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Anhaltend hohe Arbeitslosenzahlen in Deutschland werden immer wieder auch auf eine zu rigide Entgeltstruktur zurückgeführt. Diese Inflexibilität habe ihre Ursache in einem (zu) stark regulierten Arbeitsmarkt. Das deutsche Arbeitsrecht lasse Flexibilisierungen im Entgeltbereich nicht (oder...
Persistent link: https://www.econbiz.de/10010300916
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Against the backdrop of continuing adjustment in EU labour markets in response to the Great Recession and the sovereign debt crisis, the European System of Central Banks (ESCB) conducted the third wave of the Wage Dynamics Network (WDN) survey in 2014-15 as a follow-up to the two previous WDN...
Persistent link: https://www.econbiz.de/10011804695
Aging populations have led many European countries to make an effort to increase the effective retirement age and keep workers longer in the labor force. An increase in the retirement age does not necessarily lead to a rise in the employment rate of older workers, as many could remain...
Persistent link: https://www.econbiz.de/10012237656
In this paper we analyze features of the recent business cycle with a New Keynesian small open economy DSGE model with labour market frictions and wage rigidity. The model complements the existing analytical tools of the Bank of Finland by enabling detailed analysis of labour markets in a DSGE...
Persistent link: https://www.econbiz.de/10014283977
This paper introduces innovative, newly developed forward-looking indicators of negotiated wage growth in the euro area using data on collective bargaining agreements from seven countries: Germany, France, Italy, Spain, the Netherlands, Austria and Greece. The paper demonstrates how...
Persistent link: https://www.econbiz.de/10014476412
In den vergangenen Jahren haben sich Exchange Traded Funds (ETFs) weltweit zu einem beliebten Anlageinstrument auf dem Kapitalmarkt entwickelt.1 Das weltweit in ETFs gebundene Vermögen betrug Ende des Jahres 2016 ca. 3.150,0 Milliarden US-Dollar und verteilte sich auf ca. 4.200 Fonds. In Europa...
Persistent link: https://www.econbiz.de/10012819796
notes on Endogenous Growth Models
Persistent link: https://www.econbiz.de/10011595339
"Bewerten heißt Vergleichen" - so beschrieb Alfred Moxter im Jahr 1983 die Unternehmensbewertung in seinem Buch 'Grundsätze ordnungsgemäßer Unternehmensbewertung'. Werden Unternehmenswerte im Rahmen des Ertragswertverfahrens oder des Discounted-Cash-Flow-Verfahrens berechnet, so werden...
Persistent link: https://www.econbiz.de/10010312945
industry level the impact of energy prices on green innovation activities. Our econometric models show that energy prices and … green innovation activities are positively related and that energy prices have a significantly positive impact on the ratio … lag between energy prices and innovation activities. Robustness tests confirm the main results. …
Persistent link: https://www.econbiz.de/10011386846