* 42 Results

This study on productivity trends in Germany covers a broad discussion of measurement problems (both conceptually and empirically), an comprehensive comparison of productivity patterns between different countries (on the aggregate level as well as on...

KBW 2: After the reunification, in Germany economic growth was weak from a historical as well as international perspective. In particular, the years between 19

Kiel Policy Brief No. 57: In the aftermath of the financial crisis of 2007–2008 policymakers became concerned about a slowdown of potential growth. In his Kiel Policy Brief Mewael F. Tesfaselassie discusses monetary policy response to potential...

We investigate the export-enhancing effect of foreign workers at the firm level. We first develop a theoretical framework of heterogeneous firms, assuming that foreign workers allow for productivity gains and convey valuable information on foreign...

This paper provides new insights into the relationship between exchange rates and productivity developments for European Economies. We focus on the question whether productivity changes have a long-run impact on real effective exchange rates for a...

This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are...

This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are...

This paper introduces collective bargaining at the firm and at the sector level into the heterogeneous firm model of Melitz and Ottaviano (Melitz, M. J., Ottaviano, G. I. P., 2008. Market size, trade, and productivity. Review of Economic Studies...

The effects of unions on productivity and firm performance have been the topic of extensive research. Existing studies have, however, primarily focused on firm-level bargaining and on markets that are characterised by a small and fixed number of...

This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor...