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first comprehensive evidence on the relationship between productivity and size of the export market for Germany, a leading … more productive than firms that sell their products in Germany only, but less productive than firms that export to …
Persistent link: https://www.econbiz.de/10013317178
We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual wage bargaining. Product market competition affects...
Persistent link: https://www.econbiz.de/10012782768
Contrary to most existing studies of the literature that assumed that the effects of real exchange rate (RE) misalignment on trade flows are symmetric, this paper considers a more general and realistic framework allowing for possible asymmetric effects. We use monthly time-series data over the...
Persistent link: https://www.econbiz.de/10014083735
Since the demise of the Bretton Woods system, the yen has seen several episodes of strong appreciation, including in the late 1970s, after the 1985 Plaza Agreement, the early and late 1990s and after 2008. These appreciations have not only been associated with "expensive yen recessions"...
Persistent link: https://www.econbiz.de/10012863763
This paper provides a method for the analysis of the spatial and temporal diffusion of shocks in a dynamic system. We use changes in real house prices within the UK economy at the level of regions to illustrate its use. Adjustment to shocks involves both a region specific and a spatial effect....
Persistent link: https://www.econbiz.de/10013148339
This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the …
Persistent link: https://www.econbiz.de/10013139060
by comparing Germany and the US based on harmonized micro data. We find significant and robust differences between lower …
Persistent link: https://www.econbiz.de/10013122677
-conscious emotions into anger. The argument is tested with original survey data from France, Germany, and the United States. The … anti-elite rhetoric causes considerably higher expressed anger about one's financial situation in France and Germany, but …
Persistent link: https://www.econbiz.de/10012870139
preferences, we implement parallel survey experiments in Germany and the United States. In both countries, support for increased …
Persistent link: https://www.econbiz.de/10012978960
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz ….S. and Germany but there were various country specific aspects of this increase. For the U.S., we find faster wage growth … Germany. Moreover, we see a large role played by cohort effects in Germany, while we find only small cohort effects in the U …
Persistent link: https://www.econbiz.de/10013146175