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first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany … in other countries leading to a feedback on Germany. The paper provides a short overview over the basic model. The …
Persistent link: https://www.econbiz.de/10011444754
The ongoing discussion of U.S.-Japanese trade relations suggests that national differences such as in the institutional environment may be relevant for assessing international trade policies. However, economic trade theory often assumes countries to be organized around common notions of complete...
Persistent link: https://www.econbiz.de/10011447859
This paper examines return predictability when the investor is uncertain about the right state variables. A novel feature of the model averaging approach used in this paper is to account for finite-sample bias of the coefficients in the predictive regressions. Drawing on an extensive...
Persistent link: https://www.econbiz.de/10003728591
innovative technology within this trajectory. As for the diffusion of SC, the paper concentrates on Germany, USA, China and Japan …. The analysis shows that the typical lead market pattern applies only to a limited extent. In the 1960s and 1970s, the USA … Germany in terms of regulation. In the near future, demand advantages will switch to China. This supports also the hypothesis …
Persistent link: https://www.econbiz.de/10003745105
large economies, USA, United Kingdom, Germany, France and Japan. The empirical results show that although the pure NGARCH …
Persistent link: https://www.econbiz.de/10003670896
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz ….S. and Germany but there were various country specific aspects of this increase. For the U.S., we find faster wage growth … Germany. Moreover, we see a large role played by cohort effects in Germany, while we find only small cohort effects in the U …
Persistent link: https://www.econbiz.de/10003946254
States and Germany where the equivalent of the Bay-Dole-Act has come into force only in 2002. Based on a sample of more than … 800 university scientists, our results show similar relationships for the United States and Germany. Faculty quality which …
Persistent link: https://www.econbiz.de/10003857707
, Germany, Japan and the USA taking into account the different regulation schemes in these countries. We concentrate on … only applies to a limited extent. In the 1960s and 1970s, the USA has established a lead market for SC und USC technologies … leader in the market segment of low and middle quality boilers, whereas Japan and Germany still dominate the world turbine …
Persistent link: https://www.econbiz.de/10009658145
Through a survey, economic value estimates were obtained on 962 inventions made in the United States and Germany and on …
Persistent link: https://www.econbiz.de/10011440946
We explore the tail of patented invention value distributions by using value estimates obtained directly from patent holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U.S. residents. The most valuable patents in our data...
Persistent link: https://www.econbiz.de/10011440960