Showing 1 - 10 of 144
This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …
Persistent link: https://www.econbiz.de/10005097479
estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the … compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the … Phillips curve, the sum of coefficients associated with expected inflation is far beyond unity, whatever measure of expected …
Persistent link: https://www.econbiz.de/10005098258
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …
Persistent link: https://www.econbiz.de/10010985640
Declining inflation rates might have negative consequences for tax revenues. Phenomena like the inflationary bracket … lay the theoretical base followed by a descriptive view on the relation between inflation, growth and tax revenues in the … reveal that an end of inflation would have a negative impact on tax revenues for a number of OECD countries. The results also …
Persistent link: https://www.econbiz.de/10005097689
We study the pass-through of exchange rate changes to consumer prices for the euro area by estimating vector error correction models for Germany, France, Italy, the Netherlands and Spain. Using the weights of the Harmonized Index of Consumer Prices (HICP) we compute a weighted average of the...
Persistent link: https://www.econbiz.de/10005097807
several years until cartel victims obtain damages. Interest and inflation are thus two key drivers of adequate compensation … legal systems treat interest and inflation as part of competition law actions for damages, and, using real-world data from …
Persistent link: https://www.econbiz.de/10010985620
combat immigrant unemployment: training, job search assistance, and subsidised public and private sector employment. We find …
Persistent link: https://www.econbiz.de/10010957600
categories on unemployment have been extensively discussed in the empirical literature. However, interaction effects between … explanatory power of macroeconomic models explaining unemployment. The approach permits to tackle model specification problems …
Persistent link: https://www.econbiz.de/10009323188
the one hand, wages are lowered and unemployment decreases, on the other hand, the individual labour supply decision is … progressivity is below the actual level. A decomposition approach shows that the optimal level is increased by high unemployment and …
Persistent link: https://www.econbiz.de/10008469766
According to our research, some 12% of young people in Germany between the ages of 17 and 19 are disconnected, i.e. not in school, unemployed, and not living with a partner. The percentage of disconnected youths has been on the rise since 2002. There is evidence that an adverse family...
Persistent link: https://www.econbiz.de/10008479052