Showing 1 - 10 of 141
can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we follow the real … rate regimes obey common employment adjustment thresholds. …
Persistent link: https://www.econbiz.de/10005766184
the unemployment rate and increases the employment rate. From a theoretical point of view, higher progressivity induces a … wage-moderation effect and increases overall employment since employment of low-paid workers is more responsive. We test … average wage, we show that a more progressive taxation reduces the unemployment rate and increases the employment rate. These …
Persistent link: https://www.econbiz.de/10010682629
employment like labour costs and productivity, the skill level of the population, and demography. Considering that ownership may … be endogenous to (shocks in) employment, we use IV estimation methods. Overall, we find evidence in favour of the Oswald … significant fall in the employment rate by about 0.3 percentage points. Our results underscore the importance of including other …
Persistent link: https://www.econbiz.de/10008861865
intermediated credit and banking concentration is beneficial for employment when the degree of labour market regulation, union …
Persistent link: https://www.econbiz.de/10008596580
In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in 50 German industries from 1991 onward. The data is consistent with national accounts statistics provided by the German Federal Statistical Office and is based on investments in...
Persistent link: https://www.econbiz.de/10010877644
This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of currencies, the empirical strategy must account for the fact...
Persistent link: https://www.econbiz.de/10010535633
countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity …
Persistent link: https://www.econbiz.de/10009391719
The paper studies the dynamic macroeconomic effects of fiscal shocks of various duration (permanent and temporary) under different financing methods (lump-sum tax and government debt). To this end, we develop an intertemporal macroeconomic model for a small open economy, featuring monopolistic...
Persistent link: https://www.econbiz.de/10005094387
.S. industries. Our econometric framework exploits restrictions from dynamic theory and information from financial markets to …
Persistent link: https://www.econbiz.de/10005094449
We examine the interaction between goods trade and market power in domestic trade and distribution sectors. Theory …
Persistent link: https://www.econbiz.de/10005181406