Showing 1 - 10 of 43
Using unit labor cost (ULC) data from Euro area countries as well as US States and German L¨ander we investigate inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models. All in all we cannot reject convergence of ULC growth...
Persistent link: https://www.econbiz.de/10010260904
This paper studies the impact of process and product innovations introduced by firms on employment growth in these firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to innovative and unchanged products is developed and estimated...
Persistent link: https://www.econbiz.de/10010298693
In letzter Zeit sind die Inflationsraten weltweit kräftig gestiegen. Als Reaktion erhöhte die Europäische Zentralbank (EZB) Anfang Juli ihren Leitzins. Jörg Krämer, Commerzbank, sieht diese Zinserhöhung als notwendig an, da die entscheidenden, langfristigen Inflationserwartungen im Laufe...
Persistent link: https://www.econbiz.de/10011692814
; die unmittelbaren Maßnahmen der Kontaktbeschränkung in Deutschland hatten infolge mangelnder Konsummöglichkeiten zudem …
Persistent link: https://www.econbiz.de/10012604981
EU und in Deutschland, die unter Berücksichtigung der Schuldentragfähigkeit die konjunkturelle Stabilisierung und die …
Persistent link: https://www.econbiz.de/10012604982
In letzter Zeit sind die Inflationsraten weltweit kräftig gestiegen. Als Reaktion erhöhte die Europäische Zentralbank (EZB) Anfang Juli ihren Leitzins. Jörg Krämer, Commerzbank, sieht diese Zinserhöhung als notwendig an, da die entscheidenden, langfristigen Inflationserwartungen im Laufe...
Persistent link: https://www.econbiz.de/10005055985
The shift of employment from lower to higher productive firms is an important driver for structural change and industry dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by product innovation may be offset by employment...
Persistent link: https://www.econbiz.de/10014124162
A growing literature investigates how firms’ innovation input reacts to changes in the business cycle. However, so far there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper, we investigate the employment effects of innovations...
Persistent link: https://www.econbiz.de/10014124166
A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper, we investigate the employment effects of innovations...
Persistent link: https://www.econbiz.de/10012963721
This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that the crisis is not primarily a “sovereign debt crisis” but rather a (twin) banking and balance of payments crisis. Intra-area competitiveness and current account imbalances,...
Persistent link: https://www.econbiz.de/10013106538