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Short Time Compensation [STC] was a key program in Germany to fight the crisis. However, STC is quite an old tool: in … macroeconomic shock. After a brief look into the institutional and quantitative development of STC in Germany, this paper tries to … Kurzarbeit - dass diese den Strukturwandel und notwendige Marktbereinigungen in Abschwüngen verschleppe - anhand …
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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...
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wage gap in Germany. I find a positive effect of the increasing importance of services on the rising wage gap in Germany …
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The ability to adjust to structural change is vital to economic development, and entries can be active participants in this process. This paper aims to shed some light on the relation between entrepreneurship and growth by arguing that entrepreneurial activity relates to growth via reallocation...
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