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effects of the energy crisis on Germany as Europe's most important economy. Combining cost structure data, national accounts … channel of energy intensity, production decreased by about 1 percent with the onset of the war, but turnover increased … liefern erste kausale Evidenz für Effekte der Energiekrise in Deutschland als wichtigster Volkswirtschaft Europas. Durch die …
Persistent link: https://www.econbiz.de/10013333550
Persistent link: https://www.econbiz.de/10014481366
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10011416306
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10012139466
We extend the canonical model of search and matching frictions by including capital-skill complementarity in production …
Persistent link: https://www.econbiz.de/10011617479
Economic growth necessitates extensive churning and restructuring, the bulk of which is about shifts from less to more successful firms within the same industry. Labor market institutions favoring reallocation and dynamism include portability of tenure rights, fully actuarial and portable...
Persistent link: https://www.econbiz.de/10014105464
We investigate whether workers reallocate up firm productivity and wage job ladders, and the cyclicality of this process. We document that productivity is a better measure of the job ladder than the average wage, since high productivity firms relative to low poach more workers than high wage...
Persistent link: https://www.econbiz.de/10013499541
well as the underlying labour market flows, at the establishment level. The fact that minimum wages in Germany are sector … accessions and separations rise in East Germany as a result of the minimum wage introduction. The evidence on detailed worker …-to-job transitions in East Germany, which can be explained by a more compressed wage distribution making on-the-job search less …
Persistent link: https://www.econbiz.de/10009580080
Starting in January 2003, Germany implemented the first two so-called Hartz reforms, followed by the third and fourth …
Persistent link: https://www.econbiz.de/10012778974
We use linked longitudinal data on employers and employees to estimate how the 2003-2005 Hartz reforms affected the wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage effects into components attributable to selection on...
Persistent link: https://www.econbiz.de/10012228177