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Trade protection during the crisis: Does it deter foreign direct investment?

Görg, Holger; Labonte, Philipp - Institut für Weltwirtschaft (IfW) - 2011

specifications suggest that, depending on the empirical model, the implementation of a trade protection measure is associated with … about 40 to 80 percent lower FDI inflows. Trade protection does not appear to have any implications for the country’s FDI … actions related to intellectual property rights protection and other more trade related measures …

Persistent link: https://www.econbiz.de/10008869181

EU Integration and its Implications for Asian Economies – What we Know and What Not

Langhammer, Rolf J.; Schweickert, Rainer - Institut für Weltwirtschaft (IfW) - 2006

protection on Asian competitors, the desire of Asian countries to negotiate free trade agreements (FTA) with the US and Japan …

Persistent link: https://www.econbiz.de/10005755194

Cartel in the Indian cement industry: An attempt to identify it

Bejger, Sylwester - Institut für Weltwirtschaft (IfW) - 2012

This article is devoted to the problem of the detection of overt or tacit collusion equilibrium in the context of the choice of the appropriate econometric method, a choice that is determined by the amount of information that the observer possesses. The author addresses this problem in two...

Persistent link: https://www.econbiz.de/10010956067

Centralized vs. Decentralized Wage Formation: The Role of Firms’ Production Technology

Hirsch, Boris; Merkl, Christian; Müller, Steffen; … - Institut für Weltwirtschaft (IfW) - 2014

This paper is the first to show theoretically and empirically how firms' production technology affects the choice of their preferred wage formation regime. Our theoretical framework predicts, first, that the larger the total factor productivity of a firm, the more likely it is to opt for...

Persistent link: https://www.econbiz.de/10010886974

The Returns to Occupational Foreign Language Use: Evidence from Germany

Stoehr, Tobias - Institut für Weltwirtschaft (IfW) - 2013

This paper analyses the wage premia associated with workers' occupational use of foreign languages in Germany. After eliminating time-invariant unobserved heterogeneity and other confounding factors, sizable returns of about 10 percent to applying fluent English skills are found. Returns to...

Persistent link: https://www.econbiz.de/10010887011

Some Surprising Facts about Working Time Accounts and the Business Cycle

Balleer, Almut; Gehrke, Britta; Merkl, Christian - Institut für Weltwirtschaft (IfW) - 2014

This paper reveals that German firms with working time accounts (WTAs) show a similar separation and hiring behavior in response to revenue changes as firms without WTAs. This finding casts doubt on the popular hypothesis that WTAs were the key driver of the unusually small increase in German...

Persistent link: https://www.econbiz.de/10010905562

Wage-productivity gap in OECD economies

Elgin, Ceyhun; Kuzubas, Tolga Umut - Institut für Weltwirtschaft (IfW) - 2013

The Walrasian theory of labor market equilibrium predicts that in the absence of any market frictions, workers earn a wage rate equal to their marginal productivity. However, this observation is not supported empirically for various economies. Based on the neoclassical tradition, the ratio of...

Persistent link: https://www.econbiz.de/10010956140

Labor market rigidities and unemployment in Europe

Siebert, Horst - Institut für Weltwirtschaft (IfW) - 1997

The paper studies the major institutional changes that are at the root of the increase in the west European unemployment rate in the last quartercentury from below 3 percent to 11 percent. The institutional characteristics of wage bargaining, the tax wedge and the legal rules hamper the...

Persistent link: https://www.econbiz.de/10009276149

East German Unemployment: The Myth of the Irrelevant Labor Market

Merkl, Christian; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2008

This paper indicates that East Germany’s unemployment originates primarily in the labor market, caused by the fast wage adjustment after German reunification. We model the resulting labor market traps in a search and matching framework, show that they are difficult to overcome, and provide...

Persistent link: https://www.econbiz.de/10005076097

The acceptance of earnings losses after voluntary mobility

Schneck, Stefan - Institut für Weltwirtschaft (IfW) - 2010

Because rational individuals know that they cannot always get what they want, they are assumed to make appropriate adjustments. However, little is known about trade-off reasoning in labor market mobility decision making. The objective of this paper is to analyze the effect of commuting on the...

Persistent link: https://www.econbiz.de/10008611547