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Entry, exit and productivity : empirical results for German manufacturing industries
Wagner, Joachim (contributor) - 2007
Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (Econometrica 1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that enter in year t are less productive than incumbent...
Persistent link: https://www.econbiz.de/10003540023
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The German manufacturing sector is a granular economy
Wagner, Joachim - 2011
Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10009519874
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Perfect Bayesian implementation
Brusco, Sandro - In: Economic theory : official journal of the Society for … 5 (1995), pp. 419-444
Persistent link: https://www.econbiz.de/10001180191
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Double implementation in Nash and undominated Nash equilibria in social choice environments
Tatamitani, Yoshikatsu - In: Economic theory : official journal of the Society for … 3 (1993) 1, pp. 109-117
Persistent link: https://www.econbiz.de/10001136000
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How do industries and firms respond to changes in local labor supply?
Dustmann, Christian; Glitz, Albrecht - 2011
In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units that use the more abundant skill group more...
Persistent link: https://www.econbiz.de/10009524993
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Does the use of worker flows improve the analysis of establishment turnover? : evidence from German administrative data
Hethey-Maier, Tanja; Schmieder, Johannes F. - 2013
Economists have long been interested in analyzing entries and exits of establishments. In many countries administrative datasets provide an excellent source for detailed analysis on a fine and disaggregate level. However, administrative datasets are not without problems: restructuring and...
Persistent link: https://www.econbiz.de/10010199016
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Minimum wages as a barrier to entry : evidence from Germany
Bachmann, Ronald; Bauer, Thomas K.; Kroeger, Hanna - 2012
This study analyses employers' support for the introduction of industry-specific minimum wages as a cost-raising strategy in order to deter market entry. Using a unique data set consisting of 800 firms in the German service sector, we find some evidence that high-productivity employers support...
Persistent link: https://www.econbiz.de/10009536582
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Entry barriers and the labor market outcomes of incumbent workers : evidence from a deregulation reform in the German crafts sector
Lergetporer, Philipp; Ruhose, Jens; Simon, Lisa - 2018
We study the labor market outcomes of a deregulation reform in Germany that removed licensing requirements to become self-employed in some occupations. Using longitudinal social security data, we implement a matched difference-in-differences design with entropy balancing to account for...
Persistent link: https://www.econbiz.de/10011916534
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The political economy of Kazakhstan: a case of good economics, bad politics?
Commander, Simon; Prieskienyte, Ruta - 2021
investment? Can 'good economics' somehow offset the effects of 'bad' politics? Kazakhstan is a case where an autocratic regime … has actively projected market-friendly policies and attracted significant amounts of incoming investment. These policies … investment disputes that question the attachment to the rule of law. Moreover, the political regime remains strongly personalized …
Persistent link: https://www.econbiz.de/10012589873
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Employment, wages, and the economic cycle : differences between immigrants and natives
Dustmann, Christian; Glitz, Albrecht; Vogel, Thorsten - 2009
In this paper, we analyse differences in the cyclical pattern of employment and wages of immigrants and natives for two large immigrant receiving countries, Germany and the UK. We show that, despite large differences in their immigrant populations, there are similar and significant differences...
Persistent link: https://www.econbiz.de/10003899988