Narrow search
Showing 1 - 10 of 263
Cover Image
On the job search and the wage distribution
Christensen, Bent Jesper; Mortensen, Dale; Neumann, … - 2000
The estimates of the structural parameters of a job separations model derived from the theory of on-the-job search are … dispersion across employers exists in the sense that different employers offer different wages to the same worker, the theory …
Persistent link: https://www.econbiz.de/10009612015
Cover Image
Structural vector autoregressive models and monetary policy analysis
Holtemöller, Oliver - 2002
possibility is to adopt restrictions from economic theory. The purpose of this paper is to investigate the implications of the …
Persistent link: https://www.econbiz.de/10009620773
Cover Image
Was there a regime change in the German monetary transmission mechanism in 1983?
Candelon, Bertrand; Lütkepohl, Helmut - 2000
Recent investigations of the transmission mechanism of German monetary policy arrive at quite different conclusions regarding its stability during the period of monetary targeting by the Bundesbank. In this study small dynamic models for the monetary sector of the German economy are analyzed in...
Persistent link: https://www.econbiz.de/10009583433
Cover Image
Lag selection in subset VAR models with an application to a US monetary system
Brüggemann, Ralf; Lütkepohl, Helmut - 2000
Alternative modeling strategies for specifying subset VAR models are considered. It is shown that under certain conditions a testing procedure based on t-ratios is equivalent to sequentially eliminating lags that lead to the largest improvement in a prespecified model selection criterion. A...
Persistent link: https://www.econbiz.de/10009583885
Cover Image
Taylor rules and macroeconomic instability or how the Central Bank can pre-empt sunspot expectations
Weder, Mark (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001917100
Cover Image
Germany’s labor market problems : what to do and what not to do? ; a survey among experts
Profit, Stefan; Tschernig, Rolf - 1998
In this study we collect information on what economists would suggest for reducing German unemployment. This was done by conducting a detailed survey containing 35 measures at two conferences of different kind. One conference was a small conference at the Humboldt-University in Berlin attended...
Persistent link: https://www.econbiz.de/10009578572
Cover Image
Job stability trends and labor market (re-)entry in West Germany 1984 - 1997
Mertens, Antje - 1999
This paper investigates whether job stability in western Germany shows any signs of decline and compares the findings to evidence for the US and the UK. Cross sectional data and calendar information from the German Socioeconomic Panel 1984-1997 are combined allowing to check possible influences...
Persistent link: https://www.econbiz.de/10009580458
Cover Image
Beyond "manucentrism" : some fresh facts about job and worker flows
Bingley, Paul; Eriksson, Tor; Werwatz, Axel; … - 1999
This paper gives a comprehensive picture of job and worker flows for the entire Danish economy. We exploit a unique central administrative register encompassing all employees of all workplaces across all sectors throughout two business cycles. This enables us to broaden the focus of the previous...
Persistent link: https://www.econbiz.de/10009581098
Cover Image
Banks' supply of loans : when future monetary policy is uncertain
Mitusch, Kay; Nautz, Dieter - 1998
The most important policy instruments of the Bundesbank and of the coming European Central Bank involve lending to domestic credit institutions. In this monetary setup, banks use short-term central bank credits extensively in order to refinance long-term loans to the public, which makes them...
Persistent link: https://www.econbiz.de/10009578028
Cover Image
The response of long-term interest rates to news about monetary policy actions : empirical evidence for the US and Germany
Nautz, Dieter; Wolters, Jürgen - 1998
We reexamine the expectations theory of the term structure focusing on the question how monetary policy actions … tests of expectations theory this implication only requires rational expectations but not stationary risk premia. Therefore …, its empirical test sheds new light on the importance of expectations theory for the determinants of the term structure of …
Persistent link: https://www.econbiz.de/10009578577