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The takeover and selection effects of foreign ownership in Germany : an analysis using linked worker-firm data

Andrews, Martyn J.; Bellmann, Lutz; Schank, Thorsten; … - 2007

We use a linked employer-employee data set from Germany to estimate the wage effect of foreign-affiliates in East and … West Germany. In addition, the wage effects of the large number of West German affiliates which are located in East Germany … in West Germany, where it amounts to 2.7 %. …

Persistent link: https://www.econbiz.de/10003483740

Lockdown policies : a macrodynamic perspective for COVID-19

Busato, Francesco; Chiarini, Bruno; Cisco, Gianluigi; … - 2020

The COVID-19 pandemic is producing a global health and economic crisis. The entire globe is facing the trade-off between health and recessionary effects. This paper investigates this trade-off according to a macro-dynamic perspective. We set up and simulate a Dynamic Stochastic General...

Persistent link: https://www.econbiz.de/10012258268

Learning capitalism the hard way : evidence from German reunification

Triebs, Thomas P.; Tumlinson, Justin - 2016

We develop a model of firm learning in volatile markets with noisy signals and test its predictions using historical German data. Firms' forecasts improve with age. We exploit German Reunification as a natural experiment where firms in the East are treated with ignorance about the distribution...

Persistent link: https://www.econbiz.de/10011580632

The East German wage structure after transition

Orlowski, Robert; Riphahn, Regina T. - 2008

We extend the literature on transition economies' wage structures by investigating the returns to tenure and experience. This study applies recent panel data and estimation approaches that control for hitherto neglected biases. We compare the life cycle structure in East and West German wages...

Persistent link: https://www.econbiz.de/10003806001

Labor market sorting in Germany : presented at CESifo Area Conference on Employment and Social Protection, April 2016

Lochner, Benjamin; Schulz, Bastian - 2016

This paper analyzes the allocation of workers to jobs and the wage distribution in Germany. Our main contribution is to …

Persistent link: https://www.econbiz.de/10011524613

The empirical relevance of the new economic geography : testing for a spatial wage structure in Germany

Brakman, Steven; Garretsen, Harry; Schramm, Marc - 2000

-unification Germany. We find support for a spatial wage structure for German city-district wages, and hence indirectly for the relevance … of a new economic geography model for Germany. We also find that demand linkages in Germany are strongly localised and … that the old border still matters to the extent that economic interactions between western and eastern Germany are still …

Persistent link: https://www.econbiz.de/10009780204

Unoberserved components models for quarterly German GDP

Flaig, Gebhard - 2002

In this paper, an Unobserved Components Model is employed to decompose German real GDP into the trend, cycle and seasonal components and the working day effect. The most important findings are: 1) The growth rate of potential output declined from 4.2 per cent in the sixties to 1.4 per cent at...

Persistent link: https://www.econbiz.de/10011409368

Estimating the output gap using business survey data : a bivariate structural time series model for the German economy

Flaig, Gebhard; Ploetscher, Claudia - 2000

This paper deals with the estimation of the output gap. We use uni- and bivariate unobserved components models in order to decompose the observed German GDP-series into trend, cycle and seasonal components. The results show that using the ifo business assessment variable as an indicator for the...

Persistent link: https://www.econbiz.de/10009781503

Real and monetary challenges to wage policy in Germany at the turn of the millennium : technical progress, globalization and European monetary union

Franz, Wolfgang - 1999

At the turn of the millennium three frequently cited potential causes of new challenges for wage p olicy in Germany are …

Persistent link: https://www.econbiz.de/10009781695

Real wages and business cycle asymmetries : presented at CESifo conference "Academic Use of ifo Survey Data", December 2003

Woitek, Ulrich - 2004

and Germany to condition the relationship between real wages and business fluctuations on the phase of the cycle, it is … general, the evidence for countercyclical wages is stronger in Germany than for the US, but taken together there is no clear …

Persistent link: https://www.econbiz.de/10011449261

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