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is then estimated based on quarterly data from 1995Q1 to 2010Q3. For some of the main export partners of Germany outside … German exports. -- Exchange rate movements ; play-hysteresis ; modelling techniques ; switching/spline regression ; export …
Persistent link: https://www.econbiz.de/10009579241
Traditional specifications of export equations incorporate foreign demand as a demand pull factor and the real exchange … rate as a relative price variable. However, such standard export equations have failed to explain the export performance of … euro area countries during the crisis period. In particular, the significant gains in export market shares in a number of …
Persistent link: https://www.econbiz.de/10010195462
exports is estimated based on the period from 1995Q1 to 2014Q4. Looking at some of the main export partners of Greece, the … for a part of the Greek exports. We find that Greek export activity is characterized by “bands of inaction” with respect … exports. To check for robustness we (a) estimate Greek export equations for a limited sample excluding the recent financial …
Persistent link: https://www.econbiz.de/10011408349
This paper analyzes the impact of financial development on export concentration. I incorporate credit constraints into … increases innovation activity and export shares of larger firms. In contrast, a model variant in which exporters have to finance … production costs instead of investments suggests a negative impact of financial development on export concentration as smaller …
Persistent link: https://www.econbiz.de/10014255423
Previous empirical studies on the effect of age on productivity and wages find contradicting results. Some studies find that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while productivity does not or does not increase at the same...
Persistent link: https://www.econbiz.de/10010276096
This study analyzes the relationship of individual risk attitudes and occupational sorting with respect to occupational earnings risk. By using the German Mikrozensus, a precise measure for earnings risk is computed as the occupation-wide standard deviation of wages. Following the procedure...
Persistent link: https://www.econbiz.de/10003969724
Using German linked employer-employee data, this paper investigates the impact of on-the-job training on wages. The applied estimation technique was first introduced by Leuven and Oosterbeek (2008). The idea is to compare wages of employees who intended to participate in training but did not do...
Persistent link: https://www.econbiz.de/10008906341
This paper studies the effect of parenthood timing on future wages. Using data from the German Socio-Economic Panel (SOEP), we employ an instrumental variable approach to identify the causal effect of delaying parenthood on wages of mothers and fathers. Consistent with previous studies, we...
Persistent link: https://www.econbiz.de/10009580145
This paper analyzes the effect of educational mismatch on wages in Germany, using data from the German Socio-Economic Panel. Educational mismatch has been discussed extensively, mostly by applying OLS wage regressions which are prone to an unobserved heterogeneity bias. This problem is...
Persistent link: https://www.econbiz.de/10009763249
Following the seminal work of Chiswick (1978), many studies have examined the extent to which earnings of immigrants vary over the settlement process. While these studies usually find that the initial earnings gap between native and immigrant workers in traditional immigration countries...
Persistent link: https://www.econbiz.de/10011520616