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Financial Constraints and Capacity Adjustment in the United Kingdom : Evidence from a Large Panel of Survey Data

von Kalckreuth, Ulf - 2016

The interrelationship between financial constraints and firm activity is a hotly debated issue. The way firms cope with financial constraints is fundamental to the analysis of monetary transmission, of financial stability and of growth and development. The CBI Industrial Trends Survey contains...

Persistent link: https://www.econbiz.de/10012991336

Social custom, free-riders, and trade union membership in Germany and Great Britain

Goerke, Laszlo; Pannenberg, Markus - 1998

Persistent link: https://www.econbiz.de/10010283773

Umfang und Kompensation von Überstunden : eine vergleichende Analyse für Westdeutschland und Großbritannien

Wagner, Gert G.; Pannenberg, Markus - 2000

In the 1990s overtime incidence in Great Britain and West Germany is quite similar, while the average amount of hours … of overtime for full-time male workers with overtime in Great Britain is roughly twice those in Germany for all years. We … time. In Germany, we observe a remarkable decrease in the share of workers who work paid overtime and a significant …

Persistent link: https://www.econbiz.de/10010260756

A Vectorautoregressive Investment Model (VIM) and Monetary Policy Transmission: Panel Evidence from German Firms

von Kalckreuth, Ulf; Chirinko, Robert S.; Breitung, Jörg - 2003

This paper proposes a new framework for studying the effects of monetary policy on business investment. Important ambiguities with the modeling of investment dynamics and interactions between real and financial decisions suggest modeling investment spending as a VAR. Based on a panel of...

Persistent link: https://www.econbiz.de/10010295752

Financing Constraints, Firm Level Adjustment of Capital and Aggregate Implications

von Kalckreuth, Ulf - 2016

Following a positive shock, financing constraints will prolong or impede economic expansion that would have been optimal in an unconstrained environment. The study of dynamic adjustment therefore offers a direct way of verifying the presence of financing constraints and assessing their...

Persistent link: https://www.econbiz.de/10012991123

Volatile Multinationals? Evidence from the Labor Demand of German Firms

Buch, Claudia M. - 2016

' activities is associated with an increase in firm-level employment volatility. We use a firm-level dataset for Germany which … that are active in Germany. We decompose the volatility of firms into their reaction and their exposure to aggregate …

Persistent link: https://www.econbiz.de/10012991135