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Extensive versus intensive margin over the business cycle : new evidence for Germany and the United States

Herzog-Stein, Alexander; Nüß, Patrick - 2016

cycle in Germany and in the United States. Previous research has found that, firstly, the extensive margin dominates and … Germany it is quite volatile over time. In general the intensive margin in Germany is more important than in the United States … Great Recession and the subsequent time period the intensive margin is dominant in Germany independent of the choice of the …

Persistent link: https://www.econbiz.de/10011433362

Variability of dynamic correlation : the evidence of sector-specific shocks in V4 countries

Poměnková, Jitka; Kapounek, Svatopluk; Maršálek, Roman - In: Prague economic papers : a bimonthly journal of … 23 (2014) 3, pp. 371-387

Persistent link: https://www.econbiz.de/10011285620

Univariate characterization of the German business cycle 1955-1994

Weihs, Claus; Garczarek, Ursula - 2002

We present a descriptive analysis of stylized facts for the German business cycle. We demonstrate that simple ad-hoc instructions for identifying univariate rules characterizing the German business cycle 1955-1994 lead to an error rate comparable to standard multivariate methods.

Persistent link: https://www.econbiz.de/10009770530

Business cycles, unemployment and entrepreneurial entry : evidence from Germany

Fritsch, Michael; Kritikos, Alexander; Pijnenburg, Katharina - 2013

what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany …

Persistent link: https://www.econbiz.de/10010229512

Markov switching with endogenous number of regimes and leading indicators in a real-time business cycle forecast : conference paper

Theobald, Thomas - 2013

This paper uses several macroeconomic and financial indicators within a Markov Switching (MS) framework to predict the turning points of the business cycle. The presented model is applied to monthly German real-time data covering the recession and the recovery after the financial crisis. We show...

Persistent link: https://www.econbiz.de/10010339952

Kaiser, Ulrich; Voß, Katrin - 1999

In an a priori view, it is usually assumed that the business cycle of manufacturing industries leads the business cycle of the service sector. This seems to be even more plausible for the relationship between business-related services, whose high growth rates in recent years were largely due to...

Persistent link: https://www.econbiz.de/10011442943

History dependence in wages and cyclical selection : evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2016

Using administrative data from Germany, this paper analyzes the relation between wages and past and current labor …

Persistent link: https://www.econbiz.de/10011544266

Employment effects of innovations over the business cycle : firm-level evidence from European countries

Dachs, Bernhard; Hud, Martin; Koehler, Christian; … - 2016

A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper, we investigate the employment effects of innovations...

Persistent link: https://www.econbiz.de/10011563081

Grown-up business cycles

Pugsley, Benjamin; Şahin, Ayşegül - 2014

We document two striking facts about U.S. firm dynamics and interpret their significance for aggregate employment dynamics. The first observation is the steady decline in the firm entry rate over the last thirty years, and the second is the gradual shift of employment from younger to older firms...

Persistent link: https://www.econbiz.de/10010459706

Self-employment against employment or unemployment : Markov transitions across the business cycle

Constant, Amelie; Zimmermann, Klaus F. - In: Eurasian business review 4 (2014) 1, pp. 51-87

Persistent link: https://www.econbiz.de/10010493686