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the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …-run productivity growth. Using panel data from 13 OECD countries from 1960 to 1990, we find evidence that an increase in unemployment … scales down the long-run level of productivity. …
Persistent link: https://www.econbiz.de/10011440805
We examine the consequences of compressing secondary schooling on students' university enrollment. An unusual education reform in Germany reduced the length of academic high school while simultaneously increasing the instruction hours in the remaining years. Accordingly, students receive the...
Persistent link: https://www.econbiz.de/10011552986
We evaluate the effect of the federal students' financial assistance scheme (BAfoeG) on enrolment rates into higher education by exploiting the exogenous variation introduced through a discrete shift in the repayment regulations. Supported students had to repay the full loan until 1990....
Persistent link: https://www.econbiz.de/10002243173
role of total factor productivity (TFP) gaps as opposed to factor accumulation. Nevertheless, it is a widely held belief … direct contribution of factors of production. -- Development accounting ; total factor productivity ; technology …
Persistent link: https://www.econbiz.de/10009579408
Understanding the causes of the slowdown in aggregate productivity growth is key to maintaining the competitiveness of … Knowledge-Based Capital (KBC), despite having a positive effect on productivity at the micro level, is a driver of the weak … productivity performance at the aggregate level, by accentuating divergence between a group of "frontier" firms and the rest of the …
Persistent link: https://www.econbiz.de/10012215260
Policy-makers face a trade-off between the provision of higher levels of schooling and earlier labour market entries. A fundamental education reform in Germany tackles this trade-off by reducing high school by one year while leaving the total instructional time unchanged. Employing...
Persistent link: https://www.econbiz.de/10010479928
We study the impact of broadband availability on firms’ total factor productivity (TFP) using German firm-level data … between 2010 and 2015. We adopt a control function approach to causally identify and separately estimate productivity for 46 … firms’ productivity in manufacturing, it significantly increases TFP in most service sectors. Yet, the size of the effect is …
Persistent link: https://www.econbiz.de/10012793222
This paper compares the performance of purely domestic plants, domestic exporters and domestic multinationals. For our empirical analysis we utilise a non-parametric approach based on the principle of first order stochastic dominance. We find that the distributions for multinationals dominate...
Persistent link: https://www.econbiz.de/10011439152
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional …
Persistent link: https://www.econbiz.de/10003386580
Although there are a variety of studies on the gender pay gap, only a few relate to managerial positions. The present study attempts to fill this gap. Managers in private companies in Germany are a highly selective group of women and men, who differ only marginally in their human capital...
Persistent link: https://www.econbiz.de/10003858725