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In contrast to previous results combining all ages we find positive effects of comparison income on happiness for the … income effects. In GSOEP they cancel to give no effect of effect of comparison income on life satisfaction in the whole …
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Germany to confirm a weakening of monetary policy effectiveness over time with regards to unemployment and inflation. After …
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This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
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large economies, USA, United Kingdom, Germany, France and Japan. The empirical results show that although the pure NGARCH …
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