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ethnic Germans from Eastern Europe to West Germany after World War II as a natural experiment to study this question. A …
Persistent link: https://www.econbiz.de/10013104055
This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms face a fall in output, mark-ups and profits, and the...
Persistent link: https://www.econbiz.de/10013155562
(Armington's hypothesis), a low growth of the working population constrains the production of German goods, which entails an …) the impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the …
Persistent link: https://www.econbiz.de/10012826760
associated with about a 6% reduction in investment. Second, uncertainty is also negatively related to employment growth and …A longstanding challenge in evaluating the impact of uncertainty on investment is obtaining measures of managers … the U.S. Census Bureau for approximately 25,000 manufacturing plants. We find three key results. First, investment is …
Persistent link: https://www.econbiz.de/10014240723
Different models of protection against labor market risks are associated with diverging models of economic performance. Historically established institutional complementarities between labor market regulation, unemployment protection, and vocational training tend to mirror specific national...
Persistent link: https://www.econbiz.de/10013158673
This paper provides a quantitative evaluation of the macroeconomic, distributional, and fiscal effects of three reform proposals for Germany: i) a reduction in the social security tax in the low-wage sector, ii) a publicly financed expansion of full-day child care and full-day schooling, and...
Persistent link: https://www.econbiz.de/10012996554
Carlo experiments, where we also study the estimation of the aggregate effects of micro and macro shocks. The paper …
Persistent link: https://www.econbiz.de/10013129942
decomposing income risk. The approach is used to investigate the changes in income risk in Britain across the inequality growth …
Persistent link: https://www.econbiz.de/10013118049
Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of the full set of endowed circumstances beyond the sphere of individual responsibility. In this paper, we suggest a new estimator based on a fixed effects panel model which...
Persistent link: https://www.econbiz.de/10013122677
Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However, the possibility to report sick creates an additional moral hazard, since during sickness spells, minimum requirements on search behavior do not apply. This reduces the ex ante...
Persistent link: https://www.econbiz.de/10013001341