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The Phillips Curve and NAIRU Revisited: New Estimates for Germany
Fitzenberger, Bernd; Franz, Wolfgang; Bode, Oliver - 2007
This paper provides new estimates of a time?varying NAIRU for Germany taking account of the structural break caused by German unification based on the Kalman Filter and on a partially linear model as two alternatives. Estimating a standard Phillips curve, the sum of coefficients associated with...
Persistent link: https://www.econbiz.de/10010297970
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Will the (German) NAIRU Please Stand up?
Franz, Wolfgang - 2003
This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical instrument, suitable for economic policy: the...
Persistent link: https://www.econbiz.de/10010297287
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Will the (German) NAIRU Please Stand up?
Franz, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2003
This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical instrument, suitable for economic policy: the...
Persistent link: https://www.econbiz.de/10005097479
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The Phillips Curve and NAIRU Revisited: New Estimates for Germany
Fitzenberger, Bernd; Franz, Wolfgang; Bode, Oliver - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007
This paper provides new estimates of a time?varying NAIRU for Germany taking account of the structural break caused by German unification based on the Kalman Filter and on a partially linear model as two alternatives. Estimating a standard Phillips curve, the sum of coefficients associated with...
Persistent link: https://www.econbiz.de/10005098258
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Neues von der NAIRU?
Franz, Wolfgang - 2000
This paper is devoted to a new estimation of the non-accelerating inflation rate of unemployment (NAIRU) for the West … German Economy 1980 to 1998. The novelty of the paper is the estimation of a time-varying NAIRU for West Germany employing …
Persistent link: https://www.econbiz.de/10010297704
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Neues von der NAIRU?
Franz, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2000
This paper is devoted to a new estimation of the non-accelerating inflation rate of unemployment (NAIRU) for the West … German Economy 1980 to 1998. The novelty of the paper is the estimation of a time-varying NAIRU for West Germany employing …
Persistent link: https://www.econbiz.de/10005098136
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Three Approaches to the Evaluation of Active Labour Market Policy in East Germany Using Regional Data
Hagen, Tobias - 2003
regional job seeker rates. A dynamic labour demand estimation indicates that PT has no effects on employment and JCS leads to …
Persistent link: https://www.econbiz.de/10010297275
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A Test of the 'Krugman Hypothesis' for the United States, Britain, and Western Germany
Puhani, Patrick A. - 2003
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...
Persistent link: https://www.econbiz.de/10010297281
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Beschäftigung und Lohnstrukturen nach Qualifikationen und Altersgruppen: Eine empirische Analyse auf Basis der IAB-Beschäftigtenstichprobe
Garloff, Alfred; Fitzenberger, Bernd; Kohn, Karsten - 2003
Diese Arbeit untersucht empirisch den Zusammenhang von Beschäftigung und Lohnstrukturen zwischen sowie innerhalb von Qualifikations- und Altersgruppen. Zunächst werden Substitutionselastizitäten zwischen Qualifikations- und Altersgruppen geschätzt und die Lohnveränderungen bestimmt, die...
Persistent link: https://www.econbiz.de/10010297341
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Descriptive Evidence on Labor Market Transitions and the Wage Structure in Germany
Fitzenberger, Bernd; Garloff, Alfred - 2005
Equilibrium search theory suggests that the wage distribution in a cross section of workers is closely related to labor market transitions and associated wage changes. Accordingly, job?to?job transitions are central in explaining the wage distribution. This paper uses the IAB employment...
Persistent link: https://www.econbiz.de/10010297507