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The Anglo-German industrial productivity paradox, 1895-1938: A restatement and a possible resolution
Ritschl, Albrecht - 2006
Recent research on international productivity comparisons with historical data has encountered large discrepancies between benchmark comparisons and time series extrapolations from other benchmarks. Broadberry and Burhop (2005) have recently argued that for Hoffmann's (1965) widely accepted time...
Persistent link: https://www.econbiz.de/10010263644
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Understanding West German economic growth in the 1950s
Eichengreen, Barry; Ritschl, Albrecht - 2008
We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence …
Persistent link: https://www.econbiz.de/10010263753
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Explaining regional unemployment differences in Germany: A spatial panel data analysis
Lottmann, Franziska - 2012
the data. Our study covers the whole of Germany as well as East andWest Germany separately. We exploit district-level data …
Persistent link: https://www.econbiz.de/10010281550
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What explains the German labor market miracle in the Great Recession?
Burda, Michael C.; Hunt, Jennifer - 2011
Germany experienced an even deeper fall in GDP in the Great Recession than the United States with little employment …
Persistent link: https://www.econbiz.de/10010286433
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A strategic mediator who is biased into the same direction as the expert can improve information transmission
Mechtenberg, Lydia; Münster, Johannes - 2011
This note reconsiders communication between an informed expert and an uninformed decision maker with a strategic mediator in a discrete Crawford and Sobel (1982) setting. We show that a strategic mediator may improve communication even when he is biased into the same direction as the expert. The...
Persistent link: https://www.econbiz.de/10010281512
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The persistance of "bad" precedents and the need for communication: A coordination experiment
Fehr, Dietmar - 2011
Precedents can facilitate successful coordination within groups by reducing strategic uncertainty, but they may lead to coordination failure when two groups with diverging precedents have to interact. This paper describes an experiment to explore how such coordination failure can be mitigated...
Persistent link: https://www.econbiz.de/10010281540
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Measuring the effects of geographical distance on stock market correlation
Eckel, Stefanie; Löffler, Gunter; Maurer, Alina; … - 2009
Recent studies suggest that the correlation of stock returns increases with decreasing geographical distance. However, there is some debate on the appropriate methodology for measuring the effects of distance on correlation. We modify a regression approach suggested in the literature and...
Persistent link: https://www.econbiz.de/10010263768
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Regional labor markets, network externalities and migration: The case of German reunification
Uhlig, Harald - 2006
Barro (1991), except that migration out of East Germany has not slowed down. I document that in particular the 18-29 year … old are leaving East Germany, and that the emigration has accelerated in recent years. To understand these patterns, I … emigration (West Germany) and one with a low networking rate, low average labor productivity, high unemployment and a constant …
Persistent link: https://www.econbiz.de/10010263617
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What kind of shock was it? Regional integration and structural change in Germany after unification
Burda, Michael C. - 2006
Eastern Germany's recovery from the unification shock has been characterized by deep structural change - with apparent …
Persistent link: https://www.econbiz.de/10010263667
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The drivers and implications of business divestiture: An application and extension of prior findings
Decker, Carolin; Mellewigt, Thomas - 2007
The purpose of this study is to extend the current understanding of business divestiture by investigating its potential for triggering strategic reorientation. A divestiture involving strategic reorientation is here denoted as a strategic business exit, otherwise it is a status quopreserving...
Persistent link: https://www.econbiz.de/10010263702