Dieses Papier untersucht, inwieweit Multifaktormodelle nach Fama/French (1993) am deutschen Aktienmarkt die zeitliche Streuung von Renditen abbilden und Portfolio-Renditen im Querschnitt erklären können. …
Using a unique, hand-collected database of all venture- backed firms listed on Germany's Neuer Markt, we analyze the history of venture capital financing of these firms before the IPO and the behavior of…
Ziel dieses Artikels ist es, die wesentlichen bildungspolitischen Erfahrungen der letzten Jahrzehnte in Frankreich darzustellen und im Hinblick auf die bildungspolitische Debatte in Deutschland zu bewerten. …
Despite the apparent stability of the wage bargaining institutions in West Germany, aggregate union membership has been declining dramatically since the early 90's. However, aggregate gross membership numbers…
Knowledge flows within and across countries should be carriers of important learning spillovers. We use data on 1.5 million patents and 4.5 million citations to analyze knowledge flows across 147 subnational…
We study the coagglomeration of domestic plants and foreign multinationals and the impact of this on domestic plant growth using data for Irish manufacturing. To this end we make use of the index developed by…
In the last ten years the space issue, i.e. the study of the role played by space in economic phenomena, has attracted a lot of interest from many economic fields. The combination of increasing returns, market…
This contribution is concerned with the spread of new products in small and medium-sized enterprises in the manufacturing sector. Based on an empirical study it is analyzed according to which factors planned…
This paper analyses the link between educational attainment and unemployment risk in a French-German comparison, based on a discrete time competing risks hazard rate model applied to comparable microdata sets. …
Social assistance and unemployment assistance, which provide means tested income support (social welfare) without pre-specified time limits, are viewed as one important reason for the persistently high level of…
This paper assesses the effects that an introduction of the French family splitting mechanism would have on German families’ labour supply and intra-household consumption behaviour. We use simulated real world…
