Showing 1 - 10 of 42
Persistent link: https://www.econbiz.de/10011437898
The paper studies the demand for foreign graduates at the firm level. Using a unique dataset on recruitment policies of firms in four European countries, the determinants of demand for internationally mobile high-skilled employees are established. I investigate the number, origin, skills, and...
Persistent link: https://www.econbiz.de/10001612813
Using panel data for West Germany and Great Britain, we show that there are striking differences in overtime work and … the evolution of the monthly labour earnings distribution and individual economic well-being differently in West Germany … regards to West Germany, we show that the current policy of transforming paid overtime in "working time accountsʺ, which is …
Persistent link: https://www.econbiz.de/10001610707
trends in unconditional firm level and aggregated output volatility in Germany are similar. There has been a long …
Persistent link: https://www.econbiz.de/10003729690
The coordination channel has been proposed as a means by which foreign exchange market intervention may be effective, in addition to the traditional portfolio balance and signaling channels. If strong and persistent misalignments of the exchange rate are caused by non-fundamental influences,...
Persistent link: https://www.econbiz.de/10003304957
Persistent link: https://www.econbiz.de/10003884288
Modern trade theory emphasizes firm-level productivity differentials to explain the cross-border activities of non-financial firms. This study tests whether a productivity pecking order also determines international banking activities. Using a novel dataset that contains all German banks’...
Persistent link: https://www.econbiz.de/10003889133
In this paper we provide evidence for Evans and Lyons' (2005b) model of an information aggregation process in FX markets using a German bank's end-user order flow from 2002 to 2003. Though customer order flow is unambiguously the vehicle incorporating non-public information into exchange rates...
Persistent link: https://www.econbiz.de/10003453446
groups and of different size. -- Market power-risk nexus ; international banking ; micro-data ; Germany …
Persistent link: https://www.econbiz.de/10008667402
Is time-varying firm-level uncertainty a major cause or amplifier of the business cycle? This paper investigates this question in the context of a heterogeneousfirm RBC model with persistent firm-level productivity shocks and lumpy capital adjustment, where cyclical changes in uncertainty...
Persistent link: https://www.econbiz.de/10003857672