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In the paper we simulate a revenue-neutral cut in the social security contribution rate using five different types of macro- / microeconomic models, namely two models based on time-series data where the labour market is modelled basically demand oriented, two models of the class of computable...
Persistent link: https://www.econbiz.de/10010297599
The macroeconomic development in West Germany in the aftermath of unification was characterized by a boom period in 1990/1991, a deep recession in 1992/1993 and a slow recovery since then. In East Germany, in contrast, unification induced a breakdown of production and employment followed by a...
Persistent link: https://www.econbiz.de/10010297654
Unification fundamentally changed the terms of quantitative macroeconomic analysis for Germany. Two main areas concerned are data availability for the eastern part of Germany and structural changes within the behavioural equations after unification. Our paper presents results from the estimation...
Persistent link: https://www.econbiz.de/10010297659
German unifikation hit the West German economy in a prosperous and appeared as a huge demand shock at least for the first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany, which may have helped to cushion recessionary trends...
Persistent link: https://www.econbiz.de/10010297698
Survey data are potentially affected by cheating interviewers. Even a small number of fabricated interviews might seriously impair the results of further empirical analysis. Besides reinterviews some statistical approaches have been proposed for identifying fabrication of interviews. As a novel...
Persistent link: https://www.econbiz.de/10010301369
In impulse response analysis estimation uncertainty is typically displayed by constructing bands around estimated impulse response functions. These bands may be based on frequentist or Bayesian methods. If they are based on the joint distribution in the Bayesian framework or the joint asymptotic...
Persistent link: https://www.econbiz.de/10010330387
In impulse response analysis estimation uncertainty is typically displayed by constructing bands around estimated impulse response functions. These bands may be based on frequentist or Bayesian methods. If they are based on the joint distribution in the Bayesian framework or the joint asymptotic...
Persistent link: https://www.econbiz.de/10010331128
In der aktuellen Auseinandersetzung um ein Bündnis für Arbeit, die aus dem vielbeachteten Vorschlag des Vorsitzenden der Gewerkschaft IG-Metall Zwickel resultierte, werden eine Reihe von Modellen diskutiert, die letztlich zu mehr Beschäftigung führen sollen. Einem Aspekt der Diskussion soll...
Persistent link: https://www.econbiz.de/10010332069
This paper attempts to evaluate the impact of current and future immigration flows on major macroeconomic variables of the West German economy. The analysis is based on a macroeconometric disequilibrium model for the West German economy. This model is extended until 1995 and used for several...
Persistent link: https://www.econbiz.de/10010332089
The rising trends both in drug addiction and crime rates are of major public concern in Germany. Surprisingly, the economic theory of crime seems to ignore the drugs-crime nexus, whereas the criminological literature considers illicit drug use a main reason of criminal activities. This paper...
Persistent link: https://www.econbiz.de/10010333022