Showing 1 - 10 of 2,051
This paper evaluates the possible consequences of the forthcoming European and Monetary Union on wage behaviour. It will be shown that EMU does not influence wage policy directly, but rather indirectly through its implications on other areas of economic policy, predominantly on monetary policy....
Persistent link: https://www.econbiz.de/10010262269
determinant for the export performance of firms. Does this mean that intense local user-producer interaction always leads to … export effective. We investigate data from the ZEW Innovation survey of 4,786 firms in the manufacturing and service … the export orientation of the domestic market of innovators such as and the degree of competition stimulate export success …
Persistent link: https://www.econbiz.de/10010297302
Under the world dollar standard, a discrete appreciation by a dollar creditor country of the United States, such as China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its economic growth and eventually cause deflation but...
Persistent link: https://www.econbiz.de/10010297476
We use newly available representative panel data for manufacturing enterprises in West and East Germany to investigate … subsidies on export activities we find no impact of subsidies on the probability to start exporting, and only weak evidence for … an impact of subsidies on the share of exports in total sales in West Germany but no evidence in East Germany. …
Persistent link: https://www.econbiz.de/10010277451
the micro-structure of the recent export collapse in manufacturing industries in Germany during the crisis of 2008 …/2009. Almost all of the decline in exports was due to negative changes of exports in firms that continue to export (i.e. at the so …-called intensive margin) while the decrease of exports due to export stoppers (at the so-called extensive margin) was tiny. It is shown …
Persistent link: https://www.econbiz.de/10010282172
We analyze the effects of the unprecedented rise in trade between Germany and the East - China and Eastern Europe - in … and export exposure. We find that the rise of the East in the world economy caused substantial job losses in German … regions specialized in import-competing industries, both in manufacturing and beyond. Regions specialized in export …
Persistent link: https://www.econbiz.de/10010283967
We argue that in labor markets with central wage bargaining wage flexibility varies systematically across the wage distribution: local wage flexibility is more relevant for the upper part of the wage distribution, and flexibility of wages negotiated under central wage bargaining affects the...
Persistent link: https://www.econbiz.de/10010297598
In this paper we estimate the employment effects of a reduction in weekly normal hours in West German manufacturing on the basis of an econometric models using industry panel data. We distinguish between unskilled, skilled and high-skilled workers and show that labor demand elasticities with...
Persistent link: https://www.econbiz.de/10010297683
This paper studies the relationship between wages and the degree of firm heterogeneity in a given industry under different wage setting structures. To derive testable hypotheses, we set up a theoretical model that analyses the sensitivity of wages to the variability in productivity conditions in...
Persistent link: https://www.econbiz.de/10010298712
It is sometimes claimed that the coverage of collective bargaining in Germany is considerably understated because of …
Persistent link: https://www.econbiz.de/10010283987