Do financial market analysts use structural economic models when forecasting exchange rates? This is the leading question analyzed in this paper. In contrast to other studies expectations are used instead of…
The paper deals with the question which determinants can explain regional differences in the number of start-ups in Austrian and Western German districts when observing the business related service sector. We…
Ownership structures are an important element of the theory explaining corporate governance. This study presents detailed descriptive evidence on the …
This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries…
