Narrow search
Showing 1 - 10 of 180
Cover Image
Are There No Wage Returns to Compulsory Schooling in Germany? A Reassessment
Cygan-Rehm, Kamila - 2021
This study replicates and challenges the finding of zero wage returns to compulsory schooling in Germany by Pischke and von Wachter (Review of Economics and Statistics, 90(3), 592-598), which is unusual in the literature yet widely cited and until now uncontradicted. I document that this finding...
Persistent link: https://www.econbiz.de/10013222195
Cover Image
The Short-Run and Long-Run Effects of Trade Openness on Financial Development : Some Panel Evidence for Europe
Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2021
This paper analyses the short- and long-run effects of trade openness on financial development in a panel including data on 35 European countries over the period 2001-2019. For this purpose, it uses the PMG (pooled mean group) estimator for dynamic panels developed by Pesaran et al. (1999). The...
Persistent link: https://www.econbiz.de/10013227601
Cover Image
To React or Not? Fiscal Policy, Volatility and Welfare in the EU-3
Malley, Jim - 2008
implications of countercyclical fiscal policy for France, Germany and the UK. The model incorporates real wage rigidity which is …
Persistent link: https://www.econbiz.de/10012773638
Cover Image
Hartz IV and the Decline of German Unemployment : A Macroeconomic Evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2021
This paper proposes a new approach to evaluate the macroeconomic effects of the “Hartz IV” reform, which reduced the generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10013239563
Cover Image
Early Child Care and Labor Supply of Lower-Ses Mothers : A Randomized Controlled Trial
Hermes, Henning; Krauß, Marina; Lergetporer, Philipp; … - 2023
We present experimental evidence that enabling access to universal early child care for families with lower socioeconomic status (SES) increases maternal labor supply. Our intervention provides families with customized help for child care applications, resulting in a large increase in enrollment...
Persistent link: https://www.econbiz.de/10014264150
Cover Image
Worker Beliefs About Outside Options
Jäger, Simon; Roth, Christopher; Roussille, Nina; … - 2022
Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers underestimate wages elsewhere. We document this anchoring bias by eliciting workers’ beliefs in a representative survey in Germany and comparing them to measures of actual outside...
Persistent link: https://www.econbiz.de/10013308108
Cover Image
Biased Expectations and Labor Market Outcomes : Evidence from German Survey Data and Implications for the East-West Wage Gap
Balleer, Almut; Duernecker, Georg; Forstner, Susanne; … - 2023
We measure individual bias in labor market expectations in German survey data and find that workers on average significantly overestimate their individual probabilities to separate from their job when employed as well to find a job when unemployed. These biases vary significantly between...
Persistent link: https://www.econbiz.de/10014358858
Cover Image
Financial integration, globalization, and real activity
De Nicolò, Gianni; Juvenal, Luciana - 2012
distinct impact of financial integration and globalization on several dimensions of real activity. We find that: (a) financial … financial integration predict better growth prospects; (c) both advances in financial integration and globalization are … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …
Persistent link: https://www.econbiz.de/10010280851
Cover Image
The contribution of pharmaceutical innovation to longevity growth in Germany and France
Lichtenberg, Frank - 2010
I investigate the contribution of pharmaceutical innovation to recent longevity growth in Germany and France. First, I …-adjusted cancer mortality rates of residents of France, using longitudinal, annual, cancer-site-level data during the period 2002 …
Persistent link: https://www.econbiz.de/10010270528
Cover Image
Growth Gains from Trade
Marjit, Sugata - 2019
This paper revisits the relationship between international trade and economic growth. We measure trade openness indices separately with respect to intermediate inputs and final goods and find that it is the former which turns out to be significant in explaining growth gains from trade. Using...
Persistent link: https://www.econbiz.de/10012860295