Showing 1 - 10 of 68
firms always have a higher market share, there is no monotonic relationship between firms' productivity level and their … effect". Therefore, the incentive to add more products weakens as productivity rises. This leads to Lemma 3 in Feenstra and … evidence is in line with the results from the theoretical model. -- multi-product firms ; productivity ; optimal product scope …
Persistent link: https://www.econbiz.de/10009672241
This paper provides novel evidence on exchange rate expectations of both chartists and fundamentalists separately. These groups indeed form expectations differently. Chartists change their expectations more often; however, all professionals' expectations vary considerably as they generally...
Persistent link: https://www.econbiz.de/10013107860
manufacturing firms. First, there is a negative correlation between firms' productivity and their export share to low … found between the share of exports to lowincome countries and either productivity or R&D intensity is never in line with the …
Persistent link: https://www.econbiz.de/10011298736
-exporters. However, many firms from the lower end of the productivity distribution are exporters. Germany is a case in point. A recent … study reports that these low-productivity exporters are not marginal exporters defined according to the share of exports in … exports is much higher among exporters from the lower end of the productivity distribution than among highly productive …
Persistent link: https://www.econbiz.de/10010239335
We analyze data from an author‐conducted survey of members of the French and German parliaments on European Monetary Union reform preferences. We consider three potential drivers of preferences: nationality, ideology, and personal characteristics. For European Monetary Union policies like...
Persistent link: https://www.econbiz.de/10012900533
Fiscal rules have become popular to limit deficits and high debt burdens in industrialized countries. A growing literature examines their impact based on aggregate fiscal performance. So far, no evidence exists on how fiscal rules influence deficit expectations of fiscal policy makers. In the...
Persistent link: https://www.econbiz.de/10013052105
We analyze politicians’ expectations about future compliance with a fiscal rule, and in particular the dependence of the expectations on their role in parliament (opposition vs. incumbent government coalition). We study this in the context of the German debt brake, which became a...
Persistent link: https://www.econbiz.de/10013239500
Economic theory suggests both positive and negative relationships between intra-firm wage inequality and productivity … relative minor influence of intra-firm wage inequality on firm productivity. If anything, they provide some support for a view … suggesting that some inequality may be beneficial, while too much leads to a detrimental effect on productivity. …
Persistent link: https://www.econbiz.de/10003640187
While it is a stylized fact that exporting firms pay higher wages than nonexporting firms, the direction of the link between exporting and wages is less clear. Using a rich set of German linked employer-employee panel data we follow over time plants that start to export. We show that the...
Persistent link: https://www.econbiz.de/10003648400
Anschließend an die breite Literatur zur Untersuchung von Produktivitätsdifferentialen zwischen international aktiven und nicht international aktiven Unternehmen liefert der vorliegende Beitrag erstmals Ergebnisse für Deutschland die sowohl Export- als auch Importaktivitäten...
Persistent link: https://www.econbiz.de/10003770503