Showing 1 - 10 of 15
This paper presents the novel results from an internationally coordinated project by the International Banking Research Network (IBRN) on the cross-border transmission of conventional and unconventional monetary policy through banks. Teams from seventeen countries use confidential micro-banking...
Persistent link: https://www.econbiz.de/10011877813
firms' choice of governance structures for the employment relationship in Britain and in (western and eastern) Germany. Both …-employer collective bargaining clearly dominates in Germany. Econometric analyses show that more or less the same set of variables play a …
Persistent link: https://www.econbiz.de/10010266792
Modern trade theory emphasizes firm-level productivity differentials to explain the cross-border activities of non-financial firms. This study tests whether a productivity pecking order also determines international banking activities. Using a novel dataset that contains all German banks'...
Persistent link: https://www.econbiz.de/10003923511
Insufficient capital buffers of banks have been identified as one main cause for the large systemic effects of the recent financial crisis. Although higher capital is no panacea, it yet features prominently in proposals for regulatory reform. But how do increased capital requirements affect...
Persistent link: https://www.econbiz.de/10009570042
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10010260899
marginal employment range between -.4 (number of male workers in west Germany) to -1 (working hours for women). We illustrate …? social security contributions (SSC) on marginal employment in Germany. …
Persistent link: https://www.econbiz.de/10010324232
Using a linked employer-employee data set for Germany, this paper analyzes labour fluctuation and wage setting in a …
Persistent link: https://www.econbiz.de/10010266765
Using a linked employer-employee data set for Germany, this paper analyses wage setting in a cohort of newly founded … smaller in eastern than in western Germany. The wage differential is shown to decline over time as the newly founded firms …
Persistent link: https://www.econbiz.de/10010266791
In a small structural model we find asymmetries in the effects of monetary policy in Germany depending on whether the …
Persistent link: https://www.econbiz.de/10010274488
We analyse the decline in output volatility in Germany. A lower level of variance in an autoregressive model of output … error term variance (reduced impulses). In Germany the decline output volatility is due to a decline in the persistence of … sudden break. The evolution of Germany's short-term real interest rate volatility coincides with the change of the …
Persistent link: https://www.econbiz.de/10010274489