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Autor:
Wellschmied, Felix, Yurdagul, Emircan
Publikováno v:
In Review of Economic Dynamics January 2021 39:79-99
Autor:
Bachmann, Rüdiger, Bayer, Christian, Merkl, Christian, Seth, Stefan, Stüber, Heiko, Wellschmied, Felix
Publikováno v:
In Journal of Monetary Economics January 2021 117:781-797
Autor:
Sanchez, Manuel, Wellschmied, Felix
Publikováno v:
In Review of Economic Dynamics July 2020 37:103-126
This paper studies short-time work arrangements (ERTEs) when aggregate risk is partially sector-specific. In Spain, the Great Recession and the pandemic recession (aka the Great Contagion) can both be understood as being driven partially by large sec
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::7b1f0b8c05382ec19ae2b89d8e2fde16
https://hdl.handle.net/10419/272722
https://hdl.handle.net/10419/272722
Autor:
Tjaden, Volker, Wellschmied, Felix
Publikováno v:
American Economic Journal: Macroeconomics, 2014 Jan 01. 6(1), 134-161.
Externí odkaz:
https://www.jstor.org/stable/43189573
Autor:
Wellschmied, Felix1,2 (AUTHOR) fwellsch@eco.uc3m.es
Publikováno v:
Quantitative Economics. Jan2021, Vol. 12 Issue 1, p217-249. 33p.
When employers face a trade-off between growing large and paying low wages—that is, when they have monopsony power—some productive employers will decide to acquire fewer customers, forgo sales, and remain small. These decisions have adverse conse
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::b15d24c13bdcd2b073d044fb3f363ca0
https://hdl.handle.net/10419/263681
https://hdl.handle.net/10419/263681
Wir dokumentieren, basierend auf administrativen Daten, dass in ostdeutschen Betrieben - im Vergleich zu westdeutschen - die Löhne mit der Größe der Betriebe stärker steigen, dass ostdeutsche Betriebe weniger in Marketing investieren, kleiner ble
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::ed7490bb4ea6dc20d558e4e3be909f68
https://hdl.handle.net/10419/272193
https://hdl.handle.net/10419/272193
This paper documents that a steeper size-wage relationship, reflecting monopsony power, leads to aggregate productivity losses. We use this insight to understand the persistent labor productivity differences between West and East Germany. We employ h
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c7151437e78b138214a3a6961e31e997