Showing 1 - 9 of 9
Zusammenfassung Diese Anmerkung zeigt, dass das reale Bruttoinlandsprodukt der Bundesrepublik Deutschland einem trendstationären Prozess folgt. Dabei werden sowohl ökonometrische Tests, bei denen die Trendstationarität die Alternativhypothese ist, eingesetzt als auch solche, bei denen sie die...
Persistent link: https://www.econbiz.de/10014608825
Abstract In this paper we consider the robustness to error autocorrelation of four stationarity tests. The size and …
Persistent link: https://www.econbiz.de/10014612538
There will always be inequalities in economic development within a country. The composition of the population, the presence of large economic players, the presence of good schools and universities make the ascendance of a population towards economic improvement easier in one region compared with...
Persistent link: https://www.econbiz.de/10012045477
This paper assesses empirically two competing unemployment theories. It identifies one structural break in U.K. and German unemployment around 1980 that is more severe in both absolute and relative terms than that for the United States in 1973. This offers support for the structuralist theory. A...
Persistent link: https://www.econbiz.de/10014620849
Summary This paper expands the empirical analysis of hysteresis in trade in two directions. First, it uses disaggregate … test for the non-linear parameter. The model is flexible in the functional form of hysteresis and it allows for testing … weak vs. strong hysteresis and perfect hysteresis vs. strong persistence. The result shows that previous tests made too …
Persistent link: https://www.econbiz.de/10014608628
having permanent effects on German unemployment. This difference in hysteresis, however, depends on the sample. Using … in more recent subsamples.We conclude that hysteresis has turned into a dominating feature also on US labour market more …
Persistent link: https://www.econbiz.de/10014609253
Summary The number of self-employed workers in Europe has been in decline since the 1990s. At the same time unemployment has decreased and GDP per capita increased. In this study we analyse macroeconomic causes of these trends for the EU 15. We use data from the European Labour Force Survey for...
Persistent link: https://www.econbiz.de/10014609139
This paper shows how to take into account risk aversion when measuring poverty under income variability. An application to British panel data suggests that income and poverty comparisons between the self-employed and other groups of households are sensitive to assumptions on the degree of risk...
Persistent link: https://www.econbiz.de/10014587495
Persistent link: https://www.econbiz.de/10014630854