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The impacts of the EU ETS on efficiency : an empirical analyses for German manufacturing firms
Löschel, Andreas; Lutz, Benjamin Johannes; Managi, Shunsuke - 2016
We investigate the effect of the European Union Emissions Trading System (EU ETS) on the economic performance of … of the nearest neighbor matching suggest that the EU ETS rather had a positive impact on the economic performance of the … regulated firms, especially during the first compliance period. A subsample analysis confirms that EU ETS increased the …
Persistent link: https://www.econbiz.de/10011574888
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Employment effects of innovations over the business cycle : firm-level evidence from European countries
Dachs, Bernhard; Hud, Martin; Koehler, Christian; … - 2016
A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper, we investigate the employment effects of innovations...
Persistent link: https://www.econbiz.de/10011563081
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Innovation, creative destruction and structural change : firm-level evidence from European Countries
Dachs, Bernhard; Hud, Martin; Köhler, Christian; … - 2016
The shift of employment from lower to higher productive firms is an important driver for structural change and industry dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by product innovation may be offset by employment...
Persistent link: https://www.econbiz.de/10011563084
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Does foreign direct investment synchronise business cycles? : results from a panel approach
Fries, Claudia; Kappler, Marcus - 2015
This study readdresses the determinants of business cycle synchronisation. We test, on the one hand, whether FDI promoting policies may have consequences for the business cycle comovement between countries, and on the other hand, whether more plausible identification strategies change previous...
Persistent link: https://www.econbiz.de/10010519622
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An unemployment insurance scheme for the euro area? : a comparison of different alternatives using micro data
Dolls, Mathias; Fuest, Clemens; Neumann, Dirk; Peichl, … - 2014
We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed and assess their effectiveness to act as an insurance device in the presence of asymmetric macroeconomic shocks. Running counterfactual simulations based on micro data for the...
Persistent link: https://www.econbiz.de/10010425498
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Age and skill bias of trade liberalisation? : heterogeneous employment effects of EU Eastern Enlargement
Fries, Jan - 2014
new member countries actually entered the EU. German linked employer-employee data allow to observe the relation of …
Persistent link: https://www.econbiz.de/10010457910
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Did the introduction of the euro lead to money illusion? : empirical evidence from Germany
Bittschi, Benjamin; Duppel, Saskia - 2015
Using the introduction of the euro as a natural experiment, we provide economy-wide evidence for money illusion based on declared donations from German administrative income tax data. Our results suggest a magnitude of the money illusion effect between 2.4% and 7.6%. Compared to previous studies...
Persistent link: https://www.econbiz.de/10011316505
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Exchange rate regimes and fiscal discipline in OECD countries
Heinemann, Friedrich - 1999
not economic necessity have dictated the consolidation in the EU during the 90s. …
Persistent link: https://www.econbiz.de/10011442384
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The impact of monetary instruments on shock absorption in EU-countries
Müller, Claudia; Buscher, Herbert S. - 1999
The main characteristic of the implementation of the European Monetary Union (EMU) is the transition from various national currencies to the Euro, the common European currency. A final fixing of the individual bilateral exchange rates of all European countries involved in the Monetary Union...
Persistent link: https://www.econbiz.de/10011442518
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Business cycles in EU member states
Buscher, Herbert S. - 1999
The paper investigates the business cycle relationships between the EU-15, the EU-11, as well as the EU-core countries …In dem Beitrag wird der konjunkturelle Zusammenhang zwischen den EU-15, den EU-11 und den "Kern"-EU-Staaten für den …
Persistent link: https://www.econbiz.de/10011442599