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The social norm of unemployment suggests that aggregate unemployment reduces the well-being of the employed, but has a far smaller effect on the unemployed. We use German panel data to reproduce this standard result, but then suggest that the appropriate distinction may not be between employment...
Persistent link: https://www.econbiz.de/10013158682
with the analysis of trust and trustworthiness in Germany by combiningrepresentative survey data with representative …
Persistent link: https://www.econbiz.de/10014255643
We analyse preferences for public, private or mixed provision of childcare theoretically and empirically. We model childcare as a publicly provided private good. Richer households should prefer private provision to either pure public or mixed provision. If public provision redistributes from...
Persistent link: https://www.econbiz.de/10013324977
Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...
Persistent link: https://www.econbiz.de/10013236401
estimates of the productivity premium of German firms exporting to the Euro-zone and beyond, controlling for unobserved time … invariant firm specific effects, and tests for self-selection of more productive firms into exporting beyond the Euro-zone. (3 … Euro-zone only is no longer much smaller that the premium of firms that export beyond the Euro-zone, too, and the premium …
Persistent link: https://www.econbiz.de/10013141754
In this paper, we use a Micro-Macro model to evaluate the effects of a euro's depreciation on the French economy, both … the two models is made using an iterative (or sequential) approach. We find that a 10% euro's depreciation stimulates the …
Persistent link: https://www.econbiz.de/10012945218
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
Persistent link: https://www.econbiz.de/10013016262
applies a parametric difference-in-differences approach to assess the real effects of the introduction of the euro on … negative impact are threefold. First, perceived inflation overestimates the real increase in prices resulting in suboptimal … the initial problems were overcome within one year of the introduction of euro cash …
Persistent link: https://www.econbiz.de/10013317284
and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …
Persistent link: https://www.econbiz.de/10013107467
We model the effect of Protestant vs. Catholic denomination in an economic theory of suicide, accounting for differences in religious-community integration, views about man's impact on God's grace, and the possibility of confessing sins. We test the theory using a unique micro-regional dataset...
Persistent link: https://www.econbiz.de/10013123593