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econ.GN2025
Forecasting House Prices
Emanuel Kohlscheen
This article identifies the factors that drove house prices in 13 advanced countries over the past 35 years. It does so based on Breiman s (2001) random forest model. Shapley value…
econ.GN2024
Effects of carbon pricing and other climate policies on CO2 emissions
Emanuel Kohlscheen, Richhild Moessner, Elod Takats
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive datab…
econ.GN2023
The shape of business cycles: a cross-country analysis of Friedman s plucking theory
Emanuel Kohlscheen, Richhild Moessner, Daniel Rees
We test the international applicability of Friedman s famous plucking theory of the business cycle in 12 advanced economies between 1970 and 2021. We find that in countries where l…