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Konjunkturprognosen: Verfahren, Erfolgskontrolle und Prognosefehler
Grömling, Michael - 2005
The economic forecasts for Germany in the period 2001 to 2003 grossly missed reality. Forecasters estimated an average annual growth rate of 1.6 per cent, but real GDP actually grew by only 0.3 per cent per annum. In 2003 the real GDP in Germany even shrank by 0.1 per cent. Forecasters tend to...
Persistent link: https://www.econbiz.de/10010262887
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Measurement matters: Input price proxies and bank efficiency in Germany
Koetter, Michael - 2005
Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price when estimating efficient frontiers. But the theoretical foundation of most studies is a cost minimisation and/ or profit maximisation problem assuming perfect input markets. At...
Persistent link: https://www.econbiz.de/10010295894
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Closing in on Closure. Occupational Closure and Temporary Employment in Germany
Stuth, Stefan - 2017
There is now ample evidence of a rise in ‘non-standard work arrangements’ in many industrialised economies, yet only rarely does theoretical and empirical work probe the question of why the risk of temporary employment varies. Focusing on temporary employment, the author extends the scope of...
Persistent link: https://www.econbiz.de/10012051225
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Estimating the welfare costs of very high inflations and hyperinflations
Benati, Luca; Nicolini, Juan Pablo - 2024
We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic's hyperinflation and three high-inflation countries. Towards the peak of Weimar's hyperinflation the costs are estimated to have been equal to nearly 20 per cent of income. For Israel,...
Persistent link: https://www.econbiz.de/10014494959
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The Information Value of Central School Exams
Schwerdt, Guido; Woessmann, Ludger - 2015
The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By … grades differs between central and local exams. We find that the earnings premium for a one standard-deviation increase in … high-school grades is indeed 6 percent when obtained on central exams but less than 2 percent when obtained on local exams …
Persistent link: https://www.econbiz.de/10011307069
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The Information Value of Central School Exams
Schwerdt, Guido; Woessmann, Ludger - 2015
The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By … grades differs between central and local exams. We find that the earnings premium for a one standard-deviation increase in … high-school grades is indeed 6 percent when obtained on central exams but less than 2 percent when obtained on local exams …
Persistent link: https://www.econbiz.de/10011307322
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The winding road to industrial safety: Evidence on the effects of environmental liability on accident prevention in Germany
Hoffmeister, Onno; Schwarze, Reimund - 2007
The German Environmental Liability Law (ELL) of 1991 has introduced far-reaching civil liability for environmental damages with the aim to increase firms? efforts to prevent accidents. Previous studies find poor evidence that this goal has actually been achieved. One and a half decades after the...
Persistent link: https://www.econbiz.de/10010293420
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Why are mothers working longer hours in Austria than in Germany? A comparative micro simulation analysis
Dearing, Helene; Hofer, Helmut; Lietz, Christine; … - 2007
Labor force participation rates of mothers in Austria and Germany are similar, however full-time employment rates are much higher among Austrian mothers. In order to find out to what extent these differences can be attributed to differences in the tax transfer-system, we perform a comparative...
Persistent link: https://www.econbiz.de/10010293998
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Exports, R&D and productivity: A test of the Bustos-model with German enterprise data
Wagner, Joachim - 2012
This paper presents the first empirical test with German firm level data of a hypothesis derived by Bustos (AER 2011) in a model that explains the decision of heterogeneous firms to export and to engage in R&D. Using a non-parametric test for first order stochastic dominance it is shown that, in...
Persistent link: https://www.econbiz.de/10010294473
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Lingering illness or sudden death? Pre-exit employment developments in German establishments
Fackler, Daniel; Schnabel, Claus; Wagner, Joachim - 2012
Using a large administrative dataset for Germany, this paper compares employment developments in exiting and surviving establishments. For both West and East Germany we find a clear shadow of death effect reflecting lingering illness: establishments shrink dramatically already several years...
Persistent link: https://www.econbiz.de/10010294474