Page - (000231) - in The Austrian Business Cycle in the European Context
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a. Steffen Kern
The Behaviour of Interest
Groups in Trade and Industry
Towards Monetary Policy and
Central Banks
Theory and Evidence on Germany and the Euro Area
Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2006.
381 pp., num. fig., tab. and graf.
Studien zu lnternationalen Wirtschaftsbeziehungen. Edited by Michael Frenkel.
Vol. 6
ISBN 978-3-631-54615-4 · pb. € 59. 70*
This study investigates the behaviour of private interest groups towards
monetary policy and central banks. It explores the extent to which interest
groups seek to influence monetary policy and their motivations for doing so -
or for refraining from doing so. Where evidence for interest group activity with
respect to monetary decisions can be found, the study aims to identify the ways
in which groups communicate with policymakers. The behaviour of interest
groups in the area of monetary policymaking is investigated by means of an
empirical case study of the relations between interest groups and the Deutsche
Bundesbank in Germany as well as the potential impact of introduction of the
single European currency and establishment of the ECB. The study evaluates
the relevance of the institutional setting, policy issues and other factors.
Contents: Monetary policymaking in Germany · Institutional context: the
Deutsche Bundesbank · Issue context: monetary policy in Germany · Exposure
of trade and industry to monetary policy · Group context: industry and trade
associations in Germany · Analysis of interest group behaviour in Germany
and at EU level · Interest group activity after entry into EMU • Channels of
communication of interests
Frankfurt am Main · Berlin · Bern · Bruxelles · New York · Oxford · Wien
Distribution: Verlag Peter Lang AG
Moosstr. 1, CH-2542 Pieterlen
Telefax 0041(0)32/3761727
*The €-price includes German tax rate
Prices are subject to change without notice
Homepage http://www.peterlang.de
The Austrian Business Cycle in the European Context
Forschungsergebnisse der Wirtschaftsuniversitat Wien
- Title
- The Austrian Business Cycle in the European Context
- Author
- Marcus Scheiblecker
- Publisher
- PETER LANG - lnternationaler Verlag der Wissenschaften
- Location
- Frankfurt
- Date
- 2008
- Language
- English
- License
- CC BY 4.0
- ISBN
- 978-3-631-75458-0
- Size
- 14.8 x 21.0 cm
- Pages
- 236
- Keywords
- Economy, Wirtschaft, WIFO, Vienna
- Categories
- International
- Recht und Politik
Table of contents
- Zusammenfassung V
- Abstract IX
- List of figures and tables XV
- List of abbreviations XVII
- List of variables XIX
- 1. Research motivation and overview 1
- 2. The data 7
- 3. Methods of extracting business cycle characteristics 13
- 4. Identifying the business cycle 41
- 5. Analysing cyclical comovements
- 6. Dating the business cycle 61
- 7. Analysis of turning points 71
- 8. Results 79
- 9. Comparing results with earlier studies on the Austrian business cycle 125
- 9.1 Comparing the results with the study by Altissimo et al. (2001) 126
- 9.2 Comparing the results with the study by Monch -Uhlig (2004) 128
- 9.3 Comparing the results with the study by Cheung -Westermann (1999) 130
- 9.4 Comparing the results with the study by Brandner -Neusser (1992) 131
- 9.5 Comparing the results with the study by Forni - Hallin -Lippi -Reich/in (2000) 132
- 9.6 Comparing the results with the study by Breitung -Eickmeier (2005) 134
- 9.7 Comparing the results with the study by Artis - Marcellino - Proietti (2004) 134
- 9.8 Comparing the results with the study by Vijselaar -Albers (2001) 140
- 9.9 Comparing the results with the study by Artis - Zhang (1999) 142
- 9.10 Comparing the results with the study by Dickerson -Gibson -Tsakalotos (1998) 142
- 9.11 Comparing the results with the study by Artis - Krolzig - Toro (2004) 143
- 9.12 Comparing the results with the dating calendar of the CEPR 146
- 9.13 Comparing the results with the study by Breuss ( 1984) 151
- 9.14 Comparing the results with the study by Hahn - Walterskirchen ( 1992) 153
- 9.15 Comparison of the results of different dating procedures 154
- 9 .15.1 Turning point dates of the Austrian business cycle 155
- 9 .15.2 Turning point dates of the euro area business cycle 156
- 10. Concludlng remarks 161
- References 169
- Annex 177