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Does incorporation matter? : quantifying the welfare loss on non-uniform taxation across sectors
Radulescu, Doina; Stimmelmayr, Michael - 2006
According to Harberger's 1962 and 1966 seminal papers, the corporate income tax distorts the allocation of capital between the corporate and the non-corporate sector and reduces therefore aggregate output. To quantify this efficiency loss we apply a dynamic, computable, general equilibrium...
Persistent link: https://www.econbiz.de/10008858963
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Inflation uncertainty revisited : do different measures disagree?
Grimme, Christian; Henzel, Steffen; Wieland, Elisabeth - 2011
Persistent link: https://www.econbiz.de/10009312118
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Productivity with general indices of management and technical change
Triebs, Thomas P.; Kumbhakar, Subal - 2012
Persistent link: https://www.econbiz.de/10009658043
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Estimating economies of scale and scope with flexible technology
Triebs, Thomas P.; Saal, David S.; Arocena, Pablo; … - 2012
Persistent link: https://www.econbiz.de/10009658052
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Technological intensity of government demand and innovation
Slavtchev, Viktor; Wiederhold, Simon - 2012
Persistent link: https://www.econbiz.de/10009619846
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Dimensions of macroeconomic uncertainty : a common factor analysis
Henzel, Steffen; Rengel, Malte - 2013
In the current literature uncertainty about the future course of the economy is identified as a possible driver of business cycle fluctuations. In fact, uncertainty surrounds the movements of all economic variables which gives rise to a monitoring problem. We identify the different dimensions of...
Persistent link: https://www.econbiz.de/10010188870
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International reserves, external debt maturity, and the reinforcement effect for financial stability
Qian, Xingwang; Steiner, Andreas - 2016
This paper studies how the maturity structure of external debt is affected by international reserves and how they … reinforce financial stability through a more crisis-resilient maturity structure. We show in an illustrative theoretical model … that reserves lengthen the maturity of external debt via a flattening of the yield curve. Using data of 66 emerging and …
Persistent link: https://www.econbiz.de/10011440479
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Money demand stability and inflation prediction in the four largest EMU countries
Carstensen, Kai; Hagen, Jan U.; Hossfeld, Oliver; … - 2008
In this paper we analyze the money demand functions of the four largest EMU countries and of the four-country (EMU-4) aggregate. We identify reasonable and stable money demand relationships for Germany, France and Spain as well as the EMU-4 aggregate. For the case of Italy, results are less...
Persistent link: https://www.econbiz.de/10008858923
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Micro data at the Ifo Institute for Economic Research : the "Ifo Business Survey", usage and access
Becker, Sascha O.; Wohlrabe, Klaus - 2007
The Ifo Institute for Economic Research has been conducting regular business surveys since its foundation in 1949. The most well-known of Ifo's surveys is the Ifo Business Survey (ifo Konjunkturtest). The micro data of the Ifo Business Survey are accessible to external researchers on-site at Ifo...
Persistent link: https://www.econbiz.de/10008858941
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Employment effects of innovation at the firm level
Lachenmaier, Stefan; Rottmann, Horst - 2006
This paper analyzes empirically the effects of innovation on employment at the firm level using a uniquely long panel dataset of German manufacturing firms. The overall effect of innovations on employment often remains unclear in theoretical contributions due to reverse effects. We distinguish...
Persistent link: https://www.econbiz.de/10008858962