Maik H Wolters

Biographic Data

ID5738888
NAMEMaik H Wolters
GIVEN NAMESMaik H
FAMILY NAMEWolters
SIGNATUREWOLTERS M H
AFFILIATIONSUniversity of Würzburg
VERIFIEDNo
TOTAL WORKS4
TOTAL CITATIONS0
WORKS AS AUTHOR4
WORKS AS EDITOR0
FIRST PUBLICATION YEAR2021
LATEST PUBLICATION YEAR2024
H-INDEX0

  • Sudden stop

    Open AccessJochen Güntner, Magnus Reif et al.ARTICLEJournal of Applied Econometrics2024

    We use a structural vector autoregressive (SVAR) model to study the German natural gas market and investigate the impact of the 2022 Russian supply stop on the German economy. Combining conventional and narrative sign restrictions, we find that gas supply and demand shocks have large and persistent price effects, while output effects tend to be moderate. The 2022 natural gas price spike was driven by adverse supply shocks and positive storage dem…

  • The Federal Reserve's output gap

    Open AccessJosefine Quast, Maik H WoltersARTICLEJournal of Applied Econometrics2023

    Output gap revisions can be large even after many years. Real‐time reliability tests might therefore be sensitive to the choice of the final output gap vintage that the real‐time estimates are compared to. This is the case for the Federal Reserve's output gap. When accounting for revisions in response to the global financial crisis in the final output gap, the improvement in real‐time reliability since the mid‐1990s is much smaller than found by …

  • Reliable Real-Time Output Gap Estimates Based on a Modified Hamilton Filter

    Josefine Quast, Maik H WoltersARTICLEJournal of Business and Economic…2022

    We propose a simple modification of Hamilton’s time series filter that yields reliable and economically meaningful real-time output gap estimates. The original filter relies on 8 quarter ahead forecast errors of a simple autoregression of real GDP. While this approach yields a cyclical component that is hardly revised with new incoming data due to the one-sided filtering approach, it does not cover typical business cycle frequencies evenly, but m…

  • Technological Growth and Hours in the Long Run

    Open AccessMagnus Reif, Mewael F Tesfaselassie et al.ARTICLEEconomica2021References: 37

    Over the last few decades, hours worked per capita have declined substantially in many OECD economies. Using the standard neoclassical growth model with endogenous work–leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a permanent reduction in technological growth decreases steady‐state hours worked by increasing the consumption–output ratio. Our empirical analysis exploits cr…