Showing 1 - 10 of 2,363
Germany over a 10 years period. We find that, while factor price adjustments are important in the non-tradable sector, labor …
Persistent link: https://www.econbiz.de/10013112767
Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we develop a social-norm model that provides a microfoundation of the linear-in-means model and investigate its properties. We show that...
Persistent link: https://www.econbiz.de/10012859300
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
suggested by the theory of incomplete markets, we differentiate between the effects of persistent and transitory income shocks …. In line with this theory, we find that persistent shocks have a significant impact on happiness while transitory shocks …
Persistent link: https://www.econbiz.de/10013099795
This paper considers labor market adjustments following a large import shock in the German clothing industry caused by …
Persistent link: https://www.econbiz.de/10013153171
According to the Hutchens (1999) model, early retirement is not explained as a result of maximizing expected individual utility but rather as a demand-side phenomenon arising from a firm's profit-maximizing behaviour. Firms enter into contracts with their employees that include clauses about...
Persistent link: https://www.econbiz.de/10012776384
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of …
Persistent link: https://www.econbiz.de/10012909849
This paper studies the persistence of a large, unexpected, and regionally very unevenly distributed population shock …, the inflow of eight million ethnic Germans from Eastern Europe to West Germany after World War II. Using detailed census … data from 1939 to 1970, we show that the shock had a persistent effect on the distribution of population within local labor …
Persistent link: https://www.econbiz.de/10012945234
part of SHARE in Europe in 2009, with administrative data on food supply (caloric rations) in post-war Germany. The data …
Persistent link: https://www.econbiz.de/10013061957
Using new data from a three-wave panel survey administered in Germany between May 2020 and May 2021, this paper studies … the impact of a negative shock affecting every strata of the population, such as the development of COVID-19, on …
Persistent link: https://www.econbiz.de/10014083947