Similar Search Results

Modelling low pay transition probabilities, accounting for panel attrition, non-response, and initial conditions

Cappellari, Lorenzo; Jenkins, Stephen - 2004

We model annual low pay transition probabilities taking account of three potentially endogenous selections: two sample drop-out mechanisms (panel attrition, non-employment) and "initial conditions" (base-year low pay status). This model, and variants that ignore one or more of these selection...

Persistent link: https://www.econbiz.de/10011449938

Why so unhappy? : The effects of unionisation on job satisfaction

Bryson, Alex (contributor); Cappellari, Lorenzo (contributor) - 2005

We use linked employer-employee data to investigate the job satisfaction effect of unionisation in Britain. We depart from previous studies by developing a model that simultaneously controls for the endogeneity of union membership and union recognition. We show that a negative association...

Persistent link: https://www.econbiz.de/10002738380

Margins of international banking : is there a productivity Pecking order in banking, too?

Buch, Claudia M.; Koch, Cathérine Tahmee; Kötter, Michael - 2009

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

Do better capitalized banks lend less? : long-run panel evidence from Germany

Buch, Claudia M.; Prieto, Esteban - 2012

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

Labor demand during the crisis : what happened in Germany?

Bohachova, Olga; Boockmann, Bernhard; Buch, Claudia M. - 2011 - This version: October 2011

In Germany, the employment response to the post-2007 crisis has been muted compared to other industrialized countries …

Persistent link: https://www.econbiz.de/10009375256

Modelling low income transitions

Cappellari, Lorenzo; Jenkins, Stephen P. - 2002

We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a non-random sample) and for attrition (panel retention may also be non-random). Our econometric model is a form of...

Persistent link: https://www.econbiz.de/10010260797

Unit Labor Cost Growth Differentials in the Euro Area, Germany, and the US: Lessons from PANIC and Cluster Analysis

Fritsche, Ulrich; Kuzin, Vladimir N. - 2007

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

Asymmetric monetary policy effects in Germany

Tober, Silke; Kuzin, Vladimir N. - 2004

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

Declining Output Volatility in Germany : Impulses, Propagation, and the Role of Monetary Policy

Fritsche, Ulrich; Kuzin, Vladimir N. - 2004

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

Testing for convergence in stock markets: a non-linear factor approach

Caporale, Guglielmo Maria; Erdogan, Burcu; Kuzin, … - 2009

including monthly stock price indices for five EU countries (Germany, France, the Netherlands, Ireland and the UK) as well as …

Persistent link: https://www.econbiz.de/10010274513