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  1. Non-linear models of employment adjustment
    Autor*in: Smolny, Werner
    Erschienen: 1993

    The paper deals with causes and consequences of constraints on the adjustment of employment. First, a model of a delayed adjustment of employment and capital is worked out. This model is augmented with linear constraints on the adjustment speed of... mehr

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 420 (8)
    Fernleihe:
    keine Fernleihe

     

    The paper deals with causes and consequences of constraints on the adjustment of employment. First, a model of a delayed adjustment of employment and capital is worked out. This model is augmented with linear constraints on the adjustment speed of labour supply and demand. The aggregate model is estimated for the Federal Republic of Germany. The results confirm the importance of adjustment barriers for the employment situation in the FRG. especially for the persistence of unemployment in the second half of the eighties. Final estimates of a non-linear error correction model give a hint on non-linearities of observed employment adjustments.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/92418
    RVK Klassifikation: QV 200
    Schlagworte: Arbeitsmarkttheorie; Rationierung; Arbeitslosigkeit; Theorie; Deutschland
    Umfang: 23 S., graph. Darst., 30 cm
    Bemerkung(en):

    Literaturverz. S. 21 - 23
  2. The impact of German unification on West Germany's goods and labor market
    a macroeconometric disequilibrium model in action
    Autor*in: Franz, Wolfgang; Heidbrink, Gustav W.; Smolny, Werner
    Erschienen: 1993

    This paper constitutes an interim report on the development of a macroeconometric disequilibrium model. Despite several caveats the model as it stands can be used already for two purposes. First, it is possible to investigate the models forecasting... mehr

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 420 (7)
    Fernleihe:
    keine Fernleihe

     

    This paper constitutes an interim report on the development of a macroeconometric disequilibrium model. Despite several caveats the model as it stands can be used already for two purposes. First, it is possible to investigate the models forecasting abilities. While the estimation period of the model ends in 1989, the forecast is made for the time period 1990 to 1993: This time period includes two events which form a real challenge to every macroeconometric model, namely German unification and the most severe recession afterwards. Secondly, the model is used to quantify selected impacts of unification on some macroeconomic variables with an exclusive emphasis on the goods and labor market. By and large, the results are in line with intuition. West Germany benefitted from unification by experiencing higher output and employment and so did major trade partners.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/92456
    Schlagworte: Makroökonometrie; Wirtschaftswachstum; Arbeitsmarkt; Nationale Einheit; Deutschland
    Umfang: 34 S., graph. Darst., 30 cm
  3. The measurement and interpretation of vacancy data and the dynamics of the Beveridge-curve
    the German case
    Autor*in: Franz, Wolfgang; Smolny, Werner
    Erschienen: 1993

    This paper is devoted t.o an interpretation of both vacancy data and the Beveridgecurve. Officially reported vacancy data are critically reviewed. The theoretical foundation and empirical application of the Beveridge-curve is examined. We find that... mehr

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 420 (4)
    Fernleihe:
    keine Fernleihe

     

    This paper is devoted t.o an interpretation of both vacancy data and the Beveridgecurve. Officially reported vacancy data are critically reviewed. The theoretical foundation and empirical application of the Beveridge-curve is examined. We find that the Beveridge-curve is everything but a straightforward tool to analyze structural unemployment. More insights especially in the dynamics of the Beveridge-curve are obtained by integrating this relationship into a macroeconomic disequilibrium framework.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/92441
    Schlagworte: Arbeitsmarkt; Arbeitslosigkeit; Arbeitsmarktstatistik; Beveridge-Kurve; Deutschland
    Umfang: 26 S., graph. Darst.
  4. Sectoral wage and price formation and working time in Germany
    an econometric analysis
    Autor*in: Franz, Wolfgang; Smolny, Werner
    Erschienen: 1993

    In this paper a variety of theories concerning the wage and price formation in Germany are tested. More specifically, wage and price equations are specified in a fairly general manner which nests several theoretical arguments (such as the target real... mehr

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 420 (5)
    Fernleihe:
    keine Fernleihe

     

    In this paper a variety of theories concerning the wage and price formation in Germany are tested. More specifically, wage and price equations are specified in a fairly general manner which nests several theoretical arguments (such as the target real wage bargaining model, hysteresis effects, outsider ineffectiveness, interindustry wage competition) and a perceived tradeoff between reductions in working time and wage increases. Related arguments hold for the price setting process. Recently developed econometric techniques such as error correction models are applied.

     
    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/92443
    Umfang: 22 S., 30 cm
    Bemerkung(en):

    Literaturverz. S. 19 - 21