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Financial Conditions Indexes: A Fresh Look after the Financial Crisis
This paper explores the link between financial conditions and economic activity. We first review existing measures, including both single indicators and composite financial conditions indexes (FCIs).Expand
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Family Benefits and Fertility: An Econometric Analysis
quality of life of families, either financially or by allowing parents to combine more easily employment and family responsibilities. But while such policies have been welcomed by the electorate, weExpand
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The Equilibrium Real Funds Rate: Past, Present, and Future
We examine the behavior, determinants, and implications of the equilibrium level of the real federal funds rate, interpreted as the long run or steady state value of the real funds rate. We drawExpand
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EVIDENCE FOR GERMANY
This paper shows that the liberalisation of foreign direct investment (FDI) tends to make the effect of labour costs on domestic investment and labour demand more negative. Using data from Germany,Expand
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Beyond Leveraged Losses: The Balance Sheet Effects of the Home Price Downturn
This paper quantifies the impact of declining home prices, increasing mortgage credit losses, and the associated reduction in credit supply on real GDP growth. Using a state-level panel analysis, IExpand
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Foreign direct investment and factor demand elasticities
Abstract This paper argues that the liberalisation of foreign direct investment (FDI) has made labour costs more important to domestic investment and long-run labour demand. It provides evidence fromExpand
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Domestic Jobs and Foreign Wages
It is plausible that the labour demand decisions of multinational corporations (MNCs) depend not only on domestic, but also on foreign labour costs. This hypothesis is tested by estimating labourExpand
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FOREIGN DIRECT INVESTMENT , CAPITAL FORMATION AND LABOUR COSTS : EVIDENCE FROM BRITAIN AND GERMANY
This paper argues that the liberalisation of foreign direct investment (FDI) has made labour costs more important to domestic investment and long-run labour demand. It provides evidence from BritishExpand
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Blickfixationen und Blickbewegungen des Fahrzeugfuehrers sowie Hauptsichtbereiche an der Windschutzscheibe. Sudie I: Blickverteilung beim Fahren in Pkw bei Tageslicht; Studie II: Blickverteilung beim
Die Orte und Abfolgen der Blickzuwendung von Kraftfahrern zu messen, in Echtzeit in die Szenenbilder der gefahrenen Strecke einzurechnen und dies sichtbar zu machen, stellt seit langem ein bewaehrtesExpand