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Distant Event, Local Effects? Fukushima and the German Housing Market
Bauer, Thomas K.; Braun, Sebastian; Kvasnicka, Michael - Institut für Weltwirtschaft (IfW) - 2013
The Fukushima Daiichi accident in Japan in March 2011 caused a fundamental change in Germany's energy policy which led … to the immediate shut down of nearly half of its nuclear power plants. This paper uses data from Germany's largest …
Persistent link: https://www.econbiz.de/10010886838
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The sensitivity of distributional measures to the reference period of income
Schröder, Carsten - Institut für Weltwirtschaft (IfW) - 2012
When individual or household incomes are collected for administrative or scientific surveys, the reference period of income is sometimes a month, sometimes a quarter, and sometimes a year. This reference period of income likely affects the shape of the distribution and derived measures of...
Persistent link: https://www.econbiz.de/10010886845
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Productivity and the Product Scope of Multi-product Firms: A Test of Feenstra-Ma
Raff, Horst; Wagner, Joachim - Institut für Weltwirtschaft (IfW) - 2012
Feenstra and Ma (2008) develop a monopolistic competition model where firms choose their optimal product scope by balancing the profits from a new variety against the costs of “cannibalizing” sales of existing varieties. While more productive firms always have a higher market share, there is...
Persistent link: https://www.econbiz.de/10010886899
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Centralized vs. Decentralized Wage Formation: The Role of Firms’ Production Technology
Hirsch, Boris; Merkl, Christian; Müller, Steffen; … - Institut für Weltwirtschaft (IfW) - 2014
setting due to labor cost and straitjacket effects. As firms in Germany are allowed to choose their wage formation regime, we … test these two hypotheses with representative establishment data for West Germany. We find that establishments with …
Persistent link: https://www.econbiz.de/10010886974
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Foreign Ownership and the Extensive Margins of Exports: Evidence for Manufacturing Enterprises in Germany
Raff, Horst; Wagner, Joachim - Institut für Weltwirtschaft (IfW) - 2013
exports and take this model to data from Germany, one of the leading actors on the world market for goods. In line with …
Persistent link: https://www.econbiz.de/10010886982
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The granular nature of the great export collapse in German manufacturing industries, 2008/2009
Wagner, Joachim - Institut für Weltwirtschaft (IfW) - 2012
the micro-structure of the recent export collapse in manufacturing industries in Germany during the crisis of 2008 …
Persistent link: https://www.econbiz.de/10010956149
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Business Cycle Volatility in Germany
Buch, Claudia M.; Doepke, Joerg; Pierdzioch, Christian - Institut für Weltwirtschaft (IfW) - 2002
structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely ‘good luckÂ’. …
Persistent link: https://www.econbiz.de/10005755211
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Does Domestic Offshoring Precede International Offshoring? Industry-level Evidence
Bade, Franz-Josef; Bode, Eckhardt; Cutrini, Eleonora - Institut für Weltwirtschaft (IfW) - 2011
This paper presents descriptive evidence suggesting that there may be something to be learned about the future patterns of international offshoring from the recent patterns of “domestic offshoring”, the relocation of activities across regions within countries. Industries appear to offshore...
Persistent link: https://www.econbiz.de/10009021850