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We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10013324989
of migration flows from the New Member States to Germany. We demonstrate that immigration increased substantially despite … that Germany would have been better off, had it immediately opened its labor market. Finally, the Great recession allows us …
Persistent link: https://www.econbiz.de/10013088336
question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of … interpreted as evidence for the passing of cultural traits across generations and for cooperation being sustained by values rather …
Persistent link: https://www.econbiz.de/10013137530
Numerous studies have evaluated the effect of nutrition early in life on health much later in life by comparing individuals born during a famine to others. Nutritional intake is typically unobserved and endogenous, whereas famines arguably provide exogenous variation in the provision of...
Persistent link: https://www.econbiz.de/10013067086
We estimate peer effects for fourth graders in six European countries. The identification relies on variation across classes within schools. We argue that classes within primary schools are formed roughly randomly with respect to family background. Similar to previous studies, we find sizeable...
Persistent link: https://www.econbiz.de/10012780276
disability programs in four countries: Germany, the Netherlands, Sweden, and the United States. We show how growth in the receipt …
Persistent link: https://www.econbiz.de/10013016311
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
conditional productivity distribution. Our analysis draws upon two large unbalanced panels of 6,634 enterprises in Germany and 14 …,586 enterprises in the Netherlands over the period 2000-2008, considering 5 manufacturing and services industries that differ in the … level of technological intensity. Industries in the Netherlands are characterized by a larger average proportion of high …
Persistent link: https://www.econbiz.de/10013035179
-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a … unemployed which offer a pathway to early retirement such as, Germany and Spain, older displaced workers exhibit lower re …
Persistent link: https://www.econbiz.de/10013316799
We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship. The model predicts that, with liquidity...
Persistent link: https://www.econbiz.de/10013316960