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Increased price markup from union coordination: OECD panel evidence
Bjørnstad, Roger; Kalstad, Kjartan Øren - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-30, pp. 1-37
on price determination has typically not considered such factors. We argue that the price markup depends on wage setting … due to the effect of coordination on the markup. Since other studies find that coordination has a dampening effect on …
Persistent link: https://www.econbiz.de/10010302707
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Do News Shocks Drive Business Cycles? Evidence from German Data
Lucke, Bernd; Haertel, Thomas - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-10, pp. 1-21
We study the Beaudry and Portier (2006)-hypothesis of delayed-technology diffusion and news-driven business cycles. For German data on TFP and stock prices we find qualitatively similar empirical evidence. Quantitatively, however, an impulse response analysis suggests that a substantial part of...
Persistent link: https://www.econbiz.de/10010295308
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Markov-Switching Procedures for Dating the Euro-Zone Business Cycle
Krolzig, Hans-Martin - In: Vierteljahrshefte zur Wirtschaftsforschung 70 (2001) 3, pp. 339-351
This paper addresses the issues of identification and dating of the Euro-zone business cycle by using the Markov-switching approach innovated by Hamilton in his analysis of the US business cycle. Regime shifts in the stochastic process of economic growth in the Euro-zone are identified by...
Persistent link: https://www.econbiz.de/10010377542
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Superstatistics of Labour Productivity in Manufacturing and Nonmanufacturing Sectors
Ikeda, Yuichi; Fujiwara, Yoshi; Aoyama, Hideaki; … - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-22, pp. 1-17
Labour productivity distribution (dispersion) is studied within the framework of statistical physics and the result is compared with the outcome of the empirical analysis. Superstatistics is presented as a natural theoretical framework for the productivity distribution. The demand index ê is...
Persistent link: https://www.econbiz.de/10010298640
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Distribution of Labour Productivity in Japan over the Period 1996-2006
Fujiwara, Yoshi; Iyetomi, Hiroshi; Ikeda, Yuichi; … - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-14, pp. 1-14
The distribution of labour productivity is investigated by analyzing the longitudinal micro-level data set which contains the detailed financial conditions of large numbers of Japanese companies over the period 1996-2006. The authors show that the distribution of labour productivity in both the...
Persistent link: https://www.econbiz.de/10010298633
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Outsourcing, Offshoring - Adjustment of Europe’s Industries in a Competitive World
Liikanen, Erkki - In: CESifo Forum 05 (2004) 2, pp. 8-16
Persistent link: https://www.econbiz.de/10011695752
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Multifaktorproduktivität in den Volkswirtschaftlichen Gesamtrechnungen
Kuntze, Peter; Kuckelkorn, Benedikt - In: WISTA – Wirtschaft und Statistik 73 (2021) 4, pp. 64-75
Die Produktivität einer Volkswirtschaft ist ein Kennzeichen ihrer Wettbewerbsfähigkeit und zugleich ein entscheidender Faktor für den künftigen materiellen Wohlstand. Dabei steht meist die Arbeitsproduktivität im Fokus. Dieser Artikel beleuchtet ein alternatives Produktivitätsmaß, die...
Persistent link: https://www.econbiz.de/10012604547
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Immaterielles Kapital und Produktivität im Verarbeitenden Gewerbe: Ergebnisse auf Basis verknüpfter Einzeldaten (Micro Data Linking)
Zimmermann, Markus - In: WISTA - Wirtschaft und Statistik 72 (2020) 3, pp. 61-75
Der Aufsatz untersucht den Einfluss von immateriellem Kapital (Forschung und Entwicklung, Software, Patente) auf die Produktivität am Beispiel des Verarbeitenden Gewerbes in Deutschland. Hierzu werden Einzeldaten der Unternehmensstrukturstatistik verknüpft. Im ersten Schritt wird die...
Persistent link: https://www.econbiz.de/10012234268
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Wage-productivity gap in OECD economies
Elgin, Ceyhun; Kuzubas, Tolga Umut - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-21, pp. 1-21
The Walrasian theory of labor market equilibrium predicts that in the absence of any market frictions, workers earn a …
Persistent link: https://www.econbiz.de/10010312891
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Stationarity of spot freight rates considering supply/demand effect
Hayashi, Koichiro - In: Journal of Shipping and Trade (JST) 5 (2020) 24, pp. 1-9
The mean-reverting nature of freight rates is one of the important subjects in maritime economics. The classic understanding of maritime economics (and that of the shipping industry) suggests that freight rate processes are mean-reverting and approach the level decided by the demand/supply...
Persistent link: https://www.econbiz.de/10014557484