella, P. Flaschel, F. Hartmann and C.R. Proaño
Stock Market Booms, Endogenous Credit Creation and the Implications of Broad and Narrow Banking for Macroeconomic Stability (233 KB)

No. 158: Blueschke, D. and R. Neck
"Core" and "Periphery" in a Monetary Union: A Macroeconomic Policy Game (728 KB)

No. 157: Neck, R., Blueschke, D. and Klaus Weyerstrass
Optimal Macroeconomic Policies in a Financial and Economic Crisis: A Case Study for Slovenia (286 KB)

No. 156: Blueschke-Nikolaeva V., Blueschke D. and R. Neck
Optimal Control of Nonlinear Dynamic Econometric Models: An Algorithm and an Application (299 KB)

No. 155: Flaschel, P., Tavani, D., Taylor, L. and T. Teuber
A Structuralist Model of the Wage-Price Spiral with Non-Linear Demand Pressure Terms (596 KB)

No. 154: Proaño, C.R, Flaschel, P., M.B. Diallo and T. Teuber
Distributive Cycles, Business Fluctuations and the Wage-led/Profit-led Debate (3.4 MB)

No. 153: Flaschel, P., Tavani, D., Taylor, L. and T. Teuber
Demand Driven Goodwin Growth Cycles with a Three-Regimes Wage Phillips Curve (599 KB)

No. 152: Asada, T., Flaschel, P., Proaño, C.R, and G. Groh
Continuous Time, Period Analysis and Chaos from an Empirical Perspective (314 KB)

No. 151: Flaschel, P., Gong, G., Proaño, C.R, and W. Semmler
Twin Deficits and Inflation Dynamics in a Mundell-Fleming-Tobin Framework (237 KB)

No. 150: Flaschel, P., Greiner, A. and S. Luchtenberg
Labor Market Institutions and the Role of Elites in Flexicurity Societies(472 KB)

No. 149: Flaschel, P., Greiner, A., Logeay, C. and C. Proaño
Employment Cycles, Low Income Work and the Dynamic Impact of Minimum Wages. A Macro Perspective (572 KB)

No. 148: Kauermann, G., Teuber, T. and P. Flaschel
Exploring US Business Cycles with Bivariate Loops using Penalized Spline Regression (789 KB)

No. 147: Carsten Köpper and Peter Flaschel
Real - financial market interaction: A KMG portfolio approach (322 KB)

No. 146: Peter Flaschel, Christian R. Proaño
Determinacy and Stability Analysis in New Keynesian- and Keynesian (Disequilibrium) Macrodynamics (304 KB)

No. 145: Toichiro Asada, Carl Chiarella, Peter Flaschel, Tarik Mouakil, Christian Proaño and Willi Semmler
Stabilizing an Unstable Economy: On the Choice of Proper Policy Measures (687 KB)

No. 144: Bettina Fincke and Alfred Greiner
How to asess debt sustainability? Some theory and empirical evidence for selected euro area countries (277 KB)

No. 143: Christian Proaño
Heterogeneous Foreign Exchange Market Expectations and Macroeconomic Stability (566 KB)

No. 142: Christian Proaño
Gradual Wage-Price Adjustments and Keynesian Macrodynamics: Evidence from the U.S. and Major European Countries (402 KB)

No. 141: Peter Flaschel, Gang Gong, Christian R. Proaño and Willi Semmler
Twin Deficits and Inflation Dynamics in a Mundell-Fleming-Tobin Framework (236 KB)

No. 140: Toichiro Asada, Peter Flaschel, Christian R. Proaño and Gangolf Groh
Continuous Time, Period Analysis and Chaos from an Empirical Perspective (313 KB)

No. 139: Peter Flaschel and Florian Hartmann
Perfect Finance-led World Capitalism in a Nutshell (249 KB)

No. 138: Ekkehard Ernst, Gang Gong, Willi Semmler and Lina Bukeviciute
Quantifying the Impact of Structual Reforms (679 KB)

No. 137: Chih-Ying Hsiao, Carl Chiarella and Willi Semmler
Intertemporal Asset Allocation when the Underlying Factors are unobservable (717 KB)

No. 136: Lars Grüne and Willi Semmler
Asset Pricing with Dynamic Programming (602 KB)

No. 135: Christopher Malikane and Willi Semmler
Asset Prices, Output, and Monetary Policy in a Small Open Economy (155 KB)

No. 134: Christopher Malikane and Willi Semmler
The Role of the Exchange rate in Monetray Policy Rules: Evidence from a Dynamic Keynesian Model (140 KB)

No. 133: Christopher Malikane and Willi Semmler
Monetary Policy Rules in a Small Open Economy with High Unemployment (181 KB)

No. 132: Christopher Malikane and Willi Semmler
Monetary Policy Rules in Small Open Economies: A Keynesian Perspective (353 KB)

No. 131: Mika Kato and Willi Semmler
Currency Crises and Monetary Policy Rules (549 KB)

No. 130: Reiner Franke, Peter Flaschel and Willi Semmler
Kaleckian Investment and Employment Cycles in Postwar Industrialized Economies (885 KB)

No. 129: Gang Gong and Willi Semmler
Wage Stickiness and Nonclearing Labor Markets in Business Cycles (308 KB)

No. 128: Christian R. Proaño, Peter Flaschel, Ekkehard Ernst and Willi Semmler
Comparing U.S. and Euro Area Wage Price Inflation Dynamics (354 KB)

No. 127: Pu Chen, Carl Chiarella, Peter Flaschel and Willi Semmler
Keynesian Macrodynamics and the Phillips Curve. An Estimated Baseline Macromodel for the U.S. Economy (2463 KB)

No. 126: Gang Gong and Willi Semmler
Sticky Prices, Monopolistic Competition and Nonclearing Labor Markets: Matching and Intertemporal Model to Times Series Data of the US and Euro-area Countries (687 KB)

No. 125: Jens Rubart and Willi Semmler
Technical Change, Labor Market Institutions and Wage Inequality: A Comparison of the U.S. and Europe (395 KB)

No. 124: Willi Semmler
On the Mechanisms of Inequality (596 KB)

No. 123: Willi Semmler, Alfred Greiner, Bobo Diallo, Armon Rezai and Anand Rajaram
Public Policy for Economic Growth: Theory and Empirics (2947 KB)

No. 122: Khaled El.Mattrawy and Willi Semmler
The Role of Education and Human Capital for Economic Growth in Middle Income Countries: Egypt\'s Case (291 KB)

No. 121: Willi Semmler and Marvin Ofori
On Poverty Traps, Thresholds and Take-Offs (474 KB)

No. 120: Alfred Greiner
The dynamic behavior of an endogenous growth model with public capital and pollution (120 KB)

No. 119: Lars Grüne and Willi Semmler
Asset Pricing with Loss Aversion (199 KB)

No. 118: Christoher Malikane and Willi Semmler
Monetary Policy in a Small Open Economy with High Unenemployment (181 KB)

No. 117: Christopher Malikane and Willi Semmler
The Role of the Exchange Rate in Monetary Policy Rules: Evidence from a Dynamic Keynesian Model (140 KB)

No. 116: Christopher Malikane and Willi Semmler
Asset Prices, Output and Monetary Policy in a Small Open Economy (155 KB)

No. 115: Edward Nell and Willi Semmler
The Iraq War and the World Oil Economy (154 KB)

No. 114: Lars Grüne and Willi Semmler
Asset Pricing with Dynamic Programming (602 KB)

No. 113: Lars Grüne, Willi Semmler and Lucas Bernard
Firm Value, Diversified Capital Assets and Credit Risk: Towards a Theory of Default Correlation (484 KB)

No. 112: Willi Semmler and Michael Robert
Credit Risk, Credit Derivatives and Firm Value Based Models (223 KB)

No. 111: Stephanie Becker, Lars Grüne and Willi Semmler
Comparing Accuracy of Second Order Approximation and Dynamic Programming (3925 KB)

No. 110: Peter Flaschel, Christian R. Proaño and Willi Semmler
What Really Caused the Large Output Loss After the East Asian Crisis: Sharp Nominal Depreciations or Interest Rate Increases? (365 KB)

No. 109: Mika Kato, Willi Semmler and Marvin Ofori
Tobin's q and Investment in a Model with Multiple Steady States (391 KB)

No. 108: Maik Eisenbeiß, Göran Kauermann and Willi Semmler
Estimating Beta-Coefficients of German Stock Data: A Non-Parametric Approach (3093 KB)

No. 107: Mika Kato and Willi Semmler
Dominat Firms, Barriers to Entry Capital and Antitrust Policy (153 KB)

No. 106: Pu Chen, Carl Chiarella, Peter Flaschel und Willi Semmler
Keynsian Macrodynamics and the Phillips Curve. An Estimated Baseline Macromodel for the U.S. Economy (2463 KB)

No. 105: Peter Flaschel, Alfred Greiner, Sigrid Luchtenberg and Edward Nell
Varieties of Capitalism: The Flexicurity Model (381 KB)

No. 104: Lars Grüne, Caroline Öhrlein and Willi Semmler
Dynamic Consumption and Portfolio Decisions with Time Varying Asset Returns (5500 KB)
CEM-Version, June 2007

No. 103: Ekkehard Ernst
Monetary and fiscal policies in a search and matching model with endogenous growth (441 KB)

No. 102: Alexander V. Ryzhenkov
Increasing returns and growth cycles (472 KB)

No. 101: Andreas Röthig and Carl Chiarella
Investigating nonlinear speculation in cattle, corn, and hog future markets using logistic smooth transition models (395 KB)

No. 100: Andreas Röthig, Willi Semmler and Peter Flaschel
Hedging, Speculation, and Investment in Balance-Sheet Triggered Currency Crises (279 KB)

No. 99: Ekkehard Ernst and E. Stockhammer
Macroeconomic Regimes - Business Cycle Theories Reconsidered (144 KB)

No. 98: Alfred Greiner
Progressive Taxation, Public Capital and Endogenous Growth (158 KB)

No. 97: Ekkehard Ernst
Financial Systems, Industrial Relations and, Industry Specialisation An econometric analysis of institutional complementarities (382 KB)

No. 96: Ekkehard Ernst
Human Capital, Trade Unions and Banks (430 KB)

No. 95: Ekkehard Ernst
The evolution of time horizons for economic develpoment (344 KB)

No. 94: Ekkehard Ernst
What can we expect from structual reforms? - The importance of market interactions and specific investments for the impact of policy changes on economic performance (497 KB)

No. 93: Bruno Amable and Ekkehard Ernst
Financial and Labor Market Interactions - Specific investment and labor market activity (394 KB)

No. 92: Lars Grüne and Willi Semmler
Asset Pricing with Loss Aversion (220 KB)

No. 91: Herbert Dawid and Day, R.
Sustainable Living Standards and Adaptive Economizing in Economic Growth (727 KB)

No. 90: Bao, Y., Dawid, H. and G. Tellis
Strategic Preannouncements of Innovations (500 KB)

No. 89: Herbert Dawid, Dangl, T. and M. Kopel
Trash it or sell it? A strategic analysis of development and market introduction of product innovations (510 KB

No. 88: Herbert Dawid
Agent-based Models of Innovation and Technological Change (308 KB)

No. 87: Herbert Dawid and J. Dermietzel
How Robust is the Equal Split Norm? On the Destabilizing Effect of Responsive Strategies (278 KB)

No. 86: Herbert Dawid, Deissenberg, C. and P. Sevcik
Cheaptalk, gullibility and welfare in an environmental taxation game (267 KB)

No. 85: Alfred Greiner
Estimating penalized spline regressions: Theory and application to economics (139 KB)

No. 84: Alfred Greiner
An economic model of work-related stress (154 KB)

No. 83: Alfred Greiner and Göran Kauermann
Sustainability of US public debt: Estimating smoothing spline regressions (189 KB)

No. 82: Mika Kato and Willi Semmler
Currency Crises and Monetary Policy Rules (680 KB)

No. 81: Andreas Röthig, Willi Semmler and Peter Flaschel
Corporate Currency Hedging and Currency Crises (386 KB)

No. 80: Alfred Greiner
Debt sustainability in the Euro-area: Evidence for Germany and Italy using smoothing spline regressions (207 KB)

No. 79: Göran Kauermann, Ronghui Xu and Florin Vaida
Smoothing, Random Effects and Generalized Linear Mixed Models in Survival Analysis (317 KB)

No. 78: Gang Gong and Willi Semmler
Business Cycles, Wage Stickiness and Labor Market Disequilibrium (356 KB)

No. 77: Lars Grüne and Willi Semmler
Asset Pricing - Constrained by Past Consumption Decisions (385 KB) (385 KB

No. 76: Chih-ying Hsiao, Carl Chiarella and Willi Semmler
Strategic Asset Allocation with Arbitrage-Free Bond Market using Dynamic Programming (651 KB)

No. 75: Alfred Greiner
An endogenous growth model with public capital and sustainable government debt (225 KB) (225 KB)
- a revised Version is forthcoming in Japanese Economic Review -

No. 74: Andreas Röthig
Currency Futures and Currency Crises (279 KB)

No. 73: Christian R. Proaño, Peter Flaschel and Willi Semmler
Currency and Financial Crises in Emerging Market Economies in the Medium Run (358 KB)
- revised version (April 2005) -

No. 72: Lars Grüne and Willi Semmler
Default Risk, Asset Pricing and Debt Control (311 KB)

No. 71: Alfred Greiner, Uwe Köller and Willi Semmler
Debt Sustainability in the European Monetary Union: Theory and Empirical Evidence for Selected Countries (246 KB) (246 KB)
- revised version (August 2004) -

No. 70: Peter Flaschel, Gang Gong and Willi Semmler
Monetary Policy , the Labor Market and Pegged Exchange Rates: A Study of the German Economy (1400 KB)

No. 69: Toichiro Asada, Pu Chen, Carl Chiarella and Peter Flaschel
Keynesian Dynamics and the Wage Price Spiral. A Baseline Disequilibrium Approach (435 KB)

No. 68: Peter Flaschel, Göran Kauermann and Willi Semmler
Testing Wage and Price Phillips Curves for the United States (435 KB)

No. 67: Pu Chen and Peter Flaschel
Testing the Dynamics of Wages and Prices for the US Economy (400 KB)

No. 66: Peter Flaschel and Hans-Martin Krolzig
Wage and Price Phillips Curves - An empirical analysis of destabilizing wage-price spirals (367 KB)

No. 65: Alfred Greiner and Willi Semmler
Economic Growth and Global Warming: A Model of Multiple Equilibria and Thresholds (613 KB)

No. 64: Herbert Dawid and Christophe Deissenberg
On the Efficiency-Effects of Private (Dis-)Trust in the Government (412 KB)

No. 63: Herbert Dawid and Marc Reimann
Diversification: A Road to Inefficiency in Product Innovations? (458 KB)

No. 62: Herbert Dawid and Marc Reimann
Evaluating Market Attractiveness: Individual Incentives vs. Industrial Profitability (436 KB)

No. 61: Herbert Dawid and W. Bentley McLeod
Hold-Up and the Evolution of Investment and Bargaining Norms (440 KB)

No. 60: Herbert Dawid
Long Horizon versus Short Horizon Planning in Dynamic Optimization Problems with Incomplete Information (463 KB)

No. 59: Alfred Greiner
Fiscal policy in an endogenous growth model with public capital: How important are transition dynamics? (220 KB)
- revised version (January 2004) -

No. 58: Rafael Gerke and Jens Rubart
Search Unemployment in a Dynamic New Keynesian Model of the Business Cycle (231 KB)

No. 57: Christophe Deissenberg, Gustav Feichtinger, Willi Semmler and Franz Wirl
Multiple Equilibria, History Dependence, and Global Dynamics in Intertemporal Optimization Models (478 KB)
Forthcoming in: Barnett, w., Deissenberg, Ch., and G. Feitinger (Eds.); Economic Complexity: Nonlinear Dynamics, Multi-agents Economics, and Learning ISETE, Vol. 14, Elsevier, Amsterdam

No. 56: Göran Kauermann
Penalised Spline Smoothing in Multivariable Survival Models with Varying Coefficients (233 KB)

No. 55: Willi Semmler and Wenlang Zhang
Monetary Policy with Nonlinear Phillips Curve and Endogenous NAIRU (603 KB)
- revised version (August 2003) -

No. 54: Lars Grüne and Willi Semmler
Solving Asset Pricing Models with Stochastic Dynamic Programming (490 KB)
- revised version (May 2004) -

No. 53: Gang Gong and Willi Semmler
Business cycles, wage stickiness and nonclearing labor market (682 KB)

No. 52: Peter Flaschel and Willi Semmler
Currency crisis, financial crisis, and large output loss (578 KB)
- revised version (July 2003) -

No. 51: Peter Flaschel and Hans-Martin Krolzig
Wage and Price Phillips Curves - An empirical analysis of destabilizing wage-price spirals (357 KB)

No. 50: Alfred Greiner
Anthropogenic climate change, abatement and economic growth in a multi-region world (178 KB)
- revised version (August 2003) -

No. 49: Toichiro Asada, Peter Flaschel, Gang Gong and Willi Semmler
Monetary Policy, Currency Unions and Open Economy Macrodynamics (385 KB)
- revised version (March 2003) -

No. 48: Willi Semmler and Wenlang Zhang
Monetary and Fiscal Policy Interactions: Some Empirical Evidence in the Euro-Area (480 KB)

No. 47: Alfred Greiner
The dynamic behaviour of an endogenous growth model with public capital and pollution (171 KB)
- revised version (May 2005) -

No. 46: Wenlang Zhang and Willi Semmler
Monetary Policy Rules under Model Uncertainty: Empirical Evidence, Adaptive Learning and Robust Control (858 KB)

No. 45: Alfred Greiner
On the dynamics of an endogenous growth model with learning by doing (201 KB)

No. 44: Alfred Greiner and Willi Semmler
Externalities of Investment, Education and Economic Growth (201 KB)
Published in: Economic Modelling (2002), Vol. 19, No. 5, 709-724

No. 43: Willi Semmler
Credit Risk and Sustainable Debt: A Model and Estimations of Why the Euro is Stable in the Long-Run (199 KB)
Published in: Economic Modelling (2004), Vol. 21, No.6, 1145-1160

No. 42: Lars Grüne, Mika Kato and Willi Semmler
Solving Ecological Management Problems Using Dynamic Programming (734 KB)

No. 41: Alfred Greiner
Fiscal policy in an endogenous growth model with public capital and pollution (253 KB)

No. 40: Peter Wöhrmann and Willi Semmler
Econometric Toolkit for Studying Dynamic Models in Economics and Finance (303 KB)

No. 39: Chih-ying Hsiao and Willi Semmler
Modeling Short Term Interest Rates (626 KB)

No. 38: Rainer Franke
Calibration of the Keynes-Metzler-Goodwin Model to Stylized Facts of the German Business Cycle (617 KB)

No. 37: Peter Wöhrmann, Willi Semmler and Martin Lettau
Nonparametric Estimation of Time-Varying Characteristics of Intertemporal Asset Pricing Models (354 KB)

No. 36: Lars Grüne and Willi Semmler
Using Dynamic Programming with Adaptive Grid Schemes for Optimal Control Problems in Economics (1430 KB)
Published in: Journal of Economic Dynamics and Control (2004), Volume 28, Issue 12, 2427-2456

No. 35: Alfred Greiner
Anthropogenic climate change in a descriptive growth model (209 KB)
- revised version (August 2003) -

No. 34: Carl Chiarella, Willi Semmler, Stefan Mittnik and Peiyuan Zhu
Stock Market, Interest Rate and Output: A Model and Estimation for US Time Series Data (493 KB)

No. 33: Reiner Franke
Stylized Facts of German Business Cycles: References for Macrodynamic Calibration (293 KB)

No. 32: Mika Kato and Willi Semmler
History Dependence and Hysteresis Effects in an Investment Model with Adjustment Costs (321 KB)

No. 31: Toichiro Asada and Willi Semmler
Limit Pricing and Entry Dynamics with Heterogenous Firms (575 KB)

No. 30: Codrina Rada
Immigration, Labor Market and Wage Inequality (120 KB)

No. 29: Willi Semmler and Levent Koçkesen
Liquidity, Credit and Output: A Regime Change Model and Empirical Estimations (760 KB)

No. 28: Reiner Franke
Keynesian Macroeconomics Without the LM Curve: Implications of Underlying Open Market Operations (405 KB)

No. 27: Reiner Franke
Stepwise Calibration of a Higher-Order Keynes-Metzler-Goodwin Model (494 KB)

No. 26: Willi Semmler and Wenlang Zhang
Monetary Policy in The EURO-Area: Was It Too Tight in The 1990s? (1100 KB)
Published in: Atlantic Economic Journal (2002), 30(3), 283-97

No. 25: Willi Semmler and Wenlang Zhang
Asset Price Bubbles and Monetary Policy Rules: A Dynamic Model with Empirical Evidence (589 KB)
- revised version 2003 -

No. 24: Lars Grüne, Willi Semmler and Malte Sieveking
Creditworthiness and Thresholds in a Credit Market Model with Multiple Equilibria (708 KB)
Published in: Economic Theory (2004), Vol. 25, No. 2, 287-315

No. 23: Alfred Greiner and Jens J. Krueger
Indeterminacy and the distribution of growth rates (219 KB)
Published in: Economics Bulletin (2001), Vol. 15, No. 6, 1-8

No. 22: Frank Schroeder
Wage Inequality in the United States and Europe: A Summary of the Major Theoretical and Empirical Explanations in the Current Debate (143 KB)

No. 21: Hiroyuki Yoshida and Toichiro Asada
Dynamic Analysis of Policy Lag in a Keynes-Goodwin Model: Stability, Instability, Cycles and Chaos (1600 KB)

No. 20: Alfred Greiner and Thomas Kuhn
Growth Effect of Fiscal Policy in an Endogenous Growth Model with Productive Public Spending and Pollution (233 KB)

No. 19: Alfred Greiner
Global warming in a basic endogenous growth Model (235 KB)
- revised version (August 2003) -

No. 18: Peter Flaschel, Gang Gong and Willi Semmler
Nonlinear Phillips Curve and Monetary Policy in a Keynesian Macroeconometric Model (1100 KB)

No. 17: Carl Chiarella, Peter Flaschel, Reiner Franke and Willi Semmler
Integrating Supply Side Wage-Price Dynamics and the Stock Market (343 KB)

No. 16: Alfred Greiner, Jens Rubart and Willi Semmler
Economic Growth, Skill-Biased Technical Change and Wage Inequality: A Model and Estimations for the U.S. and Europe (594 KB)
- revised version (February 2003) - Data Set (ASCII-Format)

No. 15: Alfred Greiner and Willi Semmler
Monetary Policy, Multiple Equilibria and Hysteresis Effects on the Labor Market (377 KB)

No. 14: Peter Flaschel, Gang Gong and Willi Semmler
A Keynesian Macro Econometric Framework for the Analysis of Monetary Policy Rules (1500 KB)
Published in: Journal of Economic Behavior and Organization (2001), 25, 101-136

No. 13: Prof. Dr. Thorsten Hens and Klaus Reiner Schenk-Hopp
An Evolutionary Portfolio Theory (383 KB)
Presented by Prof. Dr. Thorsten Hens within the Colloquium Of Empirical Macroeconomics and Quantitative Economic Policy

No. 12: Christophe Deissenberg, Gustav Feichtinger, Willi Semmler and Franz Wirl
History Dependence and Global Dynamics in Models with Multiple Equilibria (325 KB)

No. 11: Reiner Franke
Three Wage-Price Macro Models and Their Calibration (638 KB)

No. 10: Gang Gong, Alfred Greiner and Willi Semmler
Estimating the Uzawa-Lucas Model for the U.S. and Germany (343 KB)

No. 9: Alfred Greiner and Willi Semmler
Externalities of Investment and Endogenous Growth: Theory and Time Series Evidence (228 KB)
Published in: Structural Change and Economic Dynamics (2001), Vol. 12, Issue 3, 295-310

No. 8: Alfred Greiner and Willi Semmler
Endogenous Growth, Skill-Biased Technical Change and Wage Inequality (476 KB)

No. 7: Gang Gong, Alfred Greiner, Willi Semmler and Jens Rubart
Economic Growth in the U.S. and Europe: The Role of Knowledge, Human Capital and Inventions (645 KB)
Published in: Jürgen Gabriel / Michael Neugart (eds.), 2001, Ökonomie als Grundlage politischer Entscheidungen: Essays on Growth Labor Markets and European Integration, Leske+Budrich, Leverkusen

No. 6: Peter Flaschel, Gang Gong and Willi Semmler
A Keynesian Based Econometric Framework for Studying Monetary Policy Rules (1800 KB)

No. 5: Gang Gong and Willi Semmler
Real Business Cycles with Disequilibrium in the Labor Market: A Comparison for the U.S. and German Economies (1300 KB)

No. 4: Martin Lettau, Gang Gong and Willi Semmler
Statistical Estimation and Moment Evaluation of a Stochastic Growth Model with Asset Market Restrictions (661 KB)

No. 3: Joakim Skalin and Timo Teräsvirta
Modelling asymmetries and moving equilibria in unemployment rates (940 KB)

No. 2: Malte Sieveking and Willi Semmler
Credit Risk and Sustainable Debt: A Model and Estimations for Euroland (567 KB)

No. 1: Almuth Scholl and Willi Semmler
Sustainable Economic Growth and Exhaustible Ressources: A Model and Estimation for the U.S. (391 KB)
Published in: Discrete Dynamics in Nature and Society (2001), Vol. 7(2), 79-92

Zum Seitenanfang