Showing 1 - 10 of 1,053
The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores … investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a … the investment part of the model is poor if hiring is left out completely or is introduced without the interaction between …
Persistent link: https://www.econbiz.de/10013104684
Although a huge literature spanning several disciplines documents an association between poverty and child abuse, researchers have not found persuasive evidence that economic downturns increase abuse, despite their impacts on family income. In this paper, we address this seeming contradiction....
Persistent link: https://www.econbiz.de/10013082753
Do generations growing up during recessions have different socio-economic beliefs than generations growing up in good times? We study the relationship between recessions and beliefs by matching macroeconomic shocks during early adulthood with self-reported answers from the General Social Survey....
Persistent link: https://www.econbiz.de/10013157021
In emerging market economies, young people feel like little boats in the ocean, due to the low and uncertain macroeconomic context. In the present study, we examine the school-to-work transition in Turkey over the period 2014-2017 by using a monthly dataset. As most emerging market economies,...
Persistent link: https://www.econbiz.de/10013314866
arise once specialized investment is made. Therefore, this paper investigates whether such agreements affect firm …-level investment. Based on the IAB Establishment Panel Survey 2001-2010 our estimates reveal that the adoption of a company-level pact … leads to a higher investment rate than in other firms driven by re-investment. However, the Great Recession has damped this …
Persistent link: https://www.econbiz.de/10013087394
Prominent economic theories have emphasized the role of commonly held perceptions and expectations for determining macroeconomic outcomes. A key empirical question is how such collectively held beliefs are formed. We use the FIFA World Cup 2006 as a natural experiment. We provide direct evidence...
Persistent link: https://www.econbiz.de/10013317457
Germany, where East German data on economic activity are unavailable for detailed regional levels and historical time series …
Persistent link: https://www.econbiz.de/10014076720
Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …
Persistent link: https://www.econbiz.de/10013137244
Germany. We take as a starting point a very detailed administrative matched employer-employee dataset to estimate labor demand …
Persistent link: https://www.econbiz.de/10013137252
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
Persistent link: https://www.econbiz.de/10013137519