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Economic internationalisation and the distribution of income : a comparison of the cases of Germany and the U.S.
Wacker, Ulrich - 2002
This study compares the effects of economic internationalisation on the functional distribution of labour income in the U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework ofinternational trade theory. Focusing on general...
Persistent link: https://www.econbiz.de/10009471731
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A Comparison of Threshold Cointegration and Markov-Switching Vector Error Correction Models in Price Transmission Analysis
Ihle, Rico; von Cramon-Taubadel, Stephan - 2008
models which is followed by a comprehensive comparison. We find that the assumptions regarding the nature of their regime … techniques do not reproduce the true parameters and are not robust against nuisance parameters. The comparison is supplemented by …
Persistent link: https://www.econbiz.de/10009446910