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This paper uses a long time series of German employment data to test the theory of Ngai & Pissarides (2007). The theory suggests that the shift of employment shares from manufacturing to services is due to divergent growth rates of total factor productivity (TFP) in the two sectors. To test the...
Persistent link: https://www.econbiz.de/10010514034
This paper uses a long time series of German employment data to test the theory of Ngai & Pissarides (2007). The theory suggests that the shift of employment shares from manufacturing to services is due to divergent growth rates of total factor productivity (TFP) in the two sectors. To test the...
Persistent link: https://www.econbiz.de/10010532079
Persistent link: https://www.econbiz.de/10011287693
Following Max Weber, many theories have hypothesized that Protestantism should have favored economic development. With its religious heterogeneity, the Holy Roman Empire presents an ideal testing ground for this hypothesis. Using population figures of 272 cities in the years 1300-1900, I find no...
Persistent link: https://www.econbiz.de/10009747005
. Using long-term panel data for Germany and the United Kingdom, we do not find robust evidence for a relationship between GDP …: the United States, Germany, and the United Kingdom. …
Persistent link: https://www.econbiz.de/10009747819
. Using long-term panel data for Germany and the United Kingdom, we do not find robust evidence for a relationship between GDP …: the United States, Germany, and the United Kingdom. …
Persistent link: https://www.econbiz.de/10009759758
This paper investigates the role intangible capital plays for economic growth in different sectors in Germany. It … Germany. In nearly all sectors investments in design and computerized information are larger in the UK. In contrast, German …
Persistent link: https://www.econbiz.de/10010385066
. Using long-term panel data for Germany and the United Kingdom, we do not find robust evidence for a relationship between GDP …-income hypothesis: the United States, Germany, and the United Kingdom. …
Persistent link: https://www.econbiz.de/10010338942
Germany is often criticized for its large current account surpluses. The surpluses are caused by differences in … economic growth between Germany and its major trading partners, the innovative strength of German enterprises, as well as … Economic and Monetary Union (EMU) induced large net capital exports of Germany into the peripheral economies which mirrored the …
Persistent link: https://www.econbiz.de/10010366172
The paper presents an analysis of real income convergence between the 11 countries of Central Eastern Europe which have joined the European Union (EU11) and 15 countries of Western Europe (EU15) in the period 1993-2015. The evolution of the income gap between the two groups of countries in terms...
Persistent link: https://www.econbiz.de/10011548764