Showing 1 - 10 of 394
This paper studies the spread of the Black Death as a proxy for the ow of medieval trade between 1346 and 1351. The Black Death struck most areas of Europe and the wider Mediterranean. Based on a modified version of the gravity model, we estimate the speed (in kilometers per day) of transmission...
Persistent link: https://www.econbiz.de/10009242313
German labor market reforms in the 1990s and 2000s are generally believed to have driven the large increase in the dispersion of current account balances in the Euro Area. We investigate this hypothesis quantitatively. We develop an open economy New Keynesian model with search and matching...
Persistent link: https://www.econbiz.de/10011292316
Comparing the economic development and current situation of the internal markets of the U.S. and the EU, two things are noticeable. On the one hand, the EU is conducting massive regional policy programmes (notably the Structural Funds) to foster economic cohesion among the 27 nations belonging...
Persistent link: https://www.econbiz.de/10011515661
Devising appropriate policy measures for the integration of refugees is high on the agenda of many governments. This … paper focuses on the social integration of families seeking asylum in Germany between 2013 and 2016. Exploiting regional … parents' integration. We find a significant and substantial positive effect, in particular on the social integration of …
Persistent link: https://www.econbiz.de/10012287972
of industry-specific bilateral trade integration that has an in-built control for time-varying multilateral resistance …. This trade integration measure is consistent with a broad range of recent trade models including the Anderson and van … such as Technical Barriers to Trade. Trade integration is generally lower for countries that opted out of the Euro or did …
Persistent link: https://www.econbiz.de/10003867934
the level of search costs and, thus, on the level of market integration. For less integrated markets, the inflation … theory. -- Inflation ; Relative price variability ; Monetary search models ; European market integration …
Persistent link: https://www.econbiz.de/10003952539
Das Steuersenkungsgesetz stellt das größte Reformvorhaben auf dem Gebiet der direkten Steuern in Deutschland seit der Einführung des körperschaftsteuerlichen Anrechnungssystems zum 1.1.1977 dar. Vorgesehen sind eine Änderung des Steuersystems, eine Verringerung der Steuersätze sowie eine...
Persistent link: https://www.econbiz.de/10001465741
Recent studies indicate that the natural resource curse, that is, the negative link between resource abundance and growth, may operate through a country’s financial system. Scholars show that resource-abundant economies suffer from lower financial development, which may indirectly affect...
Persistent link: https://www.econbiz.de/10010433904
The paper contributes to the ongoing debate on the natural resource curse, which postulates a negative link between natural resource abundance and economic growth. It shows empirically that resource-rich countries appear to have a less developed financial system and investigates a potential...
Persistent link: https://www.econbiz.de/10010433905
In this paper, employing transaction level data for Russian imports, we explore the role of multi-product shipments in explaining shipping patterns across countries. First, we document that firms from more developed countries include on average more different products into a single shipment. We...
Persistent link: https://www.econbiz.de/10012311869