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Output and Employment Fluctuations

  • Book
  • © 1994

Overview

Editors:
  1. Klaus F. Zimmermann

    1. SELAPO, Universität München, München, Germany
      CEPR, London, UK

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Part of the book series: Studies in Empirical Economics (STUDEMP)

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Table of contents (15 chapters)

  1. Front Matter

    Pages I-VI
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  2. Prefaratory Note

    1. Prefatory Note

      • Klaus F. Zimmermann
      Pages 1-1

  3. Output and Employment Fluctuations

    1. Output and Employment Fluctuations

      • Klaus F. Zimmermann
      Pages 3-5

  4. Labour Demand and Supply

    1. Front Matter

      Pages 7-7
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    2. Demand Uncertainty and Labour Input in a Bivariate ARCH-M Model

      • Gebhard Flaig
      Pages 9-22

    3. Income, Uncertainty and the Probability of Self-Employment

      • Friedhelm Pfeiffer, Winfried Pohlmeier
      Pages 23-39

    4. The Demographics of Labour Turnover: A Comparison of Ordinal Probit and Censored Count Data Models

      • Lucie Merkle, Klaus F. Zimmermann
      Pages 41-64

  5. Productivity Slowdown and Innovative Activity

    1. Front Matter

      Pages 65-65
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    2. The “Public Capital Hypothesis”: The Case of Germany

      • Klaus Conrad, Helmut Seitz
      Pages 67-85

    3. Semi-Nonparametric Estimation of Binary Choice Models Using Panel Data: An Application to the Innovative Activity of German Firms

      • François Laisney, Michael Lechner, Winfried Pohlmeier
      Pages 87-101

  7. Time Series Analysis of Output and Employment

    1. Front Matter

      Pages 177-177
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    2. Persistence and Seasonality in Output and Employment of the Federal Republic of Germany

      • Jürgen Wolters
      Pages 179-197

    3. Illusive Persistence in German Unemployment

      • Rolf Tschernig, Klaus F. Zimmermann
      Pages 199-211

    4. On the Long-run Relationship Between Money, Output and Interest Rates: A Cointegration Analysis for West Germany

      • Werner Gaab, Olaf Liedtke
      Pages 213-229

    5. Modelling Cyclical Asymmetry in a Production Series Using Threshold Autoregressive Models

      • Horst Kräger
      Pages 231-244

    6. Summary of Articles

      • Horst Kräger
      Pages 245-249
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Keywords

About this book

This book consists of four parts: I. Labour demand and supply, II. Productivity slowdown and innovative activity, III. Disequilibrium and business cycle analysis, and IV. Time series analysis of output and employment. It presents a fine selection of articles in the growing field ofthe empirical analysis of output and employment fluctuations with applications in a micro-econometric or a time-series framework. The time-series literature recently has emphasized the careful testing for stationarity and nonlinearity in the data, and the importance of cointegration theory. An essential part of the papers make use of parametric and non-parametric methods developed in this literature and mostly connect their results to the hysteresis discussion about the existence of fragile equilibria. A second set of macro approaches use the disequilibrium framework that has found so much interest in Europe in recent years. The other papers use newly developed methods for microdata,especially qualitative data or limited dependent variables to study microeconomic models of behaviour that explain labour market and output decisions.

Editors and Affiliations

  • SELAPO, Universität München, München, Germany

    Klaus F. Zimmermann

  • CEPR, London, UK

    Klaus F. Zimmermann

Bibliographic Information

  • Book Title: Output and Employment Fluctuations

  • Editors: Klaus F. Zimmermann

  • Series Title: Studies in Empirical Economics

  • DOI: https://doi.org/10.1007/978-3-642-57989-9

  • Publisher: Physica Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1994

  • Hardcover ISBN: 978-3-7908-0754-7Published: 06 April 1994

  • Softcover ISBN: 978-3-642-63426-0Published: 02 October 2012

  • eBook ISBN: 978-3-642-57989-9Published: 06 December 2012

  • Series ISSN: 1431-8830

  • Series E-ISSN: 2196-8950

  • Edition Number: 1

  • Number of Pages: VI, 258

  • Topics: Economic Theory/Quantitative Economics/Mathematical Methods, Population Economics

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