Zobrazeno 1 - 10
of 14
pro vyhledávání: '"Slacalek, Jirka"'
Autor:
Dossche, Maarten, Kolndrekaj, Aleksandra, Propst, Maximilian, Ramos Perez, Javier, Slacalek, Jirka
We use household surveys to describe differences in wages, income, wealth and liquid assets of households born in their country of residence ("natives") vs. those born in other EU and non- EU countries ("immigrants"). The differences in wealth are mo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::cf611d78f2dcbcd66ae6fca8f8f44403
https://hdl.handle.net/10419/269126
https://hdl.handle.net/10419/269126
To predict the effects of the 2020 U.S. "CARES" act on consumption, we extend a model that matches responses of households to past consumption stimulus packages. The extension allows us to account for two novel features of the coronavirus crisis. Fir
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::5e311b03e29ce79ebedbeff98a934cfa
https://hdl.handle.net/10419/229055
https://hdl.handle.net/10419/229055
Autor:
Lenza, Michele, Slacalek, Jirka
This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The aggregate effects of quantitative easing are estimated in a multi-country VAR model of the four largest euro area countries, in which k
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::c82433bbb45f8a0f4ca7e3d1de18a512
https://hdl.handle.net/10419/208224
https://hdl.handle.net/10419/208224
American households have received a triple dose of bad news since the beginning of the current recession: The greatest collapse in asset values since the Great Depression, a sharp tightening in credit availability, and a large increase in unemploymen
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::f8c7c41ebb65aa28f960391e92aa4add
https://www.econstor.eu/bitstream/10419/43213/1/606242775.pdf
https://www.econstor.eu/bitstream/10419/43213/1/606242775.pdf
We estimate the sticky information Phillips curve model of Mankiw and Reis (2002) using survey expectations of professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and the Uni
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::68e8c40715121997678295f2e31ddbf9
https://hdl.handle.net/10419/153364
https://hdl.handle.net/10419/153364
Das Papier untersucht die makroökonomischen Determinanten der Arbeitslosigkeit. Dabei werden die Argumente neoklassisch-monetaristischer, neukeynesianischer und postkeynesianischer Provinienz auf ihren Gehalt sowohl theoretisch wie empirisch überpr
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::464c26d666852c063c06c592b6090e14
https://hdl.handle.net/10419/103160
https://hdl.handle.net/10419/103160
Autor:
Slacalek, Jirka
This paper investigates the wealth effect for 16 industrial countries using the recently proposed technique that exploits the sluggishness of consumption growth. I estimate that the longrun marginal propensity to consume from wealth varies from less
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::3d2f1a6ad16dc551329a001c90fe9d83
https://hdl.handle.net/10419/18489
https://hdl.handle.net/10419/18489
This paper presents a simple new method for estimating the size of ‘wealth effects’ on aggregate consumption. The method exploits the well-documented sluggishness of consumption growth (often interpreted as ‘habits’ in the asset pricing liter
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::0c963c63852ae1a5663b91c4e2442aa1
https://hdl.handle.net/10419/72036
https://hdl.handle.net/10419/72036
We investigate the relevance of the Carrolls sticky information model of inflation expectations for four major European economies (France, Germany, Italy and the United Kingdom). Using survey data on household and expert inflation expectations we a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::4ada6193cdd5d02e0353ccab2611fff9
https://hdl.handle.net/10419/18464
https://hdl.handle.net/10419/18464
Autor:
Slacalek, Jirka
I construct a new dataset with financial and housing wealth in 16 countries and investigate the effect of wealth on consumption. The baseline estimation method based on the sluggishness of consumption growth implies that the long-run marginal propens
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::b2748ed2edb8f3bdaf51f13889c2bd6a
https://hdl.handle.net/10419/18540
https://hdl.handle.net/10419/18540