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The impact of monetary instruments on shock absorption in EU-countries
Müller, Claudia; Buscher, Herbert S. - 1999
The main characteristic of the implementation of the European Monetary Union (EMU) is the transition from various national currencies to the Euro, the common European currency. A final fixing of the individual bilateral exchange rates of all European countries involved in the Monetary Union...
Persistent link: https://www.econbiz.de/10011442518
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Wage insurance within German firms : do institutions matter?
Gürtzgen, Nicole - 2009
Using a large linked employer-employee data set, this paper studies the extent to which employers insure workers against transitory and permanent firm-level shocks. Particular emphasis is given to the question of whether the amount of wage insurance depends on the nature of industrial relations....
Persistent link: https://www.econbiz.de/10003873008
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Impacts of parental health on children's development of personality traits and problem behavior : evidence from parental health shocks
Morefield, Brant; Mühlenweg, Andrea M.; Westermaier, Franz - 2011
In this paper, we examine how parental health affects children's development of personality traits and problem behavior. Based on a German mother-and-child data base, we draw on observed parental health shocks as a more exogenous source of health variation to identify these effects and control...
Persistent link: https://www.econbiz.de/10009244239
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Offshoring and labor income risk
Hogrefe, Jan; Yao, Yao - 2012
This paper analyzes the impact increased offshoring has on labor income risk. It is therefore distinct from a large number of studies explaining the level effects of globalization on the labor market in that it takes a look at effects on second moments, i.e. the variance of incomes. It provides...
Persistent link: https://www.econbiz.de/10009521124
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Labour mobility - an adjustment mechanism in Euroland? : empirical evidence for Western Germany, France and Italy
Puhani, Patrick A. - 1999
highest in Germany, followed by France, and Italy. However, even in Germany, the accommodation of a shock to unemployment by … European Union. Regression results are provided for Western Germany, France, and Italy. It is shown that labour mobility is …
Persistent link: https://www.econbiz.de/10011443287
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Wage rigidities in Western Germany? : microeconometric evidence from the 1990s
Puhani, Patrick A. - 2001
This paper investigates whether and in what sense the west German wage structure has been "rigid" in the 1990s. To test the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a methodology which makes less restrictive identifying...
Persistent link: https://www.econbiz.de/10011446629
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Sources of German unemployment : evidence from a structural VAR model
Linzert, Tobias - 2001
This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …
Persistent link: https://www.econbiz.de/10011446670
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A test of the "Krugman hypothesis" for the United States, Britain, and Western Germany
Puhani, Patrick A. - 2003
large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment … in Germany increased (unlike in the U.S. and Britain, where it fell). British and German evidence is further backed up … with alternative data sets for these countries. I find evidence for the Krugman hypothesis when Germany is compared to the …
Persistent link: https://www.econbiz.de/10011448440
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Capital mobility within EMU
Stirböck, Claudia; Heinemann, Friedrich - 1999
Capital mobility is helpful to cope with the loss of adjustment instruments in EMU. High capital mobility in the sense of Feldstein and Horioka (FH) can limit the negative consequences of shocks affecting the saving capacity of an economy in the Eurozone. It is the aim of this paper to assess...
Persistent link: https://www.econbiz.de/10011442627
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What lures cross-border venture capital inflows?
Schertler, Andrea; Tykvová, Tereza - 2010
The change in the business model of venture capitalists from investing locally towards investing across borders started to intensify in the late 1990s. According to a dataset of European and North-American countries, we find that countries with higher expected growth and higher lagged stock...
Persistent link: https://www.econbiz.de/10003927728