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Wage rigidity and labor market dynamics with sorting

Schulz, Bastian - 2015

an endogenously generated wage rigidity, which is of reasonable magnitude given empirical evidence from the U.S. labor …

Persistent link: https://www.econbiz.de/10011280707

High wage workers and high wage peers

Battisti, Michele - 2013

coworkers in a wage regression. The effect of interest is identified from within-firm changes in workforce composition … percent increase in the average labour market value of co-workers' skills is associated with a 3.6 percent wage premium. I … also find that around one fourth of the wage variation previously explained by unobserved firm heterogeneity is actually …

Persistent link: https://www.econbiz.de/10010188868

Quarterly GDP estimates for the German states

Lehmann, Robert; Wikman, Ida - 2022

To date, only annual information on economic activity is published for the 16 German states. In this paper, we calculate quarterly regional GDP estimates for the period between 1995 to 2020, thereby improving the regional database in Germany. The new data set will regularly be updated when...

Persistent link: https://www.econbiz.de/10013173579

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

Subjective uncertainty, expectations, and firm behavior

Lautenbacher, Stefan - 2021

Based on a new survey question in a large and representative panel of German firms, this paper introduces a novel measure of managers' subjective uncertainty. I compare this measure of business uncertainty to respondents' business expectations and document a strong negative relationship....

Persistent link: https://www.econbiz.de/10012487869

Fixed-term employment and fertility : evidence from German micro data

Auer, Wolfgang; Danzer, Natalia - 2014

We study the short- to medium-run effects of starting a career on a fixed-term contract on subsequent fertility outcomes. We focus on the career start since we expect that temporary contracts and their inherent economic uncertainty implies a path dependency which might have spill-over effects on...

Persistent link: https://www.econbiz.de/10010417103

Mr. Keynes meets the classics : government spending and the real exchange rate

Born, Benjamin; D'Ascanio, Francesco; Müller, Gernot J.; … - 2021

lowers output. We develop these insights in a two-sector model of a small open economy with downward nominal wage rigidity …

Persistent link: https://www.econbiz.de/10012544252

The short-run and long-run effects of decentralizing public employment services

Weber, Michael - 2016

A German policy experiment from 2012 allows me to identify the short-run and longrun causal effects of decentralization on the placement efficiency of public employment services (PES). I exploit variation over time and across districts with different types of PES in a difference-in-differences...

Persistent link: https://www.econbiz.de/10011417353

Do businessmen make good governors?

Neumeier, Florian - 2016

This paper empirically evaluates the economic performance of U.S. state governors who came to the position from a business background (CEO governors), focusing on income growth, unemployment, private investment, and income inequality. Methodologically, I apply a matching method to account for...

Persistent link: https://www.econbiz.de/10011557923

Decomposing the German East-West wage gap

Kluge, Jan; Weber, Michael - 2015

We demonstrate that almost one half of the observed wage gap between East and West Germany reflects differences in …. Regional price and establishment size differentials alone account for one quarter of the overall East-West wage gap … findings are quite stable over the period from 1996 to 2010 and over the wage distribution …

Persistent link: https://www.econbiz.de/10011340175