Drawing on a large-scale German Linked Employer- Employee data set, this paper studies the extent to which employers insure workers against firm-level shocks. Particular emphasis is given to the question of…

• Der Absturz in Deutschland ist gestoppt
• Die voraussichtliche Lage in der EWU
• Ergebnisse der Augustumfrage 2009
• Unternehmen des Wirtschaftszweigs vorsichtig optimistisch
• Langfristige Diversifikationseffekte an den…

This article summarizes the results of the evaluation of the Experimentation Clause in § 6c SGB II. In particular, it compares the success of consortia and municipal authorities to activate welfare recipients.

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• Der Optimismus kehrt zurück
• EZB: Vorerst unveränderte Zinsen erwartet
• USA: Experten blicken wieder optimistischer in die Zukunft
• Japan: Die Konjunkturerwartungen für Japan steigen wieder
• Großbritannien: Experten…

Main Results of the Survey:

• Economic Downturn Impedes Emission Assessment but Spurs Trading Activities of German Firms.
• Only a Small Minority of Companies Seems To Be Trading on a More Regular Basis.
• Firms Were…

A sizeable literature reports that financial market analysts and forecasters herd for reputational reasons (See e.g. Devenow and Welch (1996) and Hirshleifer and Teoh (2003) for surveys). As an example, Lamont…