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other European countries, and that the long-run elasticiy of wages to unemploument is close to the 'empirical law of …
Persistent link: https://www.econbiz.de/10011544699
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seems warranted. With specific regard to Germany, it is not clear how long the Shadow of Death is and which influence can be … plants in terms of employment change and to this use a comprehensive data set that covers the whole of Germany and contains …
Persistent link: https://www.econbiz.de/10011486743
such an effect also exists in Germany, a country in which universities are top-performing in some but not all fields, and …
Persistent link: https://www.econbiz.de/10012431518
I investigate the impact of parental unemployment on children's educational attainment and long-run labor market outcomes in Austria. I find that parental unemployment shortly before an important educational decision by parents for their children lowers a child's probability of holding a...
Persistent link: https://www.econbiz.de/10012421929
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analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest … raises growth of technology, labor productivity and real wages. I show, however, that a slowdown in productivity and … stagnation of real wages can in this setting constitute two sides of the same coin as a result of the shift in employment: In the …
Persistent link: https://www.econbiz.de/10012307862
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We propose a simple modification of the time series filter by Hamilton (2018b) that yields reliable and economically meaningful real-time output gap estimates. The original filter relies on 8-quarter ahead forecasts errors of an autoregression. While this approach yields a cyclical component of...
Persistent link: https://www.econbiz.de/10012268018