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Research

Research Summary

Disagreement among Forecasters in G7 Countries
with Jonas Dovern and Ulrich Fritsche
August 2009      replication programs
Appendix with additional results


The American Consumer: Reforming, or just Resting?
with Christopher Carroll
June 2009     replication programs


International Evidence on Sticky Consumption Growth
with Christopher Carroll and Martin Sommer
March 2008, submitted (ECB WP 886, NBER WP 13876)     replication programs


Sticky Information Phillips Curves: European Evidence
with Jörg Döpke, Jonas Dovern and Ulrich Fritsche
February 2007, forthcoming Journal of Money, Credit, and Banking      


What Drives Personal Consumption? The Role of Housing and Financial Wealth
November 2006, submitted      replication programs
Link to the Economist article (October 13, 2006) citing this work


How Large Is the Housing Wealth Effect?
A New Approach
with Christopher Carroll and Misuzu Otsuka
NBER WP 12746 version
The paper and replication programs are also posted on Christopher Carroll's web page.
Link to the Economist article (October 13, 2006) citing this work


Sticky Expectations and Consumption Dynamics
with Christopher Carroll      
Available soon      


Labor Supply After Transition: Evidence from the Czech Republic
with Alena Bičáková and Michal Slavík
March 2008, submitted (ECB WP 887)      replication programs


Fiscal Implications of Personal Tax Adjustments in the Czech Republic
with Alena Bičáková and Michal Slavík
November 2006       replication programs      


The Dynamics of European Inflation Expectations
with Jörg Döpke, Jonas Dovern and Ulrich Fritsche
April 2006, forthcoming B.E. Journal of Macroeconomics (Topics)      replication programs
Previous, more detailed Deutsche Bundesbank Working Paper version


Analysis of Indexes of Consumer Sentiment
September 2005, in revision     


Productivity and the Natural Rate of Unemployment
November 2004      replication programs


International Evidence on Cointegration Between Consumption, Income and Wealth
November 2004      replication programs


Forecasting Consumption
November 2004      replication programs





Bode Museum, Berlin
Bode Museum, Berlin        
(click to see the whole picture)