Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10010283773
Affiliates of German firms in Eastern Europe differ from those in the rest of the world. They have smaller sales and they employ more labor. Labor productivity is thus lower than in affiliates of German firms elsewhere. Moreover, multinational activity in Eastern Europe is mostly unilaterally...
Persistent link: https://www.econbiz.de/10003315497
Exporters and multinationals are larger and more productive than their domestic counterparts. In addition to productivity, financial constraints and labor market constraints might constitute barriers to entry into foreign markets. We present new empirical evidence on the extensive and intensive...
Persistent link: https://www.econbiz.de/10003879017
Insufficient capital buffers of banks have been identified as one main cause for the large systemic effects of the recent financial crisis. Although higher capital is no panacea, it yet features prominently in proposals for regulatory reform. But how do increased capital requirements affect...
Persistent link: https://www.econbiz.de/10009751306
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10010260899
-scale linked employer-employee data set for western Germany, this paper provides a first test of the relevance of different …
Persistent link: https://www.econbiz.de/10008615504
unionization has become more and more similar in eastern and western Germany in the period 1992 to 2000. The originally high level … of union density in eastern Germany has dropped below that of western Germany, and union membership has been falling … individuals probability of union membership have converged over time between western and eastern Germany. After an assimilation …
Persistent link: https://www.econbiz.de/10008615510
In a small structural model we find asymmetries in the effects of monetary policy in Germany depending on whether the …
Persistent link: https://www.econbiz.de/10010274488
We analyse the decline in output volatility in Germany. A lower level of variance in an autoregressive model of output … error term variance (reduced impulses). In Germany the decline output volatility is due to a decline in the persistence of … sudden break. The evolution of Germany's short-term real interest rate volatility coincides with the change of the …
Persistent link: https://www.econbiz.de/10010274489
overtime in West Germany. A descriptive analysis suggests that over a 10-year period workers with unpaid overtime experience on …
Persistent link: https://www.econbiz.de/10010260801