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The Transmission of Monetary Policy to the Cost of Hedging
We analyze the transmission of monetary policy to the costs of hedging using options order book data. Monetary policy transmits to …
Matthias Fengler, Winfried Koeniger, Stefan Minger
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Optimal Compensation in Competitive Labor Markets with Heterogeneous Employers and Workers
We develop a model in which large risk-neutral firms and individual risk-averse consumers compete to employ heterogeneous workers by …
Samuel Haefner, Niklas Haeusle, Winfried Koeniger, Alexander Braun
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The Effect of Unconventional Fiscal Policy on Consumption – New Evidence based on Transactional Data
We use novel transaction-level card expenditure data to estimate the effect of the temporary value-added tax (VAT) cut in Germany 2020. …
Winfried Koeniger, Peter Kress
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Consumption Expenditures in Austria & Germany: new evidence based on transactional data
We analyze the novel transactional card expenditure data for Germany and Austria provided by Fable Data. We describe key features of …
Winfried Koeniger, Peter Kress, Jonas Lehmann
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Tax Incentives and Mortgage Amortization
Janosch Brenzel-Weiss, Winfried Koeniger, Arnau Valladares-Esteban
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