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International Evidence on Sticky Consumption Growth

Carroll, Christopher D. - 2008

We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...

Persistent link: https://www.econbiz.de/10012464771

Explaining Women's Success : Technological Change and the Skill Content of Women's Work

Black, Sandra E. - 2007

. Using data from West Germany, we find that women have witnessed relative increases in non-routine analytic tasks and non …

Persistent link: https://www.econbiz.de/10012465538

Peer Effects in European Primary Schools : Evidence from PIRLS

Ammermueller, Andreas - 2006

We estimate peer effects for fourth graders in six European countries. The identification relies on variation across classes within schools. We argue that classes within primary schools are formed roughly randomly with respect to family background. Similar to previous studies, we find sizeable...

Persistent link: https://www.econbiz.de/10012466488

Zero Returns to Compulsory Schooling In Germany : Evidence and Interpretation

Pischke, Jorn-Steffen - 2005

the range of 10 to 15 percent. We find no return to compulsory schooling in Germany in terms of higher wages. We … investigate whether this is due to labor market institutions or the existence of the apprenticeship training system in Germany … most relevant for the labor market are learned earlier in Germany than in other countries …

Persistent link: https://www.econbiz.de/10012467265

Changing Monetary Policy Rules, Learning, and Real Exchange Rate Dynamics

Mark, Nelson C. - 2005

When central banks set nominal interest rates according to an interest rate reaction function, such as the Taylor rule, and the exchange rate is priced by uncovered interest parity, the real exchange rate is determined by expected inflation differentials and output gap differentials. In this...

Persistent link: https://www.econbiz.de/10012467626

Catching-Up to Foreign Technology? Evidence on the "Veblen-Gerschenkron" Effect of Foreign Investments

Peri, Giovanni - 2004

The presence of foreign multinational enterprises may benefit local economies. In particular, highly productive foreign-owned firms may promote technological catch-up of local firms. Such channel of spillovers is defined as "Veblen-Geschenkron" effect of Foreign Direct Investments and is...

Persistent link: https://www.econbiz.de/10012467794

Are Migrants More Skilled than Non-Migrants? Repeat, Return and Same-Employer Migrants

Hunt, Jennifer - 2004

I examine the determinants of inter-state migration of adults within western Germany, using the German Socio …

Persistent link: https://www.econbiz.de/10012468060

The Effects of Website Provision on the Demand for German Women's Magazines

Kaiser, Ulrich - 2002

The effect of website provision on the demand for German women's magazines is analyzed using differentiated product demand models estimated on panel data that cover the period 1990 2000. Descriptive evidence on the magazines' website contents suggests that websites are used to provide...

Persistent link: https://www.econbiz.de/10012469909

Uncovered Interest Rate Parity and the Term Structure

Bekaert, Geert - 2002

This paper examines uncovered interest rate parity (UIRP) and the expectations hypotheses of the term structure (EHTS) at both short and long horizons. The statistical evidence against UIRP is mixed and is currency- not horizon-dependent. Economically, the deviations from UIRP are less...

Persistent link: https://www.econbiz.de/10012469920

"Beauty Is the Promise of Happiness"?

Hamermesh, Daniel S. - 2011

, the U.K., and Germany, we construct beauty measures in different ways that allow placing lower bounds on the effects of …

Persistent link: https://www.econbiz.de/10012461331