Within the framework of Monte Carlo experiments, this paper systematically compares different versions of the simulated z-test (using the GHK simulator) in one and multiperiod multinomial probit models. One…
The Eastern European Associates (EEA) have committed to reduce greenhouse gas emissions according to their targets set in the Kyoto Protocol. Furthermore since 1993 trade liberalization has taken place between…
We examine the impact of technological product advantages, prior international experience of the management, firm size and age, country differences, and sunk costs as determinants of the timing of international…
This paper investigates if significant differences exist between online and paper & pencil participants in a quarterly business survey in the German business-related services sector when respondents may freely…
This paper analyzes the link between the diusion of information- and communication technology (ICT) and both the skill structure and employment expectations of the dierent skill categories. The analysis is…
The employment effects of an ecological tax reform depend decisively on the presence of a profit tax and on the extent to which profits are taxed. This is shown in a model where firms have monopoly power on…
This paper evaluates the appropriateness of the standard methodologies and the quality of the data frequently used to analyse labour market dynamics in Europe. Our results indicate that, due to recall error…
This paper provides empirical evidence on both the magnitude and determinants of unfilled vacancies for information technology workers using cross-sectional data for 4150 German firms. Vacancies are defined…
Residual income valuation is based on the assumption that the clean surplus relation holds. As pointed out by Ohlson (2000), among others, the standard clean surplus relation is frequently violated. …
This paper examines empirically the relationship between innovation and market structure within a simultaneous framework at the industry level of ag-gregation. We use a model in which R&D affects both, demand…
This paper analyses the reallocation of labour during the transition period, which is argued not only to ease the transition from a planned to market orientated economy, but also to be fundamental to the…