Diesem Bericht kann man die Ergebnisse der "ifo Bauvorausschätzung/Regionen in Westdeutschland" 1994-1997 entnehmen. Dabei beruft sich der Autor auf die gleichnamige Teilstudie des ifo Instituts, die soeben abgeschlossen und ausgeliefert wurde. Außer von den demographischen Entwicklungen und...

Bivariate SVAR models employing long-run identifying restrictions are often used to investigate the source of business cycle fluctuations. Their advantage is the simplicity in use and interpretation. However, their low dimension may also lead to a failure of the identification procedure, with...

This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the United States. The contribution is twofold. First, we provide an update of older U.S. studies and confirm the view that the extensive margin (i.e., the adjustment in the number...

This study analyzes real wage cyclicality for male full-time workers within employer-employee matches in Germany over the period 1984-2004. Five different wage measures are compared: the standard hourly wage rate; hourly wage earnings including overtime and bonus pay; the effective wage, which...