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We test Krugman’s (1991) notion of risk sharing in pooled labor markets as one of the micro-foundations of agglomeration economies, i.e. we examine whether firms share risks from idiosyncratic and sector specific shocks through labor pooling. Estimating wage functions we find that job turnover...
Persistent link: https://www.econbiz.de/10009373719
the data. Our study covers the whole of Germany as well as East andWest Germany separately. We exploit district-level data … ; Germany …
Persistent link: https://www.econbiz.de/10009511323
interpret the estimation results for start-ups in knowledge intensive sectors in a reliable way. The remaining firms serve as a …
Persistent link: https://www.econbiz.de/10011442644
process. Our main finding is that city growth in western Germany did not follow a random walk, while city growth in eastern … Germany did follow a random walk. Different post-war economic systems are most likely responsible for this outcome. …
Persistent link: https://www.econbiz.de/10011514015
process. Our main finding is that city growth in western Germany did not follow a random walk, while in eastern Germany it did …
Persistent link: https://www.econbiz.de/10013320182
We analyze the optimal regional pattern of public employment in an information-constrained second-best redistribution policy showing that regionally differentiated public employment can serve as an expenditure side tagging device, bypassing or relaxing the equity-efficiency trade-off. The...
Persistent link: https://www.econbiz.de/10013107718
This paper studies the wasteful effect of bureaucracy on the economy by addressing the link between opportunistic behavior of government bureaucrats and the public sector wage bill. In particular, public officials are modeled as individuals competing for a larger share of those public funds. A...
Persistent link: https://www.econbiz.de/10011537491
We investigate the wage assimilation of East Germans who migrated to West Germany after reunification (1990-1999). We … to West Germany who arrived at the same time. The analysis uses administrative as well as survey data. The results … suggest that East Germans faced significant initial earnings disadvantages in West Germany, even conditional on age and …
Persistent link: https://www.econbiz.de/10014582283
We investigate the wage assimilation of East Germans who migrated to West Germany after reunification (1990-1999). We … to West Germany who arrived at the same time. The analysis uses administrative as well as survey data. The results … suggest that East Germans faced significant initial earnings disadvantages in West Germany, even conditional on age and …
Persistent link: https://www.econbiz.de/10014632347
This paper examines data on trade flows between West German Bundeslander (federal states) and East Germany to explore … find a home bias of about factor 2.2; West German shipments to East Germany are about 120% larger than deliveries to an …
Persistent link: https://www.econbiz.de/10014103229