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Firing costs : eurosclerosis or eurosuccesses? : paper presented at the HWWA Workshop, August 26-27, 1999, on "Uncertainty and Factor Demands", organized by Michael Funke (Universi...

Chen, Yu-Fu; Snower, Dennis J.; Gylfi Zoega; Funke, Michael - HWWA Workshop on Uncertainty and Factor Demands <1999, …; … - 1999

In this paper we analyse the employment implications of firing restrictions. We find that when a recession is expected and the trend rate of productivity growth is small, a rise in firing costs affects mainly the hiring decision. Thus there is a negative effect on average employment. When, on...

Persistent link: https://www.econbiz.de/10011418198

Labour demand in Germany : an assessment of non-wage labour costs

Chen, Yu-Fu; Funke, Michael - 2003

The data indicate that non-wage labour costs in Germany have reached a record high in recent years. From 1972 to 2001, the ratio of non-wage labour costs to direct compensation in West German manufacturing industry rose from 55.6 per cent to 81.2 per cent. The topic of non-wage labour costs is...

Persistent link: https://www.econbiz.de/10011507925

Threshold effects of dismissal protection regulation and the emergence of temporary work agencies

Chen, Yu-Fu; Funke, Michael - In: Studies in nonlinear dynamics and econometrics : SNDE ; … 13 (2009) 4, pp. 1-27

Persistent link: https://www.econbiz.de/10009514161

Threshold effects of dismissal protection regulation and the emergence of temporary work agencies

Chen, Yu-Fu (contributor); Funke, Michael (contributor) - 2008

Persistent link: https://www.econbiz.de/10003631123

Threshold effects of dismissal protection regulations and employment dynamics

Chen, Yu-Fu (contributor); Funke, Michael (contributor) - 2006

Persistent link: https://www.econbiz.de/10003631134

Financial system reforms and China’s monetary policy framework : a DSGE-based assessment of initiatives and proposals

Funke, Michael; Paetz, Michael - 2012

Persistent link: https://www.econbiz.de/10009785767

Does the nominal exchange rate regime matter for investment?

Böhm, Hjalmar; Funke, Michael - 2001

This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate … exchange rate regimes indicates that currency volatility exerts only a small influence upon the level of investment spending …

Persistent link: https://www.econbiz.de/10011400788

Optimal investment strategies under demand and tax policy uncertainty

Boehm, Hjalmar; Funke, Michael - 2000

In this paper we offer an analysis of the effects of uncertainty about future tax policy on irreversible investment …. The main message of the paper is that investment is not much affected by the degreee of tax policy uncertainty. This is … that reducing tax policy uncertainty is probably no magic bullet to increase private investment spending …

Persistent link: https://www.econbiz.de/10009781588

A convex hull approach to counterfactual analysis of trade openness and growth

Funke, Michael; Gronwald, Marc - 2009

with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa. -- openness …

Persistent link: https://www.econbiz.de/10003854442

A Convex Hull Approach to Counterfactual Analysis of Trade Openness and Growth

Funke, Michael - 2009

with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa …

Persistent link: https://www.econbiz.de/10013158311