Similar Search Results

A nonparametric panel data approach to the cyclical dynamics of price-cost margins

Vaona, Andrea - Institut für Weltwirtschaft (IfW) - 2010

By using nonparametric and panel data econometrics, this paper re-assesses the effect of both the current level of economic activity and of future expected demand on the dynamics of the price mark-up over marginal cost in US manufacturing industries from 1958 to 1996. Consistently with previous...

Persistent link: https://www.econbiz.de/10008501743

Europe's Revolving Doors: Import Competition and Endogenous Firm Entry Institutions

Lastauskas, Povilas - Institut für Weltwirtschaft (IfW) - 2013

The close relationship between politics and enterprises made the revolving door wide open and reinforced business influence on political decisions. The paper analyses relationship between firm entry institutions and import competition inside the EU. Though there is a clear tendency for entry and...

Persistent link: https://www.econbiz.de/10010886832

Explaining the Variation in the Value of Building Energy Efficiency Certificates: A Quantitative Meta-Analysis

Ankamah-Yeboah, Isaac; Rehdanz, Katrin - Institut für Weltwirtschaft (IfW) - 2014

The built environment has been identified as one of the cost effective platforms for reducing energy demand and greenhouse gas emissions. With policies and the know-how in existence, the real estate sector has already adopted measures such as building codes and energy efficiency labels to drive...

Persistent link: https://www.econbiz.de/10010905576

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

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

productivity of a firm, the more likely it is to opt for centralized wage formation where it can hide behind less productive firms …

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

wage rate equal to their marginal productivity. However, this observation is not supported empirically for various … the Pigouvian exploitation rate. In this paper, the authors calculate this specific wage-productivity gap for the … government taxation, capital expansion, unionization, inflation. The authors find that the wage productivity gap gives a robust …

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

-side policies are effective mainly when they increase the economy’s overall productivity and thereby help overcome the labor market …

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