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Unions, wage setting and monetary policy uncertainty
Grüner, Hans Peter; Hayo, Bernd; Hefeker, Carsten - 2005
Recent theoretical research has studied extensively the link between wage setting and monetary policymaking in unionized economies. This paper addresses the question of the role of monetary uncertainty from both an empirical and theoretical point of view. Our analysis is based on a simple model...
Persistent link: https://www.econbiz.de/10011604536
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Predicting recession probabilities with financial variables over multiple horizons
Fornari, Fabio; Lemke, Wolfgang - 2010
We forecast recession probabilities for the United States, Germany and Japan. The predictions are based on the widely … reached for the United States, the ProbVAR forecasts are slightly worse for Germany, but considerably inferior for Japan. …
Persistent link: https://www.econbiz.de/10011605301
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Finance and the chemical industry
Da Rin, Marco - 1997
of the nineteenth century in four major countries: Britain, Germany, Japan, and the United States. The chemical industry …
Persistent link: https://www.econbiz.de/10011608335
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How Do the Elderly in Taiwan Fare Cross-Nationally? Evidence from the Luxembourg Income Study (LIS) Project
Smeeding, Timothy Michael; Saunders, Peter - 1998
-being of the aged in Taiwan and eight other countries - the United States, Japan, Australia, Poland, Finland, Germany, Hungary …
Persistent link: https://www.econbiz.de/10011652909
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Structures and Trends in German Banking
Koetter, Michael; Nestmann, Thorsten; Stolz, Stéphanie; … - 2004
In this paper, we investigate the claim that German banks are special compared to banks in other industrialised economies. We show that banks are of particular importance to the German economy?as financial intermediary, as lender to the corporate sector, and as part of the corporate governance...
Persistent link: https://www.econbiz.de/10010260503
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Complementarities in Corporate Governance: Ownership Concentration, Capital Structure, Monitoring and Pecuniary Incentives
Heinrich, Ralph P. - 2000
The paper shows that, as owners accumulate larger stakes and hence become less risk-tolerant, their incentives to monitor management are attenuated because monitoring shifts some of the firm's risk from management to owners. This counterbalances the positive effect which more concentrated...
Persistent link: https://www.econbiz.de/10010260562
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Noise Traders? Trigger Rates, FX Options, and Smiles
Pierdzioch, Christian - 2000
A contingent claims valuation model which allows to highlight the implications of program trading in spot markets for the pricing of European-style foreign currency options and for the volatility strike structure implicit in these contracts is devoloped. The curvature of the volatility strike...
Persistent link: https://www.econbiz.de/10010260624
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Indikatoren für die konjunkturellen Wirkungen der Geldpolitik: Evidenz aus sechs großen Industrieländern
Döpke, Jörg; Gern, Klaus-Jürgen - 1993
Persistent link: https://www.econbiz.de/10010265298
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Globalization of the automobile industry: traditional locations under pressure?
Spatz, Julius; Nunnenkamp, Peter - 2002
, Japan and the United States engaged in outsourcing of relatively labor intensive segments of the value chain, especially on … differed considerably between Germany, Japan and the United States. Economic restructuring was least pronounced in the US …
Persistent link: https://www.econbiz.de/10010265517
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Comparing public attitudes towards providing for the livelihood of the elderly in two aging societies: Germany and Japan
Hayo, Bernd; Ono, Hiroyuki - 2007
Germany and Japan. Applying an ordered logit model to individual data from representative public opinion surveys, it is … inclination towards a government-based pension system in the case of Japan but positively in Germany. Other significant influences … are the pensioner status of the respondents in Japan and their political position in the case of German data. …
Persistent link: https://www.econbiz.de/10010265720