We analyze the economic factors which have contributed to the dramatic decline of the employment share of unskilled labor in German manufacturing, in particular the role played by the relatively rigid earnings…
This paper deals with flows of technology and information among people and institutions and the role of public support given by different sponsors (the federal government, the Länder and the European Union).…
In this paper the outlier robustGMM panel data estimator recently proposed byLucas, van Dijk, and Kloek (1994) is applied to anEuler equation model of firm investment behaviourwith imperfectly competitive…