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miracle. In response to the crisis, Germany has shown to be a strong case of internal flexibility. We argue that important … reforms, the nature of the crisis affecting mainly export-oriented companies in Germany, the extension of short-time work, the …
Persistent link: https://www.econbiz.de/10010282628
In Germany, there is no trade union membership wage premium, while the membership fee amounts to 1% of the gross wage … evidence for a private gain from trade union membership which has hitherto not been documented: in West Germany, union members … show that roughly 50% of the observed raw differential in individual dismissal rates can be explained by the estimated …
Persistent link: https://www.econbiz.de/10010274709
search data to document how the great economic crisis has affected people's well-being and health studying the US, Germany … areas (US, Germany and the G8) are found, which are coincident with the crisis and its contagion timeline. An array of due …
Persistent link: https://www.econbiz.de/10010278433
In Germany, the employment response to the post-2007 crisis has been muted compared to other industrialized countries …
Persistent link: https://www.econbiz.de/10010282281
On theoretical grounds, monitoring of top executives by the (supervisory) board is expected to be value relevant. The empirical evidence is ambiguous and we analyze three non-competing explanations for this ambiguity: (i) The positive effect on firm value of board monitoring is hidden in stock...
Persistent link: https://www.econbiz.de/10010276315
the micro-structure of the recent export collapse in manufacturing industries in Germany during the crisis of 2008 …
Persistent link: https://www.econbiz.de/10010282172
This study gives a comparative overview of labor market dynamics and institutional arrangements in Germany and Brazil …
Persistent link: https://www.econbiz.de/10010286863
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/10010291411
Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...
Persistent link: https://www.econbiz.de/10010267978
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10010269611