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Distributional and Welfare Effects of Germany's Year 2000 Tax Reform

Ochmann, Richard R. - 2011

This paper empirically investigates distributional and welfare effects of Germany's year 2000 income tax reform. The … brackets, whereby income inequality increases, slightly greater in East- than in West-Germany. Moreover, households increase …

Persistent link: https://www.econbiz.de/10013131805

Household Savings Decision and Income Uncertainty

Beznoska, Martin - 2010

This paper empirically investigates the effects of changes in the interest rate as well as transitory income uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the uncompensated interest rate elasticity for savings, in...

Persistent link: https://www.econbiz.de/10013138012

Does Quality Make a Difference? Employment Effects of High- and Low-Quality Start-Ups

Fritsch, Michael - 2011

This paper investigates the impact of new firms' quality on the magnitude of their employment effects. Our results clearly show that the quality of start-ups, measured by their affiliation with sectors and innovative industries, strongly influences the direct and the overall employment...

Persistent link: https://www.econbiz.de/10013124165

Do Wealthier Households Save More? The Impact of the Demographic Factor

Belke, Ansgar Hubertus - 2012

This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on the savings rate is not homogeneous. On average, the...

Persistent link: https://www.econbiz.de/10013105585

Dynamics of Earnings and Hourly Wages in Germany

Myck, Michal; Ochmann, Richard R.; Qari, Salmai - 2011

2000s in Germany. Our study is the first to decompose this cross-sectional variance into its permanent and transitory parts … permanent component which has driven the strong expansion of cross-sectional inequality during the 2000s in Germany …

Persistent link: https://www.econbiz.de/10014201880

What Drives the Productive Efficiency of a Firm? The Importance of Industry, Location, R&D, and Size

Badunenko, Oleg; Fritsch, Michael; Stephan, Andreas - 2008

This paper investigates the factors that explain the level and dynamics of manufacturing firm productive efficiency. In our empirical analysis, we use a unique sample of about 39,000 firms in 256 industries from the German Cost Structure Census over the years 1992-2005. We estimate the...

Persistent link: https://www.econbiz.de/10014218990

Business Cycles, Unemployment and Entrepreneurial Entry : First Evidence from Germany

Fritsch, Michael; Kritikos, Alexander; Pijnenburg, Katharina - 2013

Germany reveals that start-up activities are positively influenced by unemployment rates and that the cyclical component of …

Persistent link: https://www.econbiz.de/10014159505

The Long Persistence of Regional Entrepreneurship Culture : Germany 1925-2005

Fritsch, Michael; Wyrwich, Michael - 2012

We investigate the persistence of levels of self-employment and new business formation in different time periods and under different framework conditions. The analysis shows that high levels of regional self-employment and new business formation tend to be persistent for periods as long as 80...

Persistent link: https://www.econbiz.de/10014040456

Liquidity Constraints and the Permanent Income Hypothesis : Pseudo Panel Estimation with German Consumption Survey Data

Beznoska, Martin; Ochmann, Richard R. - 2012

This paper empirically investigates the relevance of liquidity constraints and excess sensitivity in intertemporal household consumption. Using a pseudo panel that has been constructed on rich German consumption survey data, we estimate the consumption responses to permanent and transitory...

Persistent link: https://www.econbiz.de/10014167215

Why Did Self-Employment Increase so Strongly in Germany?

Fritsch, Michael - 2015

Germany experienced a unique rise in the level of self-employment in the first two decades following unification … employees and the overall level of self-employment in West Germany, their explanatory power is much lower for the stronger … increase of solo self-employment and of self-employment in former socialist East Germany …

Persistent link: https://www.econbiz.de/10013028409