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We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture …
Persistent link: https://www.econbiz.de/10011398919
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
Persistent link: https://www.econbiz.de/10011507659
Persistent link: https://www.econbiz.de/10011402689
This article presents a systematic and extensive empirical study on the presence of Markov switching dynamics in three dollar-based exchange rates. A Monte Carlo approach is adopted to circumvent the statistical inference problem inherent to the test of regime-switching behavior. Two data...
Persistent link: https://www.econbiz.de/10002521681
differences between the Anglo-Saxon countries and Germany in terms of prevalence and extent of IR as well as in terms of the …
Persistent link: https://www.econbiz.de/10010324223
Using data on annual individual labor income from three representative panel datasets (German SOEP, British BHPS, Australian HILDA) we investigate a) the selectivity of item non-response (INR) and b) the impact of imputation as a prominent post-survey means to cope with this type of measurement...
Persistent link: https://www.econbiz.de/10010324248
Persistent link: https://www.econbiz.de/10010283773
In the 1990s overtime incidence in Great Britain and West Germany is quite similar, while the average amount of hours … of overtime for full-time male workers with overtime in Great Britain is roughly twice those in Germany for all years. We … time. In Germany, we observe a remarkable decrease in the share of workers who work paid overtime and a significant …
Persistent link: https://www.econbiz.de/10010260756
In Germany, there is no trade union membership wage premium, while the membership fee amounts to 1% of the gross wage … evidence for a private gain from trade union membership which has hitherto not been documented: in West Germany, union members …
Persistent link: https://www.econbiz.de/10008697520
on panel data for West Germany indicate that the legal change did have a negative effect on severance pay. -- panel data …
Persistent link: https://www.econbiz.de/10003984405