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Structures and Trends in German Banking
Koetter, Michael; Nestmann, Thorsten; Stolz, Stéphanie; … - 2004
In this paper, we investigate the claim that German banks are special compared to banks in other industrialised economies. We show that banks are of particular importance to the German economy?as financial intermediary, as lender to the corporate sector, and as part of the corporate governance...
Persistent link: https://www.econbiz.de/10010260503
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Cross-country evidence on the determinants of preferences for redistribution
Grimalda, Gianluca; Pipke, David - 2021
hypothesis, is also a significant correlate of preferences for redistribution, the effect being largest in Japan but small in the … effect is only significant in the US and Germany. Overall, the main theories that have been proposed to account for …
Persistent link: https://www.econbiz.de/10012588498
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Noise Traders? Trigger Rates, FX Options, and Smiles
Pierdzioch, Christian - 2000
A contingent claims valuation model which allows to highlight the implications of program trading in spot markets for the pricing of European-style foreign currency options and for the volatility strike structure implicit in these contracts is devoloped. The curvature of the volatility strike...
Persistent link: https://www.econbiz.de/10010260624
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The health gradient and early retirement: Evidence from the German Socio-economic Panel
Hostenkamp, Gisela; Stolpe, Michael - 2006
This paper examines the role of the health gradient – the positive correlation between household income and health – in individual retirement behavior, using data from the German Socio-economic Panel (GSOEP). We first estimate agegroup-specific health gradients and find their slope increases...
Persistent link: https://www.econbiz.de/10010332959
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Aid allocation through various official and private channels: need, merit and self-interest as motives of German donors
Nunnenkamp, Peter; Öhler, Hannes - 2009
Previous literature largely ignores the heterogeneity of aid channels used by each single donor country. We estimate Tobit models to assess the relative importance of recipient need, recipient merit and self-interest of donors for various channels of official and private German aid across a...
Persistent link: https://www.econbiz.de/10010265245
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Is regional innovative activity path-dependent? An empirical analysis for Germany
Bode, Eckhardt - 2001
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10010265496
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Wage cyclicality under different regimes of industrial relations
Gartner, Hermann; Schank, Thorsten; Schnabel, Claus - 2010
Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …
Persistent link: https://www.econbiz.de/10010272104
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Macroeconomic aspects of structural labor market reforms in Germany
Dovern, Jonas; Meier, Carsten-Patrick - 2006
Using a newly constructed macroeconometric model for Germany and the rest of the Euro area, we investigate the … macroeconomic effects of structural labor market reforms in Germany. We find that neither the fact that Germany can no longer pursue … Germany by implementing labor market reforms themselves constitute impediments to successful reforms. Reforms would relative …
Persistent link: https://www.econbiz.de/10010272958
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Commuting, externalities, and the geographical sizes of metropolitan areas
Bode, Eckhardt - 2006
The paper proposes an econometric approach for quantifying jointly the geographical scope of commuting as well as the various forms of agglomeration economies originating from metropolitan centers. Adopting an urban economics perspective, and using land prices to measure their aggregate effects,...
Persistent link: https://www.econbiz.de/10010273114
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Long-run determinants of immigration to Germany 1974 - 1999: A Ricardian framework
Foders, Federico - 2003
This paper examines the long-run determinants of immigration to Germany using a modified version of the Ricardo model …. After a brief overview of labour flows to Germany and the related empirical literature, a Ricardian model of migration is … effect whatsoever on labour flows to Germany in a period of rising unemployment (1974?1999), while variables representing …
Persistent link: https://www.econbiz.de/10010283007