Essays in Econometrics and Macroeconomics [Elektronische Ressource] / Jörn Tenhofen. Rechts- und Staatswissenschaftliche Fakultät

Essays in Econometrics and MacroeconomicsInaugural-Dissertationzur Erlangung des Grades eines Doktorsder Wirtschafts- und Gesellschaftswissenschaftendurch dieRechts- und Staatswissenschaftliche Fakultat¨der Rheinischen Friedrich-Wilhelms-Universita¨tBonnvorgelegt vonJorn Tenhofen¨aus Rhede (Westf.)Bonn 2011iiDekan: Prof. Dr. Klaus SandmannErstreferent: Prof. Dr. Jorg Breitung¨Zweitreferent: Prof. Monika Merz, Ph.D.Tag der mundlichen Prufung: 15. Februar 2011¨ ¨Diese Dissertation ist auf dem Hochschulschriftenserver der ULB Bonn(http://hss.ulb.uni-bonn.de/diss online) elektronisch publiziert.iiito my parentsivAcknowledgmentsThis dissertation would not have been possible without the help and support of manypeople. I owe all of them a large debt of gratitude.First and foremost, I am deeply grateful to my two main advisors, J¨org Breitungand Monika Merz, for their continuing support, guidance, and advice throughoutthe dissertation process. I would especially like to thank them for tolerating my“disparate” research interests. Jorg Breitung gave me the freedom and support to¨develop and follow my own research agenda. He was always ready to discuss my workand other related issues and gave invaluable advice whenever I needed it. I learneda lot from him about doing research – in econometrics in particular –, creative work,and beyond. Monika Merz made countless suggestions and comments to improve mywork at all stages of the dissertation project.