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Persistent link: https://www.econbiz.de/10010283773
Using a large panel data set it is investigated whether works councils act as a sand or grease in the operation of German firms. Stochastic production frontier analysis indicates that establishments with and without a works council do not exhibit significant differences in efficiency
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Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10010260899
marginal employment range between -.4 (number of male workers in west Germany) to -1 (working hours for women). We illustrate …? social security contributions (SSC) on marginal employment in Germany. …
Persistent link: https://www.econbiz.de/10010324232
In a small structural model we find asymmetries in the effects of monetary policy in Germany depending on whether the …
Persistent link: https://www.econbiz.de/10010274488
We analyse the decline in output volatility in Germany. A lower level of variance in an autoregressive model of output … error term variance (reduced impulses). In Germany the decline output volatility is due to a decline in the persistence of … sudden break. The evolution of Germany's short-term real interest rate volatility coincides with the change of the …
Persistent link: https://www.econbiz.de/10010274489
This paper provides empirical evidence on the party incumbency advantage in mayoral elections in Germany. Using a …
Persistent link: https://www.econbiz.de/10010286629