This study analyses relative sectoral specialisation of EU regions on the basis of investment and employment patterns. Controlling for heteroscedasticity and potential endogeneity in the econometric analysis, we…
This paper adopts a spatial econometric perspective to analyse regional convergence of per capita income in Europe in 1995 to 2000 and, moreover, relaxes the assumption of a single steady-state growth path which…
This paper evaluates the effects of Public Sponsored Training in East Germany in the context of reiterated treatments. Selection bias based on observed characteristics is corrected for by applying kernel…
Implementation of an EU-wide emissions trading system by means of National Allocation Plans is at the core of European environmental policy agenda. Member States are faced with the problem of allocating their…
Countries are often slow to adjust their economic structures to new necessities although this reform reluctance is costly in terms of growth and employment. This paper analyses the relevant factors that block or…
Im vorliegenden Papier wird ein konzeptioneller Ansatz zur ökono-metrischen Analyse der Kostensituation der bundesdeutschen Hoch-schulausbildung vorgestellt und in einer ersten Anwendung auf die…
With the establishment of the Bundesanstalt für Finanzdienstleistungsaufsicht(BaFin) in May 2002 Germany followed the trend towards integrated financial supervision. The main reason for unification of…
In this paper, human capital investments are evaluated by assuming heterogeneous returns to education. We use the potential outcome approach to measure the causal effect of human capital investments on earnings…
The present analysis investigates skill requirements in the workplace, measured directly by the task-composition of occupations. It shows that the task composition of occupations has shifted toward analytical…
This paper sets out to analyze the influence of different types of venture capitalists on the performance of their portfolio firms around and after IPO. We investigate the hypothesis that different governance…
Worker remittances constitute an increasingly important mechanism for the transfer of resources from developed to developing countries, and remittances are the second-largest source, behind foreign direct…
Based on a unique firm level data set of the German manufacturing sector, this paper provides new empirical evidence regarding the determinants of different types of environmental technological innovations. We…
