Similar Search Results

Rising wage inequality, the decline of collective bargaining, and the gender wage gap

Antonczyk, Dirk; Fitzenberger, Bernd; Sommerfeld, Katrin - 2010

the gender wage gap in West Germany between 2001 and 2006. Based on detailed linked employer-employee data, we show that … for male (female) employees. Despite these changes, the gender wage gap remains almost constant, with some small gains for … contribute to an increase in the gender wage gap. Personal characteristics tend to reduce wage inequality for both, males and …

Persistent link: https://www.econbiz.de/10010300007

Polarization and rising wage inequality: comparing the U.S. and Germany

Antonczyk, Dirk; DeLeire, Thomas; Fitzenberger, Bernd - 2010

This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz (1995) to separate age, time, and cohort effects. Between 1979 and 2004, wage inequality increased strongly in both the U.S. and Germany but there were various country specific...

Persistent link: https://www.econbiz.de/10010300009

Inflation, price dispersion and market integration through the lens of a monetary search model

Becker, Sascha; Nautz, Dieter - 2010

Recent monetary search models emphasize that the real effects of inflation via its impact on price dispersion depend on the level of search costs and, thus, on the level of market integration. For less integrated markets, the inflation-price dispersion nexus is predicted to be asymmetrically...

Persistent link: https://www.econbiz.de/10010300016

Cointegration in the foreign exchange market and market efficiency since the introduction of the Euro: Evidence based on bivariate cointegration analyses

Kühl, Michael - 2007

The aim of this paper is to investigate the market efficiency on the foreign exchange market since the introduction of the Euro by applying the cointegration analysis to exchange rates. The introduction of the Euro has changed the structure of the global foreign exchange market to the extent...

Persistent link: https://www.econbiz.de/10010300150

Declining export prices due to increased competition from NIC: Evidence from Germany and the CEEC

Gundel, Sebastian - 2007

In this paper the export demand and supply of German manufacturing industry is estimated for the period 1993:1 through 2005:4. The Johansen (1991, 1994) procedure is applied to estimate the long-run relationship in a VECM. Special attention is pointed on the development of the German export...

Persistent link: https://www.econbiz.de/10010300151

Der Betafaktor im CAPM als variierender Regressionskoeffizient

Becker, Steffen - 2008

Der Betafaktor oder -koeffizient wird in Regressionsmodellen der statistisch-ökonometrischen Theorie üblicherweise als konstant und zeitunabhängig angenommen. Bei Anwendungen ist diese Stabilität häufig jedoch nicht gegeben. Das vorliegende Arbeitspapier stellt am Beispiel des Capital Asset...

Persistent link: https://www.econbiz.de/10010300207

Price-concentration analysis in merger cases with differentiated products

Beckert, Walter; Mazzarotto, Nicola - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-16, pp. 1-23

This paper considers the empirical assessment of the relationship between prices and number of firms in local markets in geographic or, more generally, characteristic space and its use as evidence in merger cases. It outlines a structural, semi-nonparametric econometric model of competition in...

Persistent link: https://www.econbiz.de/10010300294

Empirical simultaneous confidence regions for path-forecasts

Jordà, Òscar; Knüppel, Malte; Marcellino, Massimiliano - 2010

-parametric estimation is impractical given commonly available predictive sample sizes. Instead, this paper derives the approximate …

Persistent link: https://www.econbiz.de/10010300297

Heterogeneity in money holdings across euro area countries: The role of housing

Setzer, Ralph; van den Noord, Paul; Wolff, Guntram B. - 2010

In this paper we examine why monetary aggregates of euro area Member States have developed differently since the inception of the euro. We derive a money demand equation that incorporates housing wealth and collateral as well as substitution effects on real money holdings. Empirically, we show...

Persistent link: https://www.econbiz.de/10010300298

Loan supply in Germany during the financial crisis

Busch, Ulrike; Scharnagl, Michael; Scheithauer, Jan - 2010

Distinguishing pure supply effects from other determinants of price and quantity in the market for loans is a notoriously difficult problem. Using German data, we employ Bayesian vector autoregressive models with sign restrictions on the impulse response functions in order to enquire the role of...

Persistent link: https://www.econbiz.de/10010300299