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Reversing Fortunes of German Regions, 1926–2019 : Boon and Bane of Early Industrialization?
Berbée, Paul; Braun, Sebastian Till; Franke, Richard - 2022
This paper shows that 19th-century industrialization is an important determinant of the significant changes in Germany …, economic ascent in the South. Exploiting plausibly exogenous variation in access to coal, we show that early industrialization … industrialization explains most of the decline in regional inequality observed in the 1960s and 1970s and about half of the current …
Persistent link: https://www.econbiz.de/10014079408
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Technology-Skill Complementarity in the Early Phase of Industrialization
Franck, Raphael - 2016
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional … views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human …
Persistent link: https://www.econbiz.de/10012997443
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Engines of Growth : Domestic and Foreign Sources of Innovation
Eaton, Jonathan; Kortum, Samuel S. - 2021
We examine productivity growth since World War II in the five leading research economies: West Germany, France, the United Kingdom, Japan, and the United States. Available data on the capital-output ratio suggest that these countries grew as they did because of their ability to adopt more...
Persistent link: https://www.econbiz.de/10013237260
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Data Gaps and the Policy Response to the Novel Coronavirus
Stock, James H. - 2020
This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...
Persistent link: https://www.econbiz.de/10012838354
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Does Trade Cause Capital to Flow? Evidence from Historical Rainfall
Kalemli-Ozcan, Sebnem; Nikolsko‐Rzhevskyy, Alex; … - 2021
We use a historical quasi-experiment to estimate the causal effect of trade on capital flows. We argue that fluctuations in regional rainfall within the Ottoman Empire capture the exogenous variation in exports from the Empire to Germany, France, and the U.K., during the period of 1859–1913....
Persistent link: https://www.econbiz.de/10013231603
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Top Incomes in Germany, 1871-2014
Bartels, Charlotte - 2018
This study provides new evidence on top income shares in Germany from the period of industrialization to the present …
Persistent link: https://www.econbiz.de/10012909983
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Deputization
Carlin, Bruce; Umar, Tarik; Yi, Hanyi (Livia) - 2022
A policy of deputization asks agents to monitor others without providing explicit incentives. It is often used to prevent dangerous activities. To calibrate whether and why it works, we study recent laws that deputized financial professionals to help fight elder financial abuse. We show...
Persistent link: https://www.econbiz.de/10014241950
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Task-Biased Changes of Employment and Remuneration : The Case of Occupations
Kampelmann, Stephan - 2011
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into "good" and "bad" jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that...
Persistent link: https://www.econbiz.de/10013130457
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Firms and Early Retirement : Offers that One Does Not Refuse
Bellmann, Lutz - 2007
According to the Hutchens (1999) model, early retirement is not explained as a result of maximizing expected individual utility but rather as a demand-side phenomenon arising from a firm's profit-maximizing behaviour. Firms enter into contracts with their employees that include clauses about...
Persistent link: https://www.econbiz.de/10012776384
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Technological Innovation and Inclusive Growth in Germany
Naudé, Wim - 2017
Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth. Fearing that this declining impact would undermine...
Persistent link: https://www.econbiz.de/10012941243