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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
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Sales and Markup Dispersion : Theory and Empirics
Mrazova, Monika - 2019
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
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Do Multinationals Transplant Their Business Model?
Marin, Dalia - 2019
theory of knowledge hierarchies in an industry equilibrium model of monopolistic competition to examine how the economic … test the theory with original and matched parent and affiliate data on the level of decentralization of 660 Austrian and …
Persistent link: https://www.econbiz.de/10012860290
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Optimal Carbon Taxation and Horizontal Equity : A Welfare-Theoretic Approach with Application to German Household Data
Hänsel, Martin C.; Franks, Max; Kalkuhl, Matthias; … - 2021
We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by considering heterogeneous energy efficiencies. By deriving first- and secondbest rules for policy instruments including carbon taxes, transfers and energy subsidies, we then...
Persistent link: https://www.econbiz.de/10013239565
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Short-Time Work and Precautionary Savings
Gehrke, Britta; Dengler, Thomas - 2022
household survey data from Germany. Second, we build a New Keynesian model with incomplete asset markets and labor market …
Persistent link: https://www.econbiz.de/10014079142
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Transparency and Policy Competition : Experimental Evidence from German Citizens and Politicians
Blesse, Sebastian; Lergetporer, Philipp; Nover, Justus; … - 2023
A lack of transparency about policy performance can pose a major obstacle to welfare-enhancing policy competition across jurisdictions. In parallel surveys with German citizens and state parliamentarians, we document that both groups misperceive the performance of their state’s education...
Persistent link: https://www.econbiz.de/10014260382
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Monetary Policy in the Presence of Supply Constraints : Evidence from German Firm-Level Data
Balleer, Almut; Noeller, Marvin - 2023
Using firm-level survey data from Germany, this paper asks how do supply constraints propagate monetary policy shocks …
Persistent link: https://www.econbiz.de/10014261028
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Efficient revenue sharing and upper level governments : theory and application to Germany
Büttner, Thiess; Hauptmeier, Sebastian; Schwager, Robert - 2006
in Germany. The results suggest that attempts of state level governments to extract fiscal resources from the local …
Persistent link: https://www.econbiz.de/10010261409
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Too many migrants, too few services : a model of decision-making on immigration and integration with cultural distance
Verbon, Harrie A. A.; Meijdam, Lex - 2004
In this paper we model the demand for immigrants as a trade-off native voters face between having services, produced by unskilled and non-assimilated immigrants, and experiencing disutility due to the immigrant workers having a culture different from the native culture. Immigrants decide whether...
Persistent link: https://www.econbiz.de/10010261254
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Was Germany ever united?: evidence from intra- and international trade 1885 - 1933
Wolf, Nikolaus - 2008
When did Germany become economically integrated? Within the framework of a gravity model, based on a new data set of … about 40,000 observations on trade flows within and across the borders of Germany over the period 1885-1933, I explore the … internal fragmentation resulted from cultural heterogeneity, from administrative borders within Germany, and from geographical …
Persistent link: https://www.econbiz.de/10010264457