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Trade Costs in Services : Firm Survival, Firm Growth and Implied Changes in Employment
Christen, Elisabeth M. - 2020
This paper provides new insight into the firm-level employment impacts of trade cost changes at the industry level in the Austrian services sector. We apply a two-part model of firm survival (exit) and firm growth. Separate regressions for firm entry rates at the industry-region level complete...
Persistent link: https://www.econbiz.de/10012844212
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Tax Morale After the Reunification of Germany : Results from a Quasi-Natural Experiment
Feld, Lars P.; Torgler, Benno - 2021
This paper provides a comparison of tax morale between inhabitants of East and West Germany in its post … compared to cross-country studies. Our findings show higher tax morale in East than in West Germany. However, in only 9 years … the East. We suggest that this convergence in tax morale between East and West Germany, despite efforts of the federal …
Persistent link: https://www.econbiz.de/10013317223
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Growth and earnings persistence in banking firms: a dynamic panel investigation
Shehzad, Choudhry Tanveer; de Haan, Jakob; Scholtens, Bert - 2009
This paper investigates (i) whether growth and profitability persist in banking firms, (ii) whether the level and volatility of growth and profitability are bank-size dependent, and (iii) the relationship between growth and profitability of a bank. Using a dynamic panel model estimated by GMM...
Persistent link: https://www.econbiz.de/10010274050
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Heavyweights - the impact of large businesses on productivity growth
Falck, Oliver - 2007
rare and contradictory. A uniquely rich industry-level dataset for Germany is used in this paper to test whether large …
Persistent link: https://www.econbiz.de/10010264240
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Are Bigger Banks Better? Firm-Level Evidence from Germany
Huber, Kilian - 2021
quasi-exogenous increases in bank size in postwar Germany. I show that firms did not grow faster after their relationship …
Persistent link: https://www.econbiz.de/10013314846
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Are Business Start-Ups Liquidity Constrained? Evidence from a Quasi-Experimental Allocation of Housing Wealth in East Germany
Fuchs, Tobias - 2019
Are entrepreneurs liquidity constraint? Using quasi-random housing wealth variation resulting from communist era decisions, we argue yes, as we find that wealthier East Germans are more likely to become self-employed after reunification. In the literature, no such strong relationship was found...
Persistent link: https://www.econbiz.de/10012865172
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Age-Specific Entrepreneurship and PAYG Public Pensions in Germany
Heer, Burkhard - 2020
We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We … Germany does not help to improve its fiscal sustainability, and only an increase in the retirement age to 70 years will help …
Persistent link: https://www.econbiz.de/10012827665
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Firm size and monetary policy transmission: evidence from German business survey data
Ehrmann, Michael - 2004
Using business survey data on German manufacturing firms, this paper provides tests for hypotheses formulated in capital market imperfection theories that predict distributional effects in the transmission of monetary policy. The business conditions of small firms are found to be somewhat more...
Persistent link: https://www.econbiz.de/10010261201
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Tracking and Predicting the German Economy : Ifo vs. Pmi
Lehmann, Robert - 2020
This analysis investigates the predictive power of the most important leading indicators for the German economy, which are provided by the ifo Institute and IHS Markit. We conduct an out-of-sample, real-time forecast experiment for growth of gross domestic product and growth of gross value added...
Persistent link: https://www.econbiz.de/10012839771
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Fiscal Equalization as a Driver of Tax Increases : Empirical Evidence from Germany
Büttner, Thiess - 2018
This paper exploits a recent devolution of tax setting powers in the German federation to study the effects of fiscal equalization on subnational governments’ tax policy. Based on an analysis of the system of fiscal equalization transfers, we argue that the redistribution of revenues provides...
Persistent link: https://www.econbiz.de/10012908652