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According to Gibrat’s Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the beginning of the period examined. While earlier studies tended to confirm the Law, more recent research generally rejects it. This paper reconciles these two streams of...
Persistent link: https://www.econbiz.de/10005763509
compare effective average tax rates for different household types in France and Germany. Our analysis shows that the popular …. Actually, low income families with less than three children even fare better in terms of tax relief in Germany than in France …In this paper, we address the question whether family support via the income tax system is more generous in France than …
Persistent link: https://www.econbiz.de/10005762279
comparable enterprise level data from France, Germany, and the United Kingdom. Exporters are more productive and pay higher wages … significantly smaller in Germany, significantly larger in France, and does not differ significantly in the UK. The results for wages … services firms into exporting does not show up among firms from France and the UK where no statistically significant …
Persistent link: https://www.econbiz.de/10008611328
Germany and France are both Continental European welfare states with severe labor market problems such as low …
Persistent link: https://www.econbiz.de/10005566813
Germany and the United Kingdom. Based on nationally representative longitudinal data, our results show that work …
Persistent link: https://www.econbiz.de/10009371916
This paper compares the cyclical behaviour of male real wages in Germany and the UK using the German Socio … unemployment rate as the cyclical measure, we find real wages of stayers in the private sector in West Germany - but not East … Germany - to be procyclical, and quite sensitive to unemployment, comparable to the US and the UK. We find cyclicality in the …
Persistent link: https://www.econbiz.de/10005703499
Angesichts der gegenwärtigen Rezession hat die Politik in Deutschland die Leistungen der Kurzarbeit ausgeweitet, indem …
Persistent link: https://www.econbiz.de/10008615425
We investigate the returns to capital and capital accumulation using panel data of Peruvian micro enterprises (MEs). Marginal returns to capital are found to be very high at low levels of capital, but rapidly decreasing at higher levels. The dynamic analyses of capital accumulation in MEs...
Persistent link: https://www.econbiz.de/10010627842
Countries that have relatively fewer workers with a secondary education have smaller firms. The shortage of skilled workers limits the growth of more productive firms. Two factors influence the availability of skilled workers: i) the education level of the workforce and ii) large public sectors...
Persistent link: https://www.econbiz.de/10010884127
How and why does the firm size distribution differ across countries? Using two datasets covering more than 30 countries, this paper documents that several features of the firm size distribution are strongly associated with income per capita: the entrepreneurship rate and the fraction of small...
Persistent link: https://www.econbiz.de/10010884221