Current trends - East Germany disadvantaged over West Germany with respect to unit labor costs – A statistical error?
Udo Ludwig
Wirtschaft im Wandel,
No. 14,
1997
Abstract
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Employment miracle Czech Republic: Low wages and a lot of public administration
Hilmar Schneider, Hubert Gabrisch
Wirtschaft im Wandel,
No. 3,
1997
Abstract
Der Beitrag befasst sich mit der Arbeitsmarktsituation in Tschechien und den Ursachen für das bis 1995 im Vergleich zu Ostdeutschland auffallend gute Abschneiden hinsichtlich der Erwerbstätigenquote.
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Wage arrears and labor cost advantages in East Germany
Jürgen Kolb
Wirtschaft im Wandel,
No. 7,
1995
Abstract
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Phonebanking
Jan Bouckaert, Hans Degryse
European Economic Review,
No. 2,
1995
Abstract
In a two-stage game, we study under what conditions banks offer phonebanking (first stage). In the second stage, they are competitors in the market for deposits. Offering the phone option creates two opposing effects. The first is a demand effect as depositors strictly prefer to manage some of their financial transactions by phone. The second (strategic) effect is that competition is increased as transaction costs are lowered. Universal phonebanking prevails when the demand effect dominates the strategic effect. Specialization can occur in that one bank offers the phone option while the other does not.
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