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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
and support from the West. We argue that East Germany is in trouble precisely because of the support it has received. This …
Persistent link: https://www.econbiz.de/10012780355
life cycle structure in East and West German wages for fulltime employed men in the private sector. The patterns in the …
Persistent link: https://www.econbiz.de/10013324754
manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, and low attachment to the …
Persistent link: https://www.econbiz.de/10013046220
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …. Although real wages increased seven-fold during the period, growth was uneven across ownership types, industries and regions …. Since the late 1990s, the wages of state-owned enterprises have increased rapidly and wage disparities between skill …
Persistent link: https://www.econbiz.de/10013141714
proposals for Germany: i) a reduction in the social security tax in the low-wage sector, ii) a publicly financed expansion of … three reforms have positive short-run and long-run effects on employment, wages, and output. The quantitative effects of the … deregulation reform are relatively small due to the small size of the professional services in Germany.Policy reforms i) and ii …
Persistent link: https://www.econbiz.de/10012996554
East and West Germany. As expected, there are substantial differences with respect to all three of these measures … or redistributive preferences. Nonetheless, individuals from East Germany tend to be more supportive of state …
Persistent link: https://www.econbiz.de/10013128215
question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of …
Persistent link: https://www.econbiz.de/10013137530
. Specifically, we ask whether there are behavioral differences between mothers in East and West Germany, whether these differences …
Persistent link: https://www.econbiz.de/10013123915
second exploits a quasi-experiment in East Germany created by a mistaken technology choice of the state …
Persistent link: https://www.econbiz.de/10013123919