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Persistent link: https://www.econbiz.de/10010257567
We investigate whether the macroeconomic effects of government spending shocks vary with the level of uncertainty. Using postwar US data and a Self-Exciting Interacted VAR (SEIVAR) model, we find that fiscal spending has positive output effects in tranquil times but is contractionary during...
Persistent link: https://www.econbiz.de/10012268062
considerably larger shares of the gender wage gap than does the standard decomposition. …
Persistent link: https://www.econbiz.de/10013328101
graduates in Germany, we study gender differences in the decision to stay at university as a postdoctoral researcher and in the … intention to become a professor. We find that gender gaps related to aiming for a professorship can be fully explained by … observable characteristics other than gender. On the contrary, even after adding controls for an array of characteristics …
Persistent link: https://www.econbiz.de/10012435498
of the world and risk premia shocks, followed by domestic non-fiscal shocks, amongst them the technology shock being the …
Persistent link: https://www.econbiz.de/10010486694
In 2009, Germany invested 15.4 Billion Euro in infrastructure to avert the looming recession. In this study, we evaluate whether the German stimulus program was successful in limiting the impact of the crisis on the job market. We exploit exogenous cross-sectional variation to identify the...
Persistent link: https://www.econbiz.de/10010341046
Persistent link: https://www.econbiz.de/10011387743
Despite the increasing occurrence of part-time employment in Germany, the effects on wage rates are rarely studied. I … experience in part-time employment generates no positive returns, implying that reduced working hours do not only cause short …
Persistent link: https://www.econbiz.de/10010338945
Persistent link: https://www.econbiz.de/10011759262
This paper examines recent trends in employment patterns on the labor market for youth and changing returns to early … employment stability over the past four decades. True state dependence is identified by exploiting exogenous variation in …. The results indicate decreasing employment stability for youth since the late 1980s limited to the lower half of the …
Persistent link: https://www.econbiz.de/10010338402