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18 Results

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  • Topics

    • Business Cycle (2)
    • Business Cycle World (2)
    • Labor Market (2)
    • Growth (1)
    • Innovation (1)
    • Monetary Policy (1)
    • Natural Resources (1)
    • USA (1)
  • Publication Type

    • Working Paper (12)
    • Journal Article (4)
    • Brief (2)
    • Policy Article (2)
  • Research

    • Forecasting and Business Cycle Analysis (9)
    • Macroeconomic Research (9)
    • Business Cycles and Growth (2)
    • Special Topics (2)
  • Experts

    • Dennis Wesselbaum (18)
    • Christian Merkl (2)
    • Janett Neugebauer (2)
    • Björn van Roye (1)
    • Steffen Ahrens (1)
  • Publication Series

    • Kiel Working Papers (11)
    • Kiel Policy Brief (2)
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  • Experts: Dennis Wesselbaum
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  1. Policy Article

    Nuclear fusion – the neglected alternative (in German)

    Kiel Policy Brief
    06/2011
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    Dennis Wesselbaum

    Kiel Policy Brief No. 30: Medium-run perspectives of a sustainable energy supply is an insufficiently discussed issue within the ongoing...

  2. Journal Article

    Staggered Wages, Sticky Prices, and Labor Market Dynamics in Matching Models

    Applied Economics Quarterly
    03/2014
    Janett Neugebauer, Dennis Wesselbaum

    This paper estimates a search and matching model using Bayesian methods. We deviate from the existing literature in two ways. First, we...

  3. Policy Article

    Evaluating the Federal Reserve's Policy

    Kiel Policy Brief
    01/2011
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    Dennis Wesselbaum

    Kiel Policy Brief No. 23: In November 2010, the Federal Reserve Bank announced to pursue another round of quantitative easing.

    ...
  4. Journal Article

    The Intensive Margin Puzzle and Labor Market Adjustment Costs

    Macroeconomic Dynamics
    04/2016
    Dennis Wesselbaum

    This paper documents a puzzling fact, namely that there is a significant negative relation between employment protection legislation and the...

  5. Working Paper

    What drives Endogenous Growth in the United States?

    Kiel Working Papers
    07/2010
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    Dennis Wesselbaum

    This paper estimates whether learning-by-doing effects or cleansing effects of recessions drive the endogenous component of productivity in...

  6. Working Paper

    The Intensive Margin Puzzle and Labor Market Adjustment Costs

    Kiel Working Papers
    05/2011
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    Dennis Wesselbaum

    This paper documents a puzzling fact, namely that there is a significant negative relation between employment protection legislation and the...

  7. Working Paper

    Staggered Wages, Sticky Prices, and Labor Market Dynamics in Matching Models

    Kiel Working Papers
    03/2010
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    Janett Neugebauer, Dennis Wesselbaum

    This paper investigates the role of staggered wages and sticky prices in explaining stylized labor market facts. We build on a partial...

  8. Working Paper

    Sector-Specific Productivity Shocks in a Matching Model

    Kiel Working Papers
    05/2010
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    Dennis Wesselbaum

    Endogenous separation matching models have the shortcoming that they are barely able to replicate the Beveridge curve (i.e. the negative...

  9. Journal Article

    Sector-specific Productivity Shocks in a Matching Model

    Economic Modelling
    11/2011
    Dennis Wesselbaum

    Endogenous separation matching models have the shortcoming that they are barely able to replicate the Beveridge curve (i.e. the negative...

  10. Working Paper

    Reciprocity and Matching Frictions

    Kiel Working Papers
    09/2010
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    Dennis Wesselbaum

    The ability of search and matching models to replicate stylized facts - such as volatilities and correlations - have been a center of...

  11. Working Paper

    Price Bargaining, the Persistence Puzzle, and Monetary Policy

    Kiel Working Papers
    06/2010
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    Dennis Wesselbaum

    In the recent New Keynesian literature a standard assumption is that the price for which an intermediate good is sold to the final good firm...

  12. Working Paper

    On the Introduction of Firing Costs

    Kiel Working Papers
    01/2009
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    Steffen Ahrens, Dennis Wesselbaum

    This paper provides a survey of the recent literature about firing costs and discusses the transmission channels of firing costs in a partial...

  13. Working Paper

    Extensive vs. Intensive Margin in Germany and the United States: Any Differences?

    Kiel Working Papers
    01/2009
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    Christian Merkl, Dennis Wesselbaum

    This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the United States. The...

  14. Journal Article

    Extensive vs. Intensive Margin in Germany and the United States: Any Differences?

    Applied Economic Letters
    01/2011
    Christian Merkl, Dennis Wesselbaum

  15. Working Paper

    Firing Costs in a Business Cycle Model with Endogenous Separations

    Kiel Working Papers
    01/2009
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    Dennis Wesselbaum

    This paper introduces productivity-dependent firing costs into an otherwise standard endogenous separations matching model. We suggest an...

  16. Working Paper

    Firing Tax vs. Severance Payment - An Unequal Comparison

    Kiel Working Papers
    01/2010
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    Dennis Wesselbaum

    This paper compares two elements of lay-o¤ costs, namely firing costs and severance pay- ments. Firing costs are a wasteful tax paid by the...

  17. Working Paper

    Capital, Endogenous Separations, and the Business Cycle

    Kiel Working Papers
    01/2009
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    Björn van Roye, Dennis Wesselbaum

    This paper implements capital in an endogenous separations New Keynesian matching model. We propose a more general approach, such that workers...

  18. Working Paper

    A Game Theoretical View on Efficiency Wage Theories

    01/2009
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    Dennis Wesselbaum

    The efficiency wage theory developed by Akerlof (1982) assumes observability of effort and the ability of firm and worker to commit on their...

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