Jahrbücher für Nationalökonomie und Statistik

Open Access Published by De Gruyter Oldenbourg

Volume 239 Issue 4 -

Issue of Jahrbücher für Nationalökonomie und Statistik

Contents
Journal Overview

Publicly Available July 3, 2019

Frontmatter

Page range: i-iv

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Original Articles

May 29, 2019

Macroeconomic Regimes, Technological Shocks and Employment Dynamics

Tommaso Ferraresi, Andrea Roventini, Willi Semmler

Page range: 599-625

Abstract

The debate about the impact of technology on employment has always had a central role in economic theory. At the same time, the nexus of technological progress and employment might depend on macroeconomic regimes. In this work we investigate the interrelations among technology, output and employment in the U.S. economy in growth recessions vs. growth expansions. More precisely, using U.S. data we estimate different threshold vector autoregressions (TVARs) with TFP, hours, and GDP, employing the latter as threshold variable, and assess the generalized impulse responses of GDP and hours as to TFP shocks. For our entire period of observation, 1957Q1–2011Q4, positive technology shocks, while spurring GDP growth, by and large, display a negative effect on hours worked in growth recessions, but they are not significantly different from zero in good times. Yet, since the mid eighties (1984Q1–2011Q4) productivity shocks increase hours worked in low growth periods. The results are mainly driven by the response of labor along the extensive margin (number of employees), and remain persistent so in the face of a battery of robustness checks.

March 19, 2019

Regulating Speculative Housing Markets via Public Housing Construction Programs: Insights from a Heterogeneous Agent Model

Carolin Martin, Frank Westerhoff

Page range: 627-660

Abstract

Since the instability of housing markets may be quite harmful for the real economy, we explore whether public housing construction programs may tame housing market fluctuations. As a workhorse, we use a behavioral stock-flow housing market model in which the complex interplay between speculative and real forces triggers reasonable housing market dynamics. Simulations reveal that plausible and well-intended policy measures may turn out to be a mixed blessing. While public housing construction programs may reduce house prices, they seem to be incapable of bringing house prices much closer towards their fundamental values. In addition, these programs tend to drive out private housing constructions.

March 20, 2019

Unfilled Training Positions in Germany – Regional and Establishment-Specific Determinants

Sandra Dummert, Ute Leber, Barbara Schwengler

Page range: 661-701

Abstract

The current situation in the German apprenticeship market is characterized by two contradictory developments. On the one hand, establishments are experiencing increasing problems filling the training positions they offer, and the number of vacant training positions is climbing. On the other hand, the transition into training is still difficult for many young people, and the number of unsuccessful vocational training applicants is rising. Hence, matching supply with demand is becoming increasingly difficult in the German job market for training positions. Using the Linked Employer-Employee dataset (LIAB) from the Institute for Employment Research (IAB), our paper provides a closer examination of the phenomenon of unfilled training positions. It presents an overview of the evolution of vacant training positions in eastern and western Germany and attempts to explain the number of vacancies by investigating the factors responsible for the establishments’ inability to fill their training positions. We assume that training position vacancies are due not only to internal company reasons such as firm size or the wage offer for apprentices but also to external conditions such as general regional factors. Therefore, our analysis also considers the situation on the demand side of the labor market within a region. The results of our multilevel mixed-effects estimations show that in addition to characteristics on the enterprise level, regional determinants also affect the share of vacant apprenticeships. With respect to establishment-related factors, mainly characteristics that describe the attractiveness of the firm prove to be important. With regard to regional-specific factors, we find that the availability of school leavers in a region in addition to the level of regional-sectoral competition impacts the recruiting success of establishments. Our analysis also shows that there are remarkable differences between eastern and western Germany concerning both the quantitative importance of unfilled training positions and the factors affecting them.

Under Debate

Publicly Available March 20, 2019

Twenty Steps Towards an Adequate Inferential Interpretation of p-Values in Econometrics

Norbert Hirschauer, Sven Grüner, Oliver Mußhoff, Claudia Becker

Page range: 703-721

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Abstract

We suggest twenty immediately actionable steps to reduce widespread inferential errors related to “statistical significance testing.” Our propositions refer to the theoretical preconditions for using p -values. They furthermore include wording guidelines as well as structural and operative advice on how to present results, especially in research based on multiple regression analysis, the working horse of empirical economists. Our propositions aim at fostering the logical consistency of inferential arguments by avoiding false categorical reasoning. They are not aimed at dispensing with p -values or completely replacing frequentist approaches by Bayesian statistics.

Data Observer

Open Access August 23, 2017

The German Management and Organizational Practices (GMOP) Survey

Marie-Christine Laible, Holger Görg

Page range: 723-732

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Publicly Available July 6, 2018

Population Projection for Germany 2015–2050 on Grid Level (RWI-GEO-GRID-POP-Forecast)

Philipp Breidenbach, Matthias Kaeding, Sandra Schaffner

Page range: 733-745

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Publicly Available January 25, 2018

PASS-ADIAB – Linked Survey and Administrative Data for Research on Unemployment and Poverty

Manfred Antoni, Arne Bethmann

Page range: 747-756

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Book Reviews

March 20, 2019

Hommes, Cars LeBaron, Blake: Handbook of Computational Economics, Volume 4, Heterogeneous Agent Modeling

Frank Westerhoff

Page range: 757-760

June 13, 2019

Luis C. Corchón and Marco A. Marini (eds.), Handbook of Game Theory and Industrial Organization, Volume I Theory.

Book review

Ivan Savin

Page range: 761-764

About this journal

The Journal of Economics and Statistics (Jahrbücher für Nationalökonomie und Statistik) is a scientific journal published in Germany since 1863. The journal publishes papers in all fields of economics and applied statistics. A specific focus is on papers combining theory with empirical analyses. Papers providing conclusions for economic policy in Europe are particularly welcome. Nevertheless, distinguished papers dealing exlusively with economic theory, empirical models, or economic history, will not be excluded from consideration.

The editors invite replication studies focusing on the robustness of empirical findings. The section Data Observer presents articles on data sets available for empirical research and institutions providing research data. The journal also publishes special issues, short comments, and book reviews. All freely accessible contributions, including the Data Observer articles, can be found via the website's article search functionality.

Journal of Economics and Statistics now also at Twitter.

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Starting 2023, the Journal of Economics and Statistics will be transferred to Diamond Open Access on a year-by-year basis. All articles will thus immediately appear under the Creative Commons license CC-BY. There will be no publication costs for the authors.
The Open Access transformation is based on Subscribe-to-Open, an alternative model that enables the full Open Access transformation of journals through the continuation of existing subscriptions. The prerequisite for successful transformation is that subscriptions are continued to the same extent as before. The editors of the Journal of Economics and Statistics and the publisher De Gruyter would therefore like to thank all subscribers for their support, which has made the transformation to Open Access possible.

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Call for Papers

Special Issue on "Sports Economics"

Guest Editors: Bernd Frick, Paderborn University; Thomas Peeters, Erasmus University Rotterdam; Rob Simmons, Lancaster University

Timeline: Submission of full papers November 30, 2023

Further details

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Special Issue on "Advancing Agent-Based Economics"

Guest Editors: Michael Neugart, Technical University of Darmstadt) and Frank Westerhoff, University of Bamberg

Timeline: Submission of full papers December 31, 2023

Further details

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Special Issue on "Central Bank Digital Currency"

Guest Editors: Katrin Assenmacher, European Central Bank and Michael Frenkel, WHU

Timeline: Submission of full papers January 08, 2024

Further details

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