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Asymmetric capital-tax competition, unemployment and losses from capital market integration
Pethig, Rüdiger; Kolleß, Frieder - 2009
In a multi-country general equilibrium economy with mobile capital and rigidwage unemployment, countries may differ in capital endowments, production technologies and rigid wages. Governments tax capital at the source to maximize national welfare. They account for tax base responses to their tax...
Persistent link: https://www.econbiz.de/10003879121
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How do Beveridge and Phillips curves in the euro area behave under the stress of the world economic crisis?
Sell, Friedrich L.; Reinisch, David C. - 2013
of assumptions - the New Keynesian Phillips curve is (also) a falling convex relationship between the inflation rate and … the explicit positive relationship between the vacancy ratio and the inflation rate. In the second part of the paper, we …
Persistent link: https://www.econbiz.de/10009751609
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"Mismatch" in the labor market and inflation : an integrative model with lessons from the Spanish experience
Pérez Trujillo, Manuel; Ruesga Benito, Santos; Sell, … - 2018
hand and the inflation rate on the other hand. Empirically, we estimate this relationship by developing three different … markets for goods and services will push up inflation. We show the empirical relevance of the modified output gap for Spain …
Persistent link: https://www.econbiz.de/10011946383
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Inflationsdifferenzen im Euroraum : eine Bestandsaufnahme
Michaelis, Jochen (contributor); Minich, Heike (contributor) - 2004
Persistent link: https://www.econbiz.de/10002514078
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Die Weltwirtschaftskrise als Exempel der Überinvestitionstheorie : komplementäre Erklärungsansätze von v. Hayek/Garrison und Minsky
Sell, Friedrich L. - 2010
In diesem Beitrag werden die Grundzüge der Überinvestitionstheorien von Hyman Minsky auf der einen und die von v. Hayek/Garrison auf der anderen Seite zunächst in den „Sprachen“ der Originalbeiträge herausgearbeitet. Anschließend wird ihr möglicher Erklärungsbeitrag für die aktuelle...
Persistent link: https://www.econbiz.de/10003961724
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Desempleo, desajuste en el mercado laboral („mismatch“) e inflación: un modelo integrativo
Sell, Friedrich L. - 2010
a positive relationship («modified output gap») between the rate of inflation on the one hand and the quota of vacancies …
Persistent link: https://www.econbiz.de/10003961725
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Sticky wages in a stochastic DGE model of the business cycle
Gail, Michael (contributor) - 2004
Persistent link: https://www.econbiz.de/10002177467
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Euroland: besser als befürchtet aber schlechter als erhofft?
Michaelis, Jochen; Pflüger, Michael P. - 2002
Persistent link: https://www.econbiz.de/10001684390
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Regional spillovers and spatial heterogeneity in matching workers and employers in Germany
Kosfeld, Reinhold (contributor) - 2006
When job search takes place across labour markets, the standard flow approach to labour market analysis fails to uncover the effectiveness at which workers are matched to available jobs. A spatially augmented matching function is backed by a spatial search model with endogenous search intensity....
Persistent link: https://www.econbiz.de/10003387131
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Wage contracts in a monetary economy with endogenous growth
Maußner, Alfred - 1999
Persistent link: https://www.econbiz.de/10001404729