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We use futures instead of forward rates to study the complete maturity spectrum of the forward premium puzzle from two days to six months. At short maturities the slope coefficient is positive, but these turn negative as the maturity increases to the monthly level. Futures data allow us to...
Persistent link: https://www.econbiz.de/10013141467
We use futures instead of forward rates to study the complete maturity spectrum of the forward premium puzzle from two days to six months. At short maturities the slope coefficient is positive, but these turn negative as the maturity increases to the monthly level. Futures data allow us to...
Persistent link: https://www.econbiz.de/10010274182
In this paper, the role of the computer at the workplace will be examined in determining the wage structure in Germany …) had for France, that in Germany the coefficient for computer usage at the workplace did NOT remain stable and although …-oekonomischen Panels (SOEP) die Rolle der Nutzung von Computern am Arbeitsplatz als Determinante der Lohnstruktur in Deutschland untersucht …
Persistent link: https://www.econbiz.de/10010324202
This study uses the hedonic approach to measure the amenity value of climate in Germany. Unlike in earlier research … what theory would predict. Throughout Germany house prices are higher in areas with higher January temperatures, lower July … temperatures and lower January precipitation. In East Germany wages are higher in areas with higher January precipitation. The full …
Persistent link: https://www.econbiz.de/10010265423
We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based …, including retirees and the unemployed, of East and West Germany over the fifteen years for which data are available. Using a … highest negative income gap. This probably reflects out-migration from East Germany by the young and highly skilled. On the …
Persistent link: https://www.econbiz.de/10010271128
for various inflation theories matter empirically when analysing inflation processes in Germany. The results obtained … suggest that inflation in Germany is determined by adjustment processes on the market of production factors, external shocks …
Persistent link: https://www.econbiz.de/10010260658
western Germany during the 1980s and 1990s. It is argued that regional opportunity structures as well as local patterns of …
Persistent link: https://www.econbiz.de/10010260782
in Germany. We argue that in the European institutional context the availability of public day care and informal child …
Persistent link: https://www.econbiz.de/10010260798
Labor force participation rates of mothers in Austria and Germany are similar, however full-time employment rates are …, differences in mothers? employment patterns can partly be explained by the different tax systems: While Germany has a system of …
Persistent link: https://www.econbiz.de/10010260923
Germany, where subsidized child care is rationed and private child care is only available at considerably higher cost. I use a …
Persistent link: https://www.econbiz.de/10010260944