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Identification of New Keynesian Phillips Curves from a global perspective

Dees, Stephane; Pesaran, Mohammad Hashem; Smith, L. Vanessa - 2008

is whether such equations are identified. To check identification requires specifying the process for the forcing … is estimated by GMM, relying on statistical criteria to choose instruments. This may result in failure of identification …

Persistent link: https://www.econbiz.de/10010276262

Identification of New Keynesian Phillips Curves from a Global Perspective

Dees, Stephane; Pesaran, Hashem; Smith, L. Vanessa; … - Institute for the Study of Labor (IZA) - 2008

Persistent link: https://www.econbiz.de/10005763475

Real wages and the business cycles in Germany

Marczak, Martyna; Beissinger, Thomas - 2010

This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany. As detrending methods we apply the deterministic trend model, the Beveridge-Nelson decomposition, the Hodrick-Prescott filter, the Baxter-King filter and the structural time...

Persistent link: https://www.econbiz.de/10010274586

Real Wages and the Business Cycle in Germany

Marczak, Martyna; Beissinger, Thomas - Institute for the Study of Labor (IZA) - 2010

Persistent link: https://www.econbiz.de/10008678691

Analysis of Twins

Bhalotra, Sonia R.; Clarke, Damian - 2022

for identification of causal effects in economics, this chapter provides a critical review of methods and results. …

Persistent link: https://www.econbiz.de/10013426458

Do Politicians Affect Firm Outcomes? Evidence from Connections to the German Federal Parliament

Diegmann, André; Pohlan, Laura; Weber, Andrea - 2024

We study how connections to German federal parliamentarians affect firm dynamics by constructing a novel dataset to measure connections between politicians and the universe of firms. To identify the causal effect of access to political power, we exploit (i) new appointments to the company...

Persistent link: https://www.econbiz.de/10014567480

A Simple Solution to the Identification Problem in Detailed Wage Decompositions

Yun, Myeong-Su - 2003

identification problem since the detailed coefficients effect attributed to a dummy variable is not invariant to the choice of … reference groups. It turns out that the identification problem in the decomposition equation is a disguised identification …. The identification problem is automatically resolved once we obtain ?normalized? regression equations for two comparison …

Persistent link: https://www.econbiz.de/10010261567

Identification and Estimation of Economic Models of Outmigration Using Panel Attrition

Bellemare, Charles - 2004

Because their departures are difficultly observed, little is known about the performance of immigrants who leave a region and move to another. This paper shows conditions under which the (conditional) outmigration probability, work probability and the expected earnings of outmigrants are...

Persistent link: https://www.econbiz.de/10010261828

A Conceptual Framework for the Evaluation of Comprehensive Labor Market Policy Reforms in Germany

Fertig, Michael; Kluve, Jochen - 2004

Over the last year the German government has introduced a comprehensive set of labor market policy reforms, the so-called Hartz reforms, which aim at a significant reduction of unemployment. To this end, (a) many of the existing instruments of active labor market policy are modified...

Persistent link: https://www.econbiz.de/10010261856

A Collective Retirement Model : Identification and Estimation in the Presence of Externalities

Michaud, Pierre-Carl; Vermeulen, Frederic - 2004

We study the labor supply dynamics of elderly couples by means of a structural collective model. The model allows for general externalities with respect to spouses? leisure. Preferences and the intrahousehold bargaining process are identified by using panel data with couples and individuals who...

Persistent link: https://www.econbiz.de/10010262042