Showing 1 - 10 of 448
We present a model with firms selling (homogeneous) products in two imperfectly segmented markets (a high-demand and a low-demand market). Buyers are mobile but restricted by transportation costs, so that imperfect arbitrage occurs when prices differ in both markets. We show that equilibria are...
Persistent link: https://www.econbiz.de/10010271113
This paper proposes new metrics for the process of price discovery on the main electronic trading platform for euro-denominated government securities. Analysing price data on daily transactions for 107 bonds over a period of twenty-seven months, we find a greater degree of price leadership of...
Persistent link: https://www.econbiz.de/10010280797
Vor der Bundestagswahl im September 1998 zeichnete sich ab, daß die Steuerreform weiterhin auf der Tagesordnung beiben würde. Die Vebreiterung der Bemessungsgrundlage hat darin einen wichtigen Stellenwert.Der Subventionsabbau ist ohnehin ein witschaftspolitischer Dauerbrenner. Das...
Persistent link: https://www.econbiz.de/10010324196
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
In developed countries, obesity tends to be associated with worse labor market outcomes. One possible reason is that obesity leads to less human capital formation early in life. This paper investigates the association between obesity and the developmental functioning of children at younger ages...
Persistent link: https://www.econbiz.de/10010276758
Deutschland dargestellt und die Struktur der beiden Konzessionsmodelle bewertet. Dann werden Handlungsempfehlungen zur …-Model". We first assess the deficits of traditional construction and management of highways in Germany and present the two …
Persistent link: https://www.econbiz.de/10010276927
The empirical relationship between income and longevity has been addressed by a large number of studies, but most were confined to men. In particular, administrative data from public pension systems are less reliable for women because of the loose relationship between own earnings and household...
Persistent link: https://www.econbiz.de/10010285738
This paper documents the magnitude, pattern, and evolution of lifetime earnings inequality in Germany. Based on a large …
Persistent link: https://www.econbiz.de/10010287243