We study the performance of conditional asset pricing models in explaining the German cross-section of stock returns. Our test assets are portfolios sorted by size and book-to-market as in the paper by Fama and…

Empirical work on continuing training in Germany provides surprisingly divergent evidence on the incidence of training. This makes comparison of econometric analyses of the impact of training on labour market…

Leichte Preissteigerungen bei steigendem Transportaufkommen

Die Transportbranche geht vor dem Hintergrund der immer optimistischeren Haltung hinsichtlich der konjunkturellen Entwicklung davon aus, dass die…

Based on new administrative data for Germany covering entrances into job creation schemes between July 2000 and May 2001, we evaluate the effects of this active labour market policy programme on the…