With the completion of the Uruguay Round of international trade negotiations, attention turns to plausible next steps. One question on the agenda of possibilities is the adoption of competition policies that…
Many studies of producer behavior consider cost and input demand functions derived from microeconomic theory and estimate them on the basis of aggregate data. If firms' characteristics differs, the neglect…
This paper follows up recent work on the relationship between (un -- )employment and wage effects of social security financing undertaken by the OECD Jobs Study. Based on a simple macroeconometric model of the…
The research reported in this paper seeks to determine how skewed the distribution of profits from technological innovation is -- i.e., whether it conforms most closely to the Paretian, log normal, or some other…
The Value at Risk approach (VaR) is more and more used as a tool for risk measurement. The approach however has shortcomings both from a theoretical and a practical point of view. VaR can be classified within…
Dieser Beitrag quantifiziert die Auswirkungen einer ökologischen Steuerreform nach einem Vorschlag von Bündnis 90/ Die Grünen auf Unternehmen unterschiedlicher Branchen aus einzelwirtschaftlicher Sicht. Dabei…
This paper deals with the conditions of effective transfer of technology from Universities and public research institutions to small and medium-sized enterprises. The theoretical and empirical analyses lead to…
The German population is aging. Since fewer children are born and simultaneously life expectancy rises, demographic changes will lead to a double aging process. The paper analyzes the effects of demographic…
Diese Arbeit vergleicht verschiedene Verfahren zur Nachbildung von Aktienindizes. Eine solche Nachbildung stellt ein wichtiges Problem sowohl im passiven Portfoliomanagement als auch bei der Ausführung von…
During the last years more and more discussions came up about the contribution of technology-oriented and technology-intensive industries for the economic development and employment. The estimates of the…
