Showing 1 - 10 of 45
I investigate how political uncertainty influences corporate investment decisions employing a unique panel dataset of German manufacturing firms. I use data on firms' self-reported investment realizations, plans and revisions. The firm-specific user cost of capital captures the current...
Persistent link: https://www.econbiz.de/10011539894
Persistent link: https://www.econbiz.de/10009658043
In this paper, we utilise data from a German population survey to test the validity of the Ricardian equivalence theorem (RET). In 2013, 2,000 representatively chosen people were asked whether they have altered their consumption and saving behaviour in response to the significant increase in...
Persistent link: https://www.econbiz.de/10011574144
This paper estimates a medium-scale open economy DSGE model for Germany and the rest of the Euro Area (REA). The … parameter estimates indicate that there is a modest degree of structural heterogeneity between Germany and the rest of the Euro … Area. In particular, (i) the private sector in Germany tends to adjust its capital stock faster than its counterpart in the …
Persistent link: https://www.econbiz.de/10011436405
Using microdata that serve as the foundation of the ifo Business Climate Index, Germany's leading business cycle …
Persistent link: https://www.econbiz.de/10011542240
We analyze the most important drivers of the recent rise in overall German wage dispersion and pin down the relative contribution of central establishment and worker characteristics. Moreover, we separately investigate the drivers of between as well as within establishment wage dispersion. Using...
Persistent link: https://www.econbiz.de/10011486998
inequality in Germany. We believe that it is important to be precise in the way in which we define the inequality measure and the … income inequality in Germany does not seem to find strong support in the data. In particular, we find that current low levels … limitations we briefly analyse recent trends in wealth inequality in Germany, and discuss the possible role of recent …
Persistent link: https://www.econbiz.de/10011487003
contrast with previous evidence of zero skill effects of compulsory schooling in Germany. …
Persistent link: https://www.econbiz.de/10012126089
We study the short- to medium-run effects of starting a career on a fixed-term contract on subsequent fertility outcomes. We focus on the career start since we expect that temporary contracts and their inherent economic uncertainty implies a path dependency which might have spill-over effects on...
Persistent link: https://www.econbiz.de/10010417103
Information about teachers' effectiveness at the hiring stage is particularly scarce despite its importance for personnel decisions. Using the German setting of teacher training, I investigate the relationship of teachers' pre-service cognitive and pedagogical skills as measured by two state...
Persistent link: https://www.econbiz.de/10011758096