The prominence of part-time employment has dramatically increased both in Germany and across Europe. Germany has experienced above- average growth and currently the prevalence of part-time employment there also exceeds the EU average. Evidently, this involves fundamental structural change as part-time employment has increased regardless of economic trends. Although part-time positions often still entail ...
Die Bedeutung der Teilzeitbeschäftigung ist stark gewachsen - in Deutschland wie generell in Europa. In Deutschland hat sie in überdurchschnittlichem Maße zugelegt und ist derzeit stärker verbreitet als im EU-Durchschnitt. Offenbar handelt es sich um einen grundlegenden Strukturwandel, denn die Teilzeitarbeit hat unbeeinflusst von konjunkturellen Entwicklungen zugenommen. Wenngleich nach wie vor insbesondere ...
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in Phillips' tradition. For this purpose we apply FMOLS, DOLS, PMGE, MGE, DFE, and VECM methods to a nonstationary heterogeneous dynamic panel including annual data for 119 countries over the period 1970-2010, and also carry out multivariate Granger causality tests. The empirical results ...
We use a neoclassical production function to analyze the effects of knowledge spillovers via entrepreneurship on economic performance of 337 German districts. To take the spatial dependence structure of the data into account, we estimate a spatial Durbin model. We highlight the importance of the choice of the appropriate weight matrix. We find positive knowledge spillover effects via entrepreneurship ...
Households can rely on private savings or on public unemployment insurance to hedge against the risk of becoming unemployed. These hedging mechanisms are used differently across countries. In this paper, we use a life cycle model to study the effects of unemployment on the portfolio choice of households in the US and in Germany. We distinguish short- and long-term unemployment and find that, in case ...