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The ifo Business Climate Index for Germany is considered as the most important leading indicator for the German economy …
Persistent link: https://www.econbiz.de/10014346246
This paper reports the results from a statistical analysis of pharmaceutical price negotiations in Germany, where the …
Persistent link: https://www.econbiz.de/10012860771
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
Do knowledge intense jobs exhibit lower gender gaps in wages? Here we use a linked employeremployee dataset of the entire Brazilian formal labor force to study the relationship between gender wage gaps and the knowledge intensity of industries and occupations. We find that employees in...
Persistent link: https://www.econbiz.de/10012823557
The ifo Institute for Economic Research has been conducting the ifo business survey since its foundation in 1949. To ensure stability of participation rates, regular sample recruitment is indispensable. Does the dispatch method matter for response rates of a recruiting campaign? To answer this...
Persistent link: https://www.econbiz.de/10012827674
Building on the epidemiological SIR model we present an economic model with heterogeneous individuals deriving utility from social contacts creating infection risks. Focusing on social distancing of individuals susceptible to an infection we theoretically analyze the gap between private and...
Persistent link: https://www.econbiz.de/10012831656
We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of demand in monopolistic competition. Applications include a new “CREMR” demand function (Constant Revenue Elasticity of Marginal Revenue): it is necessary and sufficient for...
Persistent link: https://www.econbiz.de/10012892151
Every month, the ifo Business Survey (IBS) asks a representative set of 9000 German firms about their current and expected economic conditions. Thus, the micro data of the IBS are ideally suited to study various aspects of firm behavior. However, methodological heterogeneities between different...
Persistent link: https://www.econbiz.de/10012892157
Using rich linked employer-employee data for (West) Germany between 1996 and 2014, we analyze the most important … the sources of the recent slowdown in German wage inequality and compare the results for West Germany to the ones for East … Germany. We disentangle the relative contribution of each single variable to the rise in wage dispersion using recentered …
Persistent link: https://www.econbiz.de/10012892230
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