Showing 1 - 7 of 7
establishments (0-9 employees), subsidized Minijob employment comprises large shares of the work force, on average over 40 percent …. For these establishments, robust evidence shows that increasing the subsidization of Minijob employment crowds out non …-subsidized employment. Our results imply that Minijob employment in 2014 may have eliminated more than 0.5 million unsubsidized employment …
Persistent link: https://www.econbiz.de/10011887371
behind the recent incredible rise in old age employment in Germany. …
Persistent link: https://www.econbiz.de/10011932084
We apply German Mikrozensus data for the period 1996 to 2004 to investigate the employment status of mothers … differences in the employment behavior of East and West German mothers. German family policy sets incentives particularly for low … employment differences as East German women with low earnings potentials appear to adopt West German low employment patterns over …
Persistent link: https://www.econbiz.de/10010274751
This paper explores whether the cost channel solves the price puzzle. We set-up a New Keynesian DSGE model and estimate it for the euro area by adopting a minimum distance approach. Our findings suggest that - under certain parameter restrictions which are not rejected by the data - the cost...
Persistent link: https://www.econbiz.de/10010264162
This paper proposes a new method of forecasting euro area quarterly real GDP that uses area-wide indicators, which are derived by optimally pooling the information contained in national indicator series. Following the ideas of predictive modeling, we construct the area-wide indicators by...
Persistent link: https://www.econbiz.de/10010264416
This paper studies the causes of price dispersion in the euro area emerging in response to a shock that hits all member countries symmetrically. We use a panel VAR model which is estimated over the period 1996 - 2007 to generate impulse responses of a range of price and wage variables to an oil...
Persistent link: https://www.econbiz.de/10010271958
This paper explores the importance of housing and mortgage market heterogeneity in 12 European countries for the transmission of monetary policy. We use a panel VAR model which is estimated over the period 1995-2006 to generate impulse responses of key macroeconomic variables to a monetary...
Persistent link: https://www.econbiz.de/10010271967