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first clarify the logic of applying cointegration methods to the RERI and propose an alternative way of testing the …
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impact of the relationship between the extensiveness of the low-pay sector and structural unemployment. Data from Germany …
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Germany using an unprecedentedly comprehensive fiscal dataset for the time period from 1950 to 2011 for West German Laender …-run relation between expenditures and revenues in a cointegration analysis within each Land. The results provide evidence against …
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(the DM). We use monthly data from 1975:01 to 2007:12. Applying a novel time-varying coefficient estimation approach, we …
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The view that high unemployment in West Germany and other European countries is caused by a path dependence effect - or … is argued that in a cointegration framework it is reasonable to define hysteresis as the absence of weak exogeneity of … the explanatory variables. Building on a cointeg ration model of the employment rate in West Germany, I find only weak …
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