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Rational forecasts or social opinion dynamics? : Identification of interaction effects in a business climate survey

Lux, Thomas (contributor) - 2008

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

Unemployment accounts and employment incentives

Brown, Alessio J. G. (contributor); … - 2006

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

They are even larger! : More (on) puzzling labor market volatilities

Gartner, Hermann; Merkl, Christian; Rothe, Thomas - 2009

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

What kind of shock was it? : Regional integration and structural change in Germany after unification

Burda, Michael C. (contributor) - 2007

Eastern Germany's recovery from the unification shockʺ has been characterized by deep structural change with apparent …

Persistent link: https://www.econbiz.de/10003414225

A national systems view of university development : towards a broadened perspective on the entrepreneurial university based on the German and US experience /by Mark Lehrer; Phillip...

Lehrer, Mark (contributor); Nell, Phillip C. (contributor); … - 2007

This paper postulates a life cycle model of university entrepreneurialism at the national level. Based on the analysis, this paper identifies two fundamental sources of such entrepreneurialism: 1) the institutional anchoring of the university of a public-private hybrid form in organization and...

Persistent link: https://www.econbiz.de/10003481679

Changes in the balance of power between the wage and price setters and the Central Bank : consequences for the Phillips curve and the NAIRU

Kromphardt, Jürgen (contributor); … - 2007

Euro area (Germany, France, Italy and Spain), the UK and the USA. The result are very different for the countries …

Persistent link: https://www.econbiz.de/10003485609

Macroeconomic aspects of structural labor market reforms in Germany

Dovern, Jonas (contributor); … - 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/10003373604

Minimum wages and firm training

Lechthaler, Wolfgang (contributor); … - 2006

The paper analyzes the influence of minimum wages on firms' incentive to train their employees. We show that this influence rests on two countervailing effects: minimum wages (i) augment wage compression and thereby raise firms' incentives to train and (ii) reduce the profitability of employees,...

Persistent link: https://www.econbiz.de/10003373639

Extensive vs. intensive margin in Germany and the United States : any differences?

Merkl, Christian; Wesselbaum, Dennis - 2009

This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the …

Persistent link: https://www.econbiz.de/10003929206

Interactions between employment and training policies

Oskamp, Frank (contributor); Snower, Dennis J. (contributor) - 2007

This paper examines the interactions between employment and training policies. Their effectiveness in stimulating income may be interdependent for various important reasons. For example, the more employment policies stimulate the employment rate, the greater the length of time over which workers...

Persistent link: https://www.econbiz.de/10003589213