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manufacturing employment in the year of its country's manufacturing peak and the subsequent change in total employment, reflecting … the fact that cities where manufacturing was initially more important experienced larger negative labor demand shocks. But … manufacturing jobs. Overall, 34% of former manufacturing hubs-defined as cities with an initial manufacturing employment share in …
Persistent link: https://www.econbiz.de/10014444059
This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...
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West German manufacturing subset of the IFO Business Climate Survey to infer quarterly production changes at the firm level …
Persistent link: https://www.econbiz.de/10009724017
Aggregated output in industrialized countries has become less volatile over the past decades. Whether this Great Moderationʺ can be found in firm level data as well remains disputed. We study the evolution of firm level output volatility using a balanced panel dataset on German firms that...
Persistent link: https://www.econbiz.de/10003720335
Using firm-level survey data for the West German manufacturing sector, this paper revisits the technology …-driven business cycle hypothesis for the case of aggregate investment. We construct a survey-based measure of technology shocks to … gauge their contribution to short-run investment fluctuations. We estimate an upper bound for the contribution of technology …
Persistent link: https://www.econbiz.de/10009736762
This paper analyses the effectiveness of the corporate income tax as an automatic stabilizer. It employs a unique firm-level dataset of German manufacturers combining financial statements with firm-specific information about credit market restrictions. The results show that approximately 20 per...
Persistent link: https://www.econbiz.de/10003887453
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