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Individual sales prices and local vacancy rates in the housing market pose a natural analogy to the wage curve, a popular concept in labor economics that describes how individual wages decrease with higher local unemployment. While housing search and matching models and housing externalities...
Persistent link: https://www.econbiz.de/10011570572
We estimate the impact of a feed-in tariff for renewable power on wind power investment in Germany at the county level …
Persistent link: https://www.econbiz.de/10010357587
matched-model price indexes for personal computer database software. Our database covers the price development in Germany from … software product. The estimation results also confirm the importance of network effects. Code compatibility, i.e. the …
Persistent link: https://www.econbiz.de/10011440581
1994 are used to construct price indices for personal computers in Germany. The use of hedonic methods allows to correct … index. The estimation confirms the importance of quality adjustment since the decline of average prices at 7 percent p.a. is … compared to various indices calculated for the US market it seems that the decline of quality adjusted prices in Germany has …
Persistent link: https://www.econbiz.de/10011445963
local house prices in different market segments. For estimation purposes, we combine city-level demographic information with …
Persistent link: https://www.econbiz.de/10011576969
price of local housing. For estimation purposes, we combine city-level demographic information with housing price data for … 87 cities in Germany over the period 1995-2012. Employing a panel error correction framework that accounts for the …
Persistent link: https://www.econbiz.de/10010510612
whether the peculiar OECD results for Germany on the incidence of social security contributions and taxes also hold up within … in Germany. The main result of the paper is that there is in fact a positive short-run employment effect of a revenue …
Persistent link: https://www.econbiz.de/10011439693
constants are provided. Whereas the estimation results from the usual GMM estimator would contradict the theory, the empirical …
Persistent link: https://www.econbiz.de/10011440610
Germany, as most other European countries, has been plagued by a persistently high level of long-term unemployment … level of long-term unemployment in Germany relative to the United States? …
Persistent link: https://www.econbiz.de/10011440778
The missing effect of investments of firms in information and communication technologies on productivity is studied by various recent papers (e.g. Oliner and Sichels 1994, Landauer 1995, Brynjolfsson and Hitt 1996). Several explanations are given for this missing link. Our paper deals with two...
Persistent link: https://www.econbiz.de/10011440920