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household wealth level implies that the relatively wealthier households could be substituting labour hours with the otherwise …
Persistent link: https://www.econbiz.de/10012503074
post announcement mechanism does not have a significant effect on the cooperation rate. However, the nudge leads to a … striking increase in the cooperation rate. We provide suggestive evidence that the nudge we use provides subjects with a focal …
Persistent link: https://www.econbiz.de/10011982104
This research develops an expanded unified growth theory that incorporates the endogenous accumulation of physical capital, population, human capital, and technology. The model incorporates a complementarity between physical capital and human capital and can be extended to a multi-country...
Persistent link: https://www.econbiz.de/10014458861
celebrations in Cologne (NYE), Germany, refugees allegedly committed over a thousand crimes, ranging from theft to sexual assault …
Persistent link: https://www.econbiz.de/10014472796
Germany. To derive plausibly causal estimates, I exploit the quasiexperimental setting in Germany, by which refugees are … that higher shares of refugees in a county increased migrants' attachment to their home countries, while not affecting … consumption of foreign media. Lastly, I find that changes in ethnic identity coincide with the political polarization of migrants …
Persistent link: https://www.econbiz.de/10012657847
) could reduce per capita output and consumption by 0.43% and 0.48%, respectively, while integration measures that improve … their qualification structure could even yield per capita output and consumption gains of 0.34% and 0.38%, respectively … not lead to significant changes in GDP and consumption. Overall, our model simulations suggest that the macroeconomic …
Persistent link: https://www.econbiz.de/10011632192
distribution; and a permanent positive effect on full-time employment. …
Persistent link: https://www.econbiz.de/10012821802
This paper studies the long-term consequences on firms and workers of the credit crunch triggered by the 2007-2008 global financial crisis. Relying on a unique matched bank-employer-employee administrative dataset, we construct a firm-specific credit supply shock and examine firms’ and...
Persistent link: https://www.econbiz.de/10014440036
, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …
Persistent link: https://www.econbiz.de/10013428423
: As the number of recently arrived refugees and thus the demand for locally produced goods increases, local employment …We study the labor demand effect of immigration on local labor markets by exploiting the fact that refugees in Germany …-homothetic demand, where an increasing share in the consumption of necessities is associated with rising demand of labor-intensive goods …
Persistent link: https://www.econbiz.de/10013475171