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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 … ; productivity ; Germany …

Persistent link: https://www.econbiz.de/10003796129

Implied market price of weather risk

Härdle, Wolfgang; López Cabrera, Brenda - 2009

Weather influences our daily lives and choices and has an enormous impact on cooperate revenues and earnings. Weather derivatives differ from most derivatives in that the underlying weather cannot be traded and their market is relatively illiquid. The weather derivative market is therefore...

Persistent link: https://www.econbiz.de/10003796146

On the systemic nature of weather risk

Filler, Guenther; Odening, Martin; Okhrin, Ostap - 2009

dependencies between multivariate random variables. The estimation procedure is applied to weather data in Germany. Our results …

Persistent link: https://www.econbiz.de/10003796148

How does entry regulation influence entry into self-employment and occupational mobility?

Prantl, Susanne; Spitz-Oener, Alexandra - 2009

differences between regulated occupations and unregulated occupations in East Germany to the corresponding differences in West … Germany after reunification. Consistent with our expectations, we find that entry regulation reduces entry into selfemployment … and occupational mobility after reunification more in regulated occupations in East Germany than in West Germany. Our …

Persistent link: https://www.econbiz.de/10003850715

Trade-off between consumption growth and inequality : theory and evidence for Germany

Xie, Runli - 2009

This paper examines the structure and evolution of consumption and consumption growth inequality. Once heterogeneous agents relate their neighbors' consumption to their own, consumption volatility and inequality are affected. The relationship predicted between the group average consumption...

Persistent link: https://www.econbiz.de/10003850730

Product policy and the East-West productivity gap

Görzig, Bernd; Gornig, Martin; Voshage, Ramona; … - 2009

product policy. We analyse these questions with a unique data set provided by Statistics Germany that contains both product …

Persistent link: https://www.econbiz.de/10003905583

Der Einfluss von Exporten auf die betriebliche Entwicklung

Mangelsdorf, Stefan - 2009

Exporte gelten als Wachstumsmotor der deutschen Wirtschaft und werden von der Wirtschaftspolitik auf vielfältige Weise gefördert. Doch führt die Förderung der Aufnahme von Handelsbeziehungen mit dem Ausland durch Betriebe, die bislang nicht exportierten, wirklich zu einem Wachstum der...

Persistent link: https://www.econbiz.de/10003905610

Renting versus owning and the role of income risk : the case of Germany

Schulz, Rainer; Wersing, Martin; Werwatz, Axel - 2009

panel data from West Germany, we establish homogeneous profession groups and estimate their regional net income risk and …

Persistent link: https://www.econbiz.de/10003905617

Is cross-category brand loyalty determined by risk aversion?

Silberhorn, Nadja; Hildebrandt, Lutz - 2009

The need to understand and leverage consumer-brand bonds has become critical in a marketplace characterized by increasing unpredictability, diminishing product differentiation, and heightened competitive pressure. This is especially true for fast moving consumer goods (FMCG) manufacturers and...

Persistent link: https://www.econbiz.de/10003905623

Consumption growth and volatility with consumption externalities

Xie, Runli - 2010 - This draft: November, 2010

This paper studies the link between group-specific consumption growth and volatility within a framework of heterogeneous agents, under the assumption of a consumption externality. Household preferences are related to the volatility through asset holding decisions: volatility decreases with...

Persistent link: https://www.econbiz.de/10008749791