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The Long Persistence of Regional Entrepreneurship Culture: Germany 1925-2007

Fritsch, Michael; Wyrwich, Michael - 2012

Koster, 2011) have shown that regional start-up rates tend to show a relatively high level of persistence and path dependency … over periods of 10-15 years. One main reason for this high level of persistence observed could be that the region … conditions of the economic environment such as wars and drastic changes of the political regime. We analyze the persistence of …

Persistent link: https://www.econbiz.de/10011340654

The persistence of regional entrepreneurship: Are all types of self-employment equally important?

Fritsch, Michael; Wyrwich, Michael - 2015

We explore the role of different types of self-employment for a persistence of the regional level of entrepreneurship …

Persistent link: https://www.econbiz.de/10011348204

Dynamics of real per capita GDP

Neuhoff, Daniel - 2015

estimated impulse response functions are different in shape. The persistence estimates for the US, France, Canada and Italy are … persistence estimates and the appropriate ARMA models. The results for the UK is sensitive to the time period. An analysis of the …

Persistent link: https://www.econbiz.de/10011380697

The persistent effects of placed-based policy - Evidence from the West-German Zonenrandgebiet

Seidel, Tobias; von Ehrlich, Maximilian - 2015

Using a natural experiment from Germany, we show that temporary place-based subsidies generate persistent effects on economic density. We identify employment and capital formation as main channels for higher income per square kilometer. As the spatial regression discontinuity design allows us to...

Persistent link: https://www.econbiz.de/10011400600

Modelling economic hysteresis losses caused by sunk adjustment costs

Göcke, Matthias; Matulaityte, Jolita - 2015

Transition from one economic equilibrium to another as a consequence of shocks is often associated with sunk adjustment costs. Firm specific sunk market entry investments (or sunk market exit costs) in case of a reaction to price shocks are an example. These adjustment costs lead to a dynamic...

Persistent link: https://www.econbiz.de/10011406146

The persistent effects of place-based policy: Evidence from the West-German Zonenrandgebiet

von Ehrlich, Maximilian; Seidel, Tobias - 2015

Using a natural experiment from Germany, we show that temporary placebased subsidies generate persistent effects on economic density. We identify employment and capital formation as main channels for higher income per square kilometer. As the spatial regression discontinuity design allows us to...

Persistent link: https://www.econbiz.de/10011420633

On the foundation of a general theory of stocks

Faber, Malte; Frank, Karin; Klauer, Bernd; Manstetten, … - 2003

This essay develops the "concept of stocks" – a conceptual notion designed to enable a clearer understanding of the interaction between the dynamics of ecosystems and the economy. The notion of stocks is formulated in a general manner based on set theory. The central attribute of a stock is...

Persistent link: https://www.econbiz.de/10011422104

Does Unemployment Hysteresis Equal Employment Hysteresis?

Gustavsson, Magnus; Österholm, Pär - 2006

This paper investigates if conclusions regarding labour market hysteresis differ depending on whether employment or unemployment rates are studied. Applying a range of unit-root tests to monthly data from Australia, Austria, Canada, Finland, Sweden, the U.K. and the U.S., we find results for...

Persistent link: https://www.econbiz.de/10010321556

Ranking of Job Applicants, On-the-job Search, and Persistent Unemployment

Eriksson, Stefan; Gottfries, Nils - 2003

employment status affects both the level and the persistence of unemployment and numerically that these effects are substantial …

Persistent link: https://www.econbiz.de/10010321725

Persistence and nominal inertia in a generalized Taylor economy: How longer contracts dominate shorter contracts

Dixon, Huw; Kara, Engin - 2007

We develop the Generalized Taylor Economy (GTE) in which there are many sectors with overlapping contracts of di§erent lengths. In economies with the same average contract length, monetary shocks will be more persistent when longer contracts are present. Using the Bils-Klenow distribution of...

Persistent link: https://www.econbiz.de/10010322772