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Modeling German unification in a disequilibrium framework

Winker, Peter; Smolny, Werner; Radowski, Daniel - 1999

Unification fundamentally changed the terms of quantitative macroeconomic analysis for Germany. Two main areas … concerned are data availability for the eastern part of Germany and structural changes within the behavioural equations after … Germany. The challenge is to handle the structural break in the time series and the economic model by applying a SUR estimator …

Persistent link: https://www.econbiz.de/10011443482

The unification bonus (malus) in postwall Eastern Germany

Beblo, Miriam; Collier, Irwin L.; Knaus, Thomas - 2001

centralized to a market economy and the estimation of plausible counterfactual income streams. Our central result is that 19 …

Persistent link: https://www.econbiz.de/10011446171

The economic impact of Olympic Games : evidence from stock markets

Dick, Christian D. (contributor); Wang, Qingwei (contributor) - 2008

By means of an event study of stock market reactions to the announcement of the Olympic Games host cities, we find a significant and positive announcement effect of hosting the Summer Games, with a cumulative abnormal return of about 2% within a few days. We do not find any significant results...

Persistent link: https://www.econbiz.de/10003745113

Projecting the medium-term : outcomes and errors for GDP growth

Kappler, Marcus (contributor) - 2007

The focus of this paper is the evaluation of a very popular method for potential output estimation and medium-term forecasting the production function approachin terms of predictive performance. For this purpose, a forecast evaluation for the three to five years ahead predictions of GDP growth...

Persistent link: https://www.econbiz.de/10003582516

Cooperation in international environmental negotiations due to a preference for equity

Lange, Andreas; Vogt, Carla - 2001

This paper demonstrates that cooperation in international environmental negotiations can be explained by preferences for equity. Within a N-country prisoner's dilemma in which agents can either cooperate or defect, in addition to the standard non-cooperative equilibrium, cooperation of a large...

Persistent link: https://www.econbiz.de/10011445929

Energy biased technical change : a CGE analysis

Otto, Vincent M. (contributor); … - 2005

technical change, and the economy. We derive the equilibrium determinants of biased technical change and show the importance of …

Persistent link: https://www.econbiz.de/10002905851

Decomposing integrated assessment climate change

Böhringer, Christoph (contributor); … - 2005

We present a decomposition approach for integrated assessment modeling of climate policy based on a linear approximation of the climate system. Our objective is to demonstrate the usefulness of decomposition for integrated assessment models posed in a complementarity format. First, the...

Persistent link: https://www.econbiz.de/10003110020

Earnings losses after non-employment increase with age

Zwick, Thomas (contributor) - 2008

This paper shows that earnings losses after unemployment increase with age. First, older employees start out with relatively high earnings in comparison to employees without employment interruptions several years before the non-employment spell. This earnings advantage turns into a strong...

Persistent link: https://www.econbiz.de/10003728393

Heterogeneous labour markets in a microsimulation-AGE model : application to welfare reform in Germany

Boeters, Stefan (contributor); Feil, Michael (contributor) - 2008

Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...

Persistent link: https://www.econbiz.de/10003728424

Noncognitive skills, Internet use and educational dropout

Coneus, Katja (contributor); Gernandt, Johannes (contributor) - 2008

Using data from the German Socio-Economic Panel for the years 2000 to 2006 we analyze the determinants and labor market effects of educational dropout. In addition to classical variables like family background and occupation, we examine noncognitive skills and Internet use. Noncognitive skills...

Persistent link: https://www.econbiz.de/10003728547

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