Showing 1 - 10 of 28
Many countries appear to have excessively stable big business sectors, in that higher rates of big business turnover have been correlated with faster economy growth. Public policies that stabilize big business sectors are sometimes justified as supportive of social objectives. We find no...
Persistent link: https://www.econbiz.de/10012464620
We develop a model of firm learning in volatile markets with noisy signals and test its predictions using historical data from the Ifo Institute's Business Climate Survey. We find that firms' forecasts improve as they age. We also exploit German Reunification as a natural experiment where firms...
Persistent link: https://www.econbiz.de/10012459454
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/10013116693
A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …
Persistent link: https://www.econbiz.de/10012471183
an important policy issue in Germany. We analyze the distributional effects of the introduction of a nationwide legal … and had no negative employment effects. The ineffectiveness of a minimum wage in Germany is mainly due to the existing …
Persistent link: https://www.econbiz.de/10012724286
This paper presents non-take-up rates of benefits from the German Income Support for Job Seekers scheme, called Unemployment Benefit II (Arbeitslosengeld II). Eligibility to these benefits is simulated by applying a microsimulation model based on data from the Socio-economic Panel for the years...
Persistent link: https://www.econbiz.de/10012890686
formerly socialist (rather gender-equal) East Germany and the capitalist (rather gender-traditional) West Germany shaped … couples in West (but not East) Germany diminished the wife's labor market outcomes in order to avoid situations where she … would earn more than him. However, the significance of the male breadwinner prescription seems to decline in West Germany …
Persistent link: https://www.econbiz.de/10012871553
Our study provides evidence for firms' evaluation of location quality. We use a 2004 survey of 6,000 East German firms that contained questions on the importance and assessment of 15 different location factors ranging from closeness to customers and suppliers, transport infrastructure, and...
Persistent link: https://www.econbiz.de/10013017303
Italy and Germany have similar geographical differences in productivity - North more productive than South in Italy …; West more productive than East in Germany - but have adopted different models of wage bargaining. Italy sets wages based on … nationwide contracts that allow for limited local wage adjustments, while Germany has moved toward a more flexible system that …
Persistent link: https://www.econbiz.de/10012479565
In this paper we first document inequality trends in wages, hours worked, earnings, consumption, and wealth for Germany … from the last twenty years. We generally find that inequality was relatively stable in West Germany until the German …
Persistent link: https://www.econbiz.de/10012463591