| 
	
	
		| Michael  Donadelli  | 
	
	
		| Research Center SAFE and Goethe University Frankfurt | 
	
	
		|   | 
	
	
		 | 
	
	
		 | 
	
	
		 | 
	
	
		| ,   | 
	
	
		 | 
	
	
		|   | 
	
	
		| michael.donadelli@gmail.com | 
	
	
		|   | 
	
	
		 | 
	
	
		|   | 
	
	
		|   | 
	
	
		|   | 
	
	
		|   | 
	
	
		|   | 
	
	
		JEL Areas: E2 : Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data) E3 : Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data) |