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Empirical macromodels under test : a comparative simulation study of the employment effects of a revenue neutral cut in social security contributions
Buscher, Herbert S.; Buslei, Hermann; Göggelmann, Klaus; … - 1998 - Preliminary version
In the paper we simulate a revenue-neutral cut in the social security contribution rate using five different types of macro- / microeconomic models, namely two models based on time-series data where the labour market is modelled basically demand oriented, two models of the class of computable...
Persistent link: https://www.econbiz.de/10011442295
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Quasi-Monte Carlo methods in stochastic simulations : an application to fiscal policy simulations using an aggregate disequilibrium model of the West German economy 1960-1994
Franz, Wolfgang; Göggelmann, Klaus; Schellhorn, Martin; … - 1998
Different stochastic simulation methods are used in order to check the robustness of the outcome of policy simulations … possible margin. Because of nonlinearities confidence intervals for the simulation results have to be obtained by means of … stochastic simulations. The main contribution of this paper consists in presenting the simulation results. The robustness of …
Persistent link: https://www.econbiz.de/10011441040
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A macroeconomic model for the evaluation of labor market reforms
Krebs, Tom; Scheffel, Martin - 2010
We develop a tractable macroeconomic model with employment risk and labor market search in order evaluate the effects of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who can invest in risk-free physical capital and risky human...
Persistent link: https://www.econbiz.de/10008651589
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Investment and employment adjustment after unification : some results from a macroeconometric disequilibrium model
Radowski, Daniel; Smolny, Werner; Winker, Peter - 1999
The macroeconomic development in West Germany in the aftermath of unification was characterized by a boom period in 1990/1991, a deep recession in 1992/1993 and a slow recovery since then. In East Germany, in contrast, unification induced a breakdown of production and employment followed by a...
Persistent link: https://www.econbiz.de/10011443447
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Modeling German unification in a disequilibrium framework
Winker, Peter; Smolny, Werner; Radowski, Daniel - 1999
Unification fundamentally changed the terms of quantitative macroeconomic analysis for Germany. Two main areas concerned are data availability for the eastern part of Germany and structural changes within the behavioural equations after unification. Our paper presents results from the estimation...
Persistent link: https://www.econbiz.de/10011443482
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Ex-post assessment of merger effects : the case of Pfizer and Pharmacia (2003)
Leheyda, Nina; Beschorner, Patrick Frank Ernst; … - 2011
The paper studies the effects of the Pfizer and Pharmacia (2003) merger on competition in the Swiss pharmaceutical market and compares the assessment of the Swiss Competition Commission (COMCO) with the post-merger market developments. We find that the merger has had a miniscule impact on the...
Persistent link: https://www.econbiz.de/10009011228
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The effects of the block exemption regulation reform on the Swiss car market
Leheyda, Nina; Beschorner, Patrick Frank Ernst; … - 2011
general market developments that have led to stronger competition in Switzerland. -- Vertical agreements ; automobile market …
Persistent link: https://www.econbiz.de/10009011236
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Economic impacts of a premature nuclear phase-out in Switzerland
Böhringer, Christoph; Wickart, Marcel; Müller, André - 2001
" (MOP), both of which contain a premature phase-out of nuclear power in Switzerland. While MOP restricts business … the case of MOP. If Switzerland were to assure carbon neutrality of a premature phase-out by the use of carbon taxes …
Persistent link: https://www.econbiz.de/10011447033
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Sovereign bond market reactions to fiscal rules and no-bailout clauses : the Swiss experience
Feld, Lars P.; Kalb, Alexander; Moessinger, Marc-Daniel; … - 2013
We investigate the political determinants of risk premiums which sub-national governments in Switzerland have to pay …
Persistent link: https://www.econbiz.de/10009746353
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The German labour market reforms in a European context : a DSGE analysis
Fries, Claudia; Seymen, Atılım - 2013
While a widespread consensus exists among macroeconomists that the German labour market reforms in 2003-2005 have successfully contributed to the decline of the unemployment rate, critics claim that the reforms led to wage restraint and consequently consumption dampening accompanied by...
Persistent link: https://www.econbiz.de/10010204043