Klinger, Sabine and Weber, Enzo (2015) GDP-Employment Decoupling and the Productivity Puzzle in Germany. Regensburger Diskussionsbeiträge zur Wirtschaftswissenschaft 485, Working Paper, Regensburg.
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Abstract
This paper investigates the productivity puzzle in Germany. We focus on the time-varying relationship between German output and employment growth, in particular their decoupling in recent years. We estimate a correlated unobserved components model that allows for both persistent and cyclical time variation in the employment impact of GDP as well as an autonomous employment component capturing ...
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| Item type: | Monograph (Working Paper) | ||||
|---|---|---|---|---|---|
| Series of the University of Regensburg: | Regensburger Diskussionsbeiträge zur Wirtschaftswissenschaft | ||||
| Date: | April 2015 | ||||
| Institutions: | Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie | ||||
| Identification Number: |
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| Keywords: | decoupling, productivity puzzle, unobserved components, time-varying coefficient, Verdoorn´s law | ||||
| Dewey Decimal Classification: | 300 Social sciences > 330 Economics | ||||
| Status: | Published | ||||
| Refereed: | No, this document will not be refereed | ||||
| Created at the University of Regensburg: | Partially | ||||
| Item ID: | 31751 |
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