Narrow search
Showing 1 - 10 of 200
Cover Image
The Effects of Trade Liberalization on Productivity and Welfare: The Role of Firm Heterogeneity, R&D and Market Structure
Stähler, Frank; Raff, Horst; Long, Ngo Van - 2007
This paper develops an oligopolistic model of international trade with heterogeneous firms and endogenous R&D to examine how trade liberalization affects firm and industry productivity, as well as social welfare. We identify four effects of trade liberalization on productivity: (i) a direct...
Persistent link: https://www.econbiz.de/10010296284
Cover Image
Learning-by-Doing with Spillovers in Competitive Industries, Free Entry, and Regulatory Policy
Bläsi, Albrecht; Requate, Till - 2005
We study the impact of learning-by-doing with spillovers in competitive markets with free market entry. Within a two period model, we consider first the case where fixed costs are incurred only once, and entry is once and for all. In the second case fixed costs are incurred in each period, and...
Persistent link: https://www.econbiz.de/10010296245
Cover Image
Komplementäre Standortentscheidungen und die räumliche Verteilung der Produktion
Büttner, Thiess - 1995
Verschiedene Verbindungen zwischen lokalen Kapitaleinheiten können Komplementaritäten in den Standortentscheidungen begründen: Skalenerträge und Spillovereffekte, Input- Output-Beziehungen bei Transportkosten und EinkommenskreislaufefTekte. In einem stilisierten Modell wird ihr simultaner...
Persistent link: https://www.econbiz.de/10010332092
Cover Image
Monetary and Fiscal Policy Interactions in the Euro Area
Carlberg, Michael - 2004
This paper studies the interactions between monetary and fiscal policies in the euro area. The focus is on the union central bank, the German government, and the French government. The policy targets are price stability in the union, full employment in Germany, and full employment in France. The...
Persistent link: https://www.econbiz.de/10010263428
Cover Image
Monetary and Fiscal Policies in the Euro Area
Carlberg, Michael - 2007
This paper studies monetary and fiscal policies in the euro area. It discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the European central bank, the German government, and the French government. As...
Persistent link: https://www.econbiz.de/10010263459
Cover Image
Externalities, location, and regional development: Evidence from German district data
Büttner, Thiess - 1997
Local productivity externalities play an important role in the recent literature on economic geography and regional … derives two empirical implications of those externalities which are applied to district level data for German manufacturing … draw conclusions. Yet, the importance of local externalities is supported by the long-run development of single industries …
Persistent link: https://www.econbiz.de/10010332104
Cover Image
Sources of productivity growth at the firm level: A production function approach
Smolny, Werner - 1997
In the paper, the sources of productivity growth are investigated by an empirical analysis with micro data for West-German manufacturing firms. The theoretical framework corresponds to an augmented growth accounting approach based on a production function. The empirical results reveal that...
Persistent link: https://www.econbiz.de/10010332094
Cover Image
International sectoral spillovers: An empircal analysis for German and US Industries
Smolny, Werner - 1995
In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and Germany for 1960-1990. The time-series/cross-sectoral data set allows to investigate country-specific convergence, and to control for sector-specific differences in human...
Persistent link: https://www.econbiz.de/10010332098
Cover Image
Intra-daily volatility spillovers between the US and German stock markets
Golosnoy, Vasyl; Gribisch, Bastian; Liesenfeld, Roman - 2012
Using a novel three-phase model based upon a conditional autoregressive Wishart (CAW) framework for the realized (co)variances of the US Dow Jones and the German stock index DAX, we analyze intra-daily volatility spillovers between the US and German stock markets. The proposed model explicitly...
Persistent link: https://www.econbiz.de/10010308958
Cover Image
A minimal noise trader model with realistic time series properties
Alfarano, Simone; Lux, Thomas - 2006
Simulations of agent-based models have shown that the stylized facts (unit-root, fat tails and volatility clustering) of financial markets have a possible explanation in the interactions among agents. However, the complexity, originating from the presence of non-linearity and interactions, often...
Persistent link: https://www.econbiz.de/10010295000