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Testing sustainability of German fiscal policy : evidence for the period 1960 - 2003

Greiner, Alfred; Koeller, Uwe; Semmler, Willi - 2005

of the coefficient relevant for sustainability has been significantly positive over the time period considered. However …

Persistent link: https://www.econbiz.de/10002534799

Sectoral trends and cycles in Germany

Cheung, Yin-Wong; Westermann, Frank - 2001

We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture …

Persistent link: https://www.econbiz.de/10001597629

Inequality, well-being and institutions in Latin America and the Caribbean

Ahsan, Syed M.; Oberoi, Jaideep - 2003

This paper focuses on the role of "institutions" in the fight against poverty and inequality. Our view of institutions encompasses formal rules designed by polity (including those in the legal and economics sphere such as rules of property rights, contracts and liabilities) as well as informal...

Persistent link: https://www.econbiz.de/10001728869

Happiness, economy and institutions

Frey, Bruno S.; Stutzer, Alois - 2000

A cross-regional econometric analysis suggests that institutional factors in the form of direct democracy (via initiative and referenda) and of federal structure (local autonomy) systematically and sizeably raise self-reported individual well-being. This positive effect can be attributed to...

Persistent link: https://www.econbiz.de/10001459517

How to use indicators for "corporatism" in empirical applications

Leertouwer, Erik Christian; Haan, Jakob de - 2002

There exist many indicators for corporatism. Using a latent variables approach, we extract common aspects in 29 corporatism indicators which have been suggested in the literature and find two factors that can be identified as the degree of coordination between employers and trade unions, and the...

Persistent link: https://www.econbiz.de/10001682983

Labor courts, nomination bias, and unemployment in Germany

Berger, Helge; Neugart, Michael - 2006

Persistent link: https://www.econbiz.de/10003355664

The role of the IFO business climate indicator and asset prices in German monetary policy

Sterken, Elmer - 2004

We analyze the role of forward-looking indicators, like the IFO business climate indicator and asset prices, in German monetary transmission. We show that the use of both the IFO indicator and asset prices improves the performance and interpretation of a Vector AutoRegression (VAR) model of...

Persistent link: https://www.econbiz.de/10002176418

How weak is the weakest-link principle? : On the measurement of firm owners' control rights

Edwards, Jeremy S. S.; Weichenrieder, Alfons J. - 2004

The paper argues that the weakest link principle, which has been widely used as a measure of ultimate owners' control rights, has a number of serious problems. A theoretically more satisfactory method of measuring control rights, based on voting power indices, is proposed, and the different...

Persistent link: https://www.econbiz.de/10002176898

State visits and international trade

Nitsch, Volker - 2005

the travel activities of the heads of state of France, Germany and the United States between 1948 and 2003. My results …

Persistent link: https://www.econbiz.de/10003221934

Consumption, wealth and business cycles in Germany : presented at CESifo Area Conference on Macro, Money and International Finance, February 2005

Hamburg, Britta; Hoffmann, Mathias; Keller, Joachim - 2005

This paper studies the long-run relationship between consumption, asset wealth and income in Germany, based on data … these three variables from their common trend signal changes in asset prices, we find that for Germany they predict changes … Germany than in the Anglo-Saxon economies and the share of publicly traded equity in household wealth is much smaller in …

Persistent link: https://www.econbiz.de/10002798090