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Weathering the Crisis and Beyond : Perspectives for the Euro Area
Schmidt, Christoph M. - 2013
The euro area is experiencing a severe and highly complex crisis. It comprises three problem areas, the diffi culties … European banking system and disappointing growth prospects in the euro area periphery. To make matters even worse, these … fundamental doubts over its integrity. To overcome this systemic crisis, it would not be sufficient, if only the stronger euro …
Persistent link: https://www.econbiz.de/10013083667
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Beyond GDP and Back : What is the Value-Added by Additional Components of Welfare Measurement?
de New (née Kassenboehmer), Sonja C. - 2011
Recently, building on the highly polarizing Stiglitz report, a growing literature suggests that statistical offices and applied researchers explore other aspects of human welfare apart from material well-being, such as job security, crime, health, environmental factors and subjective...
Persistent link: https://www.econbiz.de/10013130648
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Labor Market Effects of Immigration - Evidence from Neighborhood Data
Sinning, Mathias - 2011
This paper combines individual-level data from the German Socio-Economic Panel (SOEP) with economic and demographic postcode-level data from administrative records to analyze the effects of immigration on wages and unemployment probabilities of high- and low-skilled natives. Employing an...
Persistent link: https://www.econbiz.de/10013125534
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Business Taxation and Wages – Evidence from Individual Panel Data
Bauer, Thomas K. - 2012
Empirical evidence on the degree of business-tax shifting to employees via the wage level is highly controversial and rare. It remains open to which extent the tax burden is shifted, whether there are differences for tax increases and decreases, or whether there exists some treatment...
Persistent link: https://www.econbiz.de/10013102759
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Interest Rate Pass-Through in the EMU – New Evidence from Nonlinear Cointegration Techniques for Fully Harmonized Data
Belke, Ansgar Hubertus - 2012
between loan rates and the Euro OverNight Index Average (EONIA). Based on these findings, we allow for different nonlinear …
Persistent link: https://www.econbiz.de/10013102761
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Inflation Forecasting with Inflation Sentiment Indicators
Doehrn, Roland - 2008
In this paper we argue that future inflation in an economy depends on the way people perceive current inflation, their inflation sentiment. We construct some simple measures of inflation sentiment which capture whether price acceleration is shared by many components of the CPI basket. In a...
Persistent link: https://www.econbiz.de/10012722363
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Transferability of Human Capital and Immigrant Assimilation - An Analysis for Germany
Basilio, Leilanie - 2010
This paper investigates the transferability of human capital across countries and the contribution of imperfect human capital portability to the explanation of the immigrant-native wage gap. Using data for West Germany, our results reveal that, overall, education and labor market experience...
Persistent link: https://www.econbiz.de/10013147991
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Exchange Rate Pass-Through into German Import Prices – A Disaggregated Perspective
Beckmann, Joscha - 2013
This study analyzes the exchange rate pass-through into German import prices based on disaggregated data taken on a monthly basis between 1995 and 2012. Our main contribution is twofold: firstly, we employ various time-series techniques to analyze data for different product categories, and also...
Persistent link: https://www.econbiz.de/10013077818
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Performance-Related Funding of Universities – Does More Competition Lead to Grade Inflation?
Bauer, Thomas K.; Grave, Barbara S. - 2011
German universities are regarded as being under-financed, inefficient, and performing below average if compared to universities in other European countries and the US. Starting in the 1990s, several German federal states implemented reforms to improve this situation. An important part of these...
Persistent link: https://www.econbiz.de/10014175929
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External Effects of Education : Human Capital Spillovers in Regions and Firms
Bauer, Thomas K.; Vorell, Matthias - 2010
Using a matched employer-employee panel dataset for Germany, we analyze the external effects of education on individual wages. Following the basic framework of Moretti (2004), we allow spillover effects to occur both within a specific firm and a specific region rather than analyzing spillover...
Persistent link: https://www.econbiz.de/10014191636