Quantitative Macroeconomics Working Papers

From Hamburg University, Department of Economics
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21207b: Efficient Simulation of DSGE Models with Inequality Constraints

Tom Holden and Michael Paetz

21207: Market and Non-Market Monetary Policy Tools in a Calibrated DSGE Model for Mainland China

Michael Funke, Michael Paetz and Qianying Chen

21206: The dynamics of catch-up and skill and technology upgrading in China

Michael Funke and Xi Chen

21204: A DSGE-based assessment of nonlinear loan-to-Value policies: Evidence from Hong Kong

Michael Funke and Michael Paetz

21112b: Housing Prices and the Business Cycle: An Empirical Application to Hong Kong

Michael Funke and Michael Paetz

21112: Tracking Chinese CPI inflation in real time

Michael Funke, Hao Yu and Aaron Mehrota

21111: Time is Running Out: The 2°C Target and Optimal Climate Policies

Michael Funke, Yu-Fu Chen and Nicole Glanemann

21110: The Signalling Channel of Central Bank Interventions: Modelling the Yen / US Dollar Exchange Rate

Michael Funke, Yu-Fu Chen and Nicole Glanemann

21108b: Institutional Uncertainty, Economic Integration, and Vertical Foreign Direct Investment Decisions

Michael Funke and Yu-Fu Chen

21108: Environmental policy under model uncertainty: a robust optimal control approach

Michael Funke and Michael Paetz

21107: Dark Clouds or Silver Linings? Knightian Uncertainty and Climate Change

Michael Funke, Yu-Fu Chen and Nicole Glanemann

21105: Global warming and extreme events: Rethinking the timing and intensity of environment policy

Michael Funke, Yu-Fu Chen and Aaron Mehrota

21102: Drifting together of falling apart? The empirics of regional economic growth in post-unification Germany

Michael Funke, Roberta Colavecchio and Declan Curran

21101: The emergence and spatial distribution of Chinese seaport cities

Michael Funke and Hao Yu

21011: What can an open-economy DSGE model tell us about Hong Kong’s housing market?

Michael Funke and Michael Paetz

21009: Stock market wealth effects in an estimated DSGE model for Hong Kong

Michael Funke, Michael Paetz and Ernest Pytlarczyk

21007b: Global warming and extreme events: Rethinking the timing and intensity of environment policy

Michael Funke and Yu-Fu Chen

21007: Booms, recessions and financial turmoil: A fresh look at investment decisions under cyclical uncertainty

Michael Funke and Yu-Fu Chen

21006: Off-the-record target zones: Theory with an application to Hong Kong's currency board

Michael Funke, Yu-Fu Chen and Nicole Glanemann

20912: A soft target zone model: Theory and application to Hong Kong

Michael Funke, Yu-Fu Chen and Nicole Glanemann

20911: Institutional uncertainty, economic integration and vertical foreign direct investment decisions

Michael Funke and Yu-Fu Chen

20909b: China's new labour contract law: No harm to employment?

Michael Funke and Yu-Fu Chen

20909: Economic Growth Across Chinese Provinces: In Search of Innovation-Driven Gains

Michael Funke and Hao Yu

20908: Booms, Recessions and Financial Turmoil: A Fresh Look at Investment Decisions under Cyclical Uncertainty

Michael Funke and Yu-Fu Chen

20906: A Convex Hull Approach to Counterfactual Analysis of Trade Openness and Growth

Michael Funke and Marc Gronwald

20903: Volatility dependence across Asia-Pacific onshore and offshore currency forwards markets

Michael Funke and Roberta Colavecchio

20812b: The undisclosed Renminbi Basket: are the markets telling us something about where the Renminbi - US Dollar Exchange Rate is going?

Michael Funke and Marc Gronwald

20812: Volatility Transmission between Renminbi and Asia-Pacific on-shore and off-shore U.S. dollar futures

Michael Funke and Roberta Colavecchio

20809: The Cross-Section of Output and Inflation in a Dynamic Stochastic General Equilibrium Model with Sticky Prices

Michael Funke, Sebastian Weber, Jörg Döpke and Sean Holly

20806: Trade, product variety and welfare: a quantitative assessment for mainland China

Ralf Ruhwedel and Michael Funke

20804: The undisclosed Renminbi Basket: are the markets telling us something about where the Renminbi - US Dollar Exchange Rate is going?

Marc Gronwald and Michael Funke

20803: Volatility Transmission between Renminbi and Asia-Pacific on-shore and off-shore U.S. dollar futures

Roberta Colavecchio and Michael Funke

20802: Product Market Competition, Investment and Employment-Abundant versus Job-Poor Growth: A Real Options Perspective

Yu-Fu Chen and Michael Funke

20711: Robust Control and Persistence in the New Keynesian Economy

Michael Paetz

20710: Economic Growth across Space and Time: subprovincial Evidence from Mainland China

Declan Curran, Michael Funke and Jue Wang

20708: Volatility dependence across Asia-Pacific on-shore and off-shore U.S. dollar futures markets

Roberta Colavecchio and Michael Funke

20703: Environmental Policy Under Model Uncertainty: A Robust Optimal Control Approach

Michael Funke and Michael Paetz

20611: Taxation, Growth and Welfare: Dynamic Effects of Estonia´s 2000 Income Tax Act

Michael Funke and Holger Strulik

20609: The Within-Distribution Business Cycle Dynamics of German Firms

Sebastian Weber and Joerg Doepke

20608: Explaining Output Volatility: the Case of Taxation

Olaf Posch

20606: Taking the Temperature - Forecasting GDP Growth for Mainland China

Declan Curran and Michael Funke

20511: Non-Wage Labour Costs, Policy Uncertainty and Labour Demand - a Theoretical Assessment

Yu-Fu Chen and Michael Funke

20510: Product Market Competition, Investment and Employment-Abundant versus Job-Poor Growth: A Real Options Perspective

Yu-Fu Chen and Michael Funke

20509: Drifting Together or Falling Apart? The Empirics of Regional Economic Growth in Post-Unification Germany

Roberta Colavecchio, Declan Curran and Michael Funke

20508: The Cross-Sectional Dynamics of German Business Cycles: A Bird´s Eye View

Michael Funke, Sebastian Weber, Jörg Döpke and Sean Holly

20507: Inflation in Mainland China - Modelling a Roller Coaster Ride

Michael Funke

20505: Growth and Convergence in a Two-Region Model: The Hypothetical Case of Korean Unification

Michael Funke and Holger Strulik

20504: Just how Undervalued is the Chinese Renminbi

Michael Funke and Jörg Rahn

20503: Threshold Effects and Regional Economic Growth-Evidence from West Germany

Michael Funke and Annekatrin Niebuhr

20502: Export Variety and Economic Growth in East European Transition Economies

Ralf Ruhwedel and Michael Funke