Showing 1 - 10 of 215
In this paper we make use of a unique dataset collected in the central train station of Kiel, Germany. A group ticket …
Persistent link: https://www.econbiz.de/10003983147
This paper develops a methodology for estimating the parameters of dynamic opinion or expectation formation processes with social interactions. We study a simple stochastic framework of a collective process of opinion formation by a group of agents who face a binary decision problem. The...
Persistent link: https://www.econbiz.de/10003715033
labour market institutions: Germany, the UK and Denmark. To do so we use individual level data sets for the three countries …
Persistent link: https://www.econbiz.de/10003640083
We use weekly survey data on short-term and medium-term sentiment of German investors in order to study the causal relationship between investors' mood and subsequent stock price changes. In contrast to extant literature for other countries, a tri-variate vector autoregression for short-run...
Persistent link: https://www.econbiz.de/10003785005
We contribute to the nascent literature on the heterogeneity of multinational enterprises (MNEs) and the relevance of firm characteristics for analyzing the determinants of outward foreign direct investment (FDI). The focus is on the role of firm-level heterogeneity when MNEs decide on the share...
Persistent link: https://www.econbiz.de/10003772206
We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...
Persistent link: https://www.econbiz.de/10003313858
Assembly. -- Aid allocation ; aid channels ; donor motives ; Germany ; Tobit models …
Persistent link: https://www.econbiz.de/10003864489
This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...
Persistent link: https://www.econbiz.de/10003825019
microfounded model of searching workers and firms, calibrate it to Germany and perform the policy experiment of implementing the … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality … Germany - the reduction of unemployment effect is nearly 40% greater when the policies are implemented in conjunction than in …
Persistent link: https://www.econbiz.de/10003850634
In addition to firm and industry characteristics, the heterogeneity of foreign direct investment (FDI) has to be taken into account when analyzing the determinants of outward FDI. We combine two firm-specific datasets on German firms with subsidiaries and joint ventures in the Czech Republic,...
Persistent link: https://www.econbiz.de/10003872043