Showing 1 - 10 of 19,895
Persistent link: https://www.econbiz.de/10010520772
den USA. Frühere Untersuchungen haben gezeigt, dass die extensive Margin dominiert und, dass, zweitens, in beiden Ländern … der extensiven und der intensiven Margin in den USA im zeitlichen Verlauf relativ stabil ist, variiert deren relative … den USA. Allerdings hängt ihre tatsächliche quantitative Bedeutung in erheblichem Umfang von der Wahl des …
Persistent link: https://www.econbiz.de/10011433362
Persistent link: https://www.econbiz.de/10009765139
The cyclicality of real wages has important implications for the validity of competing business cycle theories. However, the empirical evidence on the aggregate level is inconclusive. Using a threshold vector autoregressive model for the US and Germany to condition the relationship between real...
Persistent link: https://www.econbiz.de/10011449261
Theories such as Minsky's financial instability hypothesis or New Keynesian financial accelerator models assign a key role to financial factors in business cycle dynamics. We present descriptive statistics and a simple estimation framework to examine the financial-real interaction mechanisms...
Persistent link: https://www.econbiz.de/10011927005
Persistent link: https://www.econbiz.de/10011860598
Persistent link: https://www.econbiz.de/10011862202
Persistent link: https://www.econbiz.de/10012197523
We estimate the elasticities of the most important tax categories using a new quarterly database of discretionary tax measures for the United States, Germany, and the United Kingdom over the period 1980Q1 to 2018Q2. Employing Romer and Romer's (2009) narrative approach, we construct a...
Persistent link: https://www.econbiz.de/10012543418
Persistent link: https://www.econbiz.de/10000552758