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New insights into the development of regional unemployment disparities : conference paper

Werner, Daniel - 2014 - This version: 27th February 2014, Preliminary

over time. It examines the hypothesis of convergence for regional unemployment rates of western German Federal States and … the time period 1968 to 2009 following different concepts of convergence. Western German regional unemployment rates … exhibit beta-convergence but no sigma-convergence. Further, regional unemployment rates show a high degree of intra …

Persistent link: https://www.econbiz.de/10010484764

Mobile telecommunications infrastructure and economic growth : evidence from China

Ward, Michael R.; Zheng, Shilin - 2014

We contribute to the role of telecommunications infrastructure on economic growth in three ways. We separately examine fixed-line and mobile telephone subscription levels. We compare results across periods and regions that differ by the level of development. In addition, we develop a method...

Persistent link: https://www.econbiz.de/10010399528

Does foreign aid really attract foreign investors? : new evidence from panel cointegration ; conference paper

Donaubauer, Julian - 2014

This paper examines whether foreign aid contributes to attracting foreign direct investment (FDI) in aid receiving countries. Using both homogeneous and heterogeneous panel cointegration techniques, I find that the effect of foreign aid on FDI is negative. This is in contrast to previous studies...

Persistent link: https://www.econbiz.de/10010487263

Human capital externalities vs. substitution effects as determinants of regional wages : evidence from German micro data ; conference paper

Thönnessen, Rasmus - 2014

This article reconsiders the empirical evidence on regional human capital externalities using longitudal survey data from the German Socio-Economic Panel (SOEP). It complements the empirical literature on the role of human capital for explaining regional wage differences. Based on the framework...

Persistent link: https://www.econbiz.de/10010483267

Euro membership and fiscal reaction functions : conference paper

Weichenrieder, Alfons J.; Zimmer, Jochen - 2013

Using fiscal reaction functions for a panel of actual euro-area countries the paper investigates whether euro membership has reduced the responsiveness of countries to increases in the level of inherited debt compared to the period prior to succession to the euro. While we find some evidence for...

Persistent link: https://www.econbiz.de/10010336749

Do public investments increase employment in a recession? : evidence from Germany ; conference paper

Buchheim, Lukas; Watzinger, Martin - 2013

In 2009, Germany invested 15.4 Billion Euro in infrastructure to avert the looming recession. In this study, we evaluate whether the German stimulus program was successful in limiting the impact of the crisis on the job market. We exploit exogenous cross-sectional variation to identify the...

Persistent link: https://www.econbiz.de/10010341046

Sovereign default risk premia and state-dependent twin deficits : conference paper

Hürtgen, Patrick; Rühmkorf, Ronald - 2013 - This version: August 7, 2013

This paper studies the impact of the state-dependent risk of a government default on the correlation of the scal balance and current account. We use a small open economy model where nonlinear risk premia arise endogenously when the government operates close to its scal limit, i.e. the maximum...

Persistent link: https://www.econbiz.de/10010341080

Getting into GEAR : German and the rest of Euro area fiscal policy during the crisis ; conference paper

Gadatsch, Niklas; Hauzenberger, Klemens; Stähler, Nikolai - 2014

In this paper, we use the estimated three-region DSGE model GEAR, which pictures Germany, the Euro Area and the Rest of the world and which is used by the Deutsche Bundesbank for policy analysis, to analyze how discretionary fiscal policy in Germany and the rest of EMU affected GDP growth and...

Persistent link: https://www.econbiz.de/10010486694