German unification hit the West German economy in a prosperous period and appeared as a huge demand shock at least for the first few quarters. This combination resulted in a major increase of imports from the…
Learning at school and university and also at the work place has become more important in the knowledge-based economy. This paper provides a critical review of recent econometric work on the determinants and…
The paper investigates the determinants and the success of self-employment among former unemployed. Self-employment has become an important re-employment opportunity during the last decade due to increasing…
This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries…