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GDP-Employment Decoupling and the Productivity Puzzle in Germany

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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Date of publication of this fulltext: 27 Apr 2015 11:58

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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:
ValueType
RePEc:bay:rdwiwi:31751RePEc Handle
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
Owner only: item control page

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