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Pension Reform Options for Russia and Ukraine: A Critical Analysis of Available Options and Their Expected Outcomes (with a Focus on Labour Market, Industrial Restructuring and Pub...
Góra, Marek; Rohozynsky, Oleksandr; Sinyavskaya, Oxana - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010
Russia and Ukraine are in the process of many changes stemming from economic transition, restructuring, demographic change and other various ongoing challenges. In terms of the ongoing challenges in each country, there are specific problems related to historical developments, such as large scale...
Persistent link: https://www.econbiz.de/10008470334
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Job Flows, Demographics and the Great Recession
Sierminska, Eva; Takhtamanova, Yelena - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010
The recession the United States economy entered in December of 2007 is considered to be the most severe downturn the … country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 … - the highest we have seen since the 1982 recession. In this paper we examine the severity of this recession compared to …
Persistent link: https://www.econbiz.de/10008490045
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Distributional Impact of the Great Recession on Industry Unemployment for 1976-2011
Takhtamanova, Yelena; Sierminska, Eva - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
The recession the United States economy entered in December of 2007 is considered to be the most severe downturn the … country has experienced since the Great Depression. In this paper we decompose the changes in the unemployment rate by … examining worker ows into and out of unemployment during the last four recessions in the United States with a special focus on …
Persistent link: https://www.econbiz.de/10010567957
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Building the Minimum Wage: Germany's First Sectoral Minimum Wage and Its Impact on Wages in the Construction Industry
Rattenhuber, Pia - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011
The very first minimum wage in Germany was introduced in 1997 for blue-collar workers in sub-sectors of the construction industry. In the setting of a natural experiment blue-collar workers in neighboring 4-digit-industries and white-collar workers are used as control groups for...
Persistent link: https://www.econbiz.de/10008866019
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Sovereign Bond Yield Spreads: A Time-Varying Coefficient Approach
Bernoth, Kerstin; Erdogan, Burcu - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010
We study the determinants of sovereign bond yield spreads across 10 EMU countries between Q1/1999 and Q1/2010. We apply a semiparametric time-varying coefficient model to identify, to what extent an observed change in the yield spread is due to a shift in macroeconomic fundamentals or due to...
Persistent link: https://www.econbiz.de/10008740506
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The European Debt Crisis and Fiscal Reaction Functions in Europe 2000-2012
Baldi, Guido; Staehr, Karsten - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013
After the global financial crisis, some governments in the EU experienced serious debt financing problems, while others were less affected. This paper seeks to shed light on the divergent fiscal performance by assessing the fiscal conduct in the EU countries before and after the outbreak of the...
Persistent link: https://www.econbiz.de/10010896193
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Do Probit Models Help in Forecasting Turning Points in German Business Cycles?
Fritsche, Ulrich - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2001
state of recession must be controlled for. The results of our estimate are unsatisfactory on the whole. Only the ifo …
Persistent link: https://www.econbiz.de/10004963873
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Germany's Slump Explaining the Unemployment Crisis of the 1990s
Lindlar, Ludger; Scheremet, Wolfgang - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 1998
According to a widespread view, Germany's unemployment crisis is caused by rigid labour markets, low profitability and … Germany's unemployment rate since 1989, first because no distinction is drawn between the situation in the Eastern part of … negotiations. The unification shock to the East added at least 2.5 percentage points to Germany's overall unemployment rate, as …
Persistent link: https://www.econbiz.de/10009216268
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Credit Frictions and Labor Market Dynamics
Hristov, Atanas - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
We outline the case for credit frictions and a demand side aspect to labor market fluctuations. To illustrate the above proposition, we present a simple framework to analyze the joint dependence between a labor search problem in the labor market and a costly state verification problem in the...
Persistent link: https://www.econbiz.de/10010896114
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Long Memory in UK Real GDP, 1851-2013: An ARFIMA-FIGARCH Analysis
Caporale, Guglielmo Maria; Skare, Marinko - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014
1851-2013 by estimating a multivariate ARFIMA-FIGARCH model (with the unemployment rate and inflation as explanatory …
Persistent link: https://www.econbiz.de/10010786996