1. Refereed Journal // 2011

    Causal Returns to Schooling and Individual Heterogeneity

    In this paper, human capital investments are evaluated by assuming heterogeneous returns to schooling. We use the potential outcome approach to measure the causal effect of human capital investments on…

  2. Refereed Journal // 2011

    Auswirkungen der Wirtschaftskrise auf die Innovationstätigkeit der Unternehmen in Deutschland

    Die schwere Wirtschaftskrise 2008/09 hatte substanzielle Auswirkungen auf die Innovationstätigkeit der deutschen Wirtschaft. Die Umsatz- und Gewinneinbußen führten zu einem kräftigen Rückgang der…

  3. Refereed Journal // 2011

    Separating Wheat and Chaff: Age-specific Staffing Strategies and Innovative Performance at the Firm Level

    Adopting a dynamic perspective, this paper investigates age-related staffing patterns in German establishments and their effect on innovative performance. First, we investigate how establishments achieve the…

  4. Refereed Journal // 2011

    Cost Pass-Through of the EU Emissions Allowances: Examining the European Petroleum Markets

    This paper explores the ability of European refineries to pass-through costs associated with the introduction of the EU Emissions Trading Scheme (EU ETS). A sequence of vector error correction models (VECM)…