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…

This paper considers the effect of different firm leaderships on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their…

This paper analyzes the relationship between investment in information and communication technology (ICT),non –ICT –investment,labor productivity and workplace reorganization. Firms are assumed to reorganize…

Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specification –…

This documentation analyses the structure of educational attainment in France and Germany. While France and Germany share in many respects similar socio-economic structures, they sharply differ with respect to…