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The political economy of public investment when population is aging : a panel cointegration analysis

Jäger, Philipp; Schmidt, Torsten - 2015

aging on public investment. Moreover, the estimation of an error correction model reveals long-run Granger causality running … exclusively from aging to investment. Our results are robust to the inclusion of additional control variables typically considered …

Persistent link: https://www.econbiz.de/10010519083

Does marginal employment substitute regular employment? : a heterogeneous dynamic labor demand approach for Germany

Jacobi, Lena (contributor); Schaffner, Sandra (contributor) - 2008

In Germany we observe a decline in regular employment and an increase in atypical forms of employment. Especially marginal part-time employment which is characterized by lower tax rates and lower social security contributions increased substantially after a reform in 2003 made this type of...

Persistent link: https://www.econbiz.de/10003740199

Women's fertility and employment decisions under two political systems : comparing East and West Germany before reunification

Bredtmann, Julia; Kluve, Jochen; Schaffner, Sandra - 2009

Over the last decades fertility rates have decreased in most developed countries, while female labour force participation has increased strongly over the same time period. To shed light on the relationship between women's fertility and employment decisions, we analyse their transitions to the...

Persistent link: https://www.econbiz.de/10003901024

The intensive and extensive margin of European labour supply

Frings, Hanna; Schaffner, Sandra - 2011

Das Arbeitsangebot wird grundsätzlich durch zwei Faktoren bestimmt: Die Partizipation am Arbeitsmarkt (extensives … Arbeitsangebot) und die Anzahl der gearbeiteten Stunden der Beschäftigten (intensives Arbeitsangebot). Auf Basis der … gesamte Arbeitsangebot ist. Die Ergebnisse deuten auf signifikante Unterschiede im Arbeitsangebot zwischen den Ländern hin …

Persistent link: https://www.econbiz.de/10009581047

Practice and prospects of medium-term economic forecasting

Hofer, Helmut; Schmidt, Torsten; Weyerstrass, Klaus - 2010

Government agencies and other national and international institutions are asked to perform forecasts over the medium term. In particular, the EU Stability and Growth Pact contains the obligation to formulate stability programmes over four years, covering a general economic outlook as well as the...

Persistent link: https://www.econbiz.de/10003950892

Demographic change and the labour share of income

Schmidt, Torsten; Vosen, Simeon - 2010

Despite similar levels of per capita income, education, and technology the development of labour shares in OECD countries has displayed different patterns since 1960. The paper examines the role of demography in this regard. Employing an overlapping generations model we first examine the...

Persistent link: https://www.econbiz.de/10003929142

Long-run trends or short-run fluctuations : what establishes the correlation between oil and food prices?

Krätschell, Karoline; Schmidt, Torsten - 2012

In this paper we use the frequency domain Granger causality test of Breitung/Candelon (2006) to analyse short- and long-run causality between energy prices and prices of food commodities. We find that the oil price Granger causes all the considered food prices. However, when controlling for...

Persistent link: https://www.econbiz.de/10009580087

Oil price effects on land use competition : an empirical analysis

Diermeier, Matthias; Schmidt, Torsten - 2012

The increasing use of food commodities for biofuel production has substantial impact on prices and quantities of these and other food commodities. It is therefore likely that this trend also intensifies the competition for arable land. However, evidence for this hypothesis is generated by...

Persistent link: https://www.econbiz.de/10009580156

Wage inequality and wage mobility in Europe

Bachmann, Ronald; Bechara, Peggy; Schaffner, Sandra - 2012

Using data from the European Union Statistics on Income and Living Conditions (EU-SILC), this paper investigates wage inequality and wage mobility in Europe. Decomposing inequality into within and between group inequality, we analyse to what extent wage inequality and mobility can be explained...

Persistent link: https://www.econbiz.de/10009670803

Health effects of temporary jobs in Europe

Ehlert, Christoph; Schaffner, Sandra - 2011

Over the last two decades, temporary employment has gained importance in the European Union. The implications of this development for the health of the workforce are not yet established. Using a unique individual-level data set for 27 European countries, this paper evaluates whether temporary...

Persistent link: https://www.econbiz.de/10009581043