1. Refereed Journal // 2004

    Innovation indicators and corporate credit ratings: evidence from German firms

    The literature on the relationship between firm value and knowledge capital is based on stock market valuation. We use a credit rating score as an alternative measure. Innovative firms achieve better ratings,…

  2. Refereed Journal // 2004

    Productivity Effects of Organizational Change: Microeconometric Evidence

    This paper analyzes the relationship between investment in information and communication technologies (ICT), non--ICT--investment, labor productivity and workplace reorganization. Firms are assumed to…

  3. Refereed Journal // 2004

    Poverty Alleviation and the Degree of Centralisation in European Schemes of Social Assistance

    In this paper, the relationship between the degree of centralisation and the distributive outcomes in European schemes of social assistance is investigated. For this purpose, a scheme of classification…