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In our days, German machine tool makers accuse their Chinese competitors of violating patent rights and illegally imitating German technology. A century ago, however, German machine tool makers used exactly the same methods to imitate American technology. To understand the dynamics of this...
Persistent link: https://www.econbiz.de/10003905523
This paper reviews the German miners’ model of mutual insurance from its introduction in 1854 to its basic reformation … and permanent invalidity or death of the bread-winner. The carriers of the insurance scheme, the Knappschaften, date back …-age insurance. This paper aims to establish the Knappschaft insurance’s main characteristics in the period under consideration …
Persistent link: https://www.econbiz.de/10003966587
23 Stock Exchanges were in operation in Germany in 1913. We provide new data about the number of listed firms, their market value, and the number of IPOs between 1897 and 1913 for all exchanges. We assess reasons why a firm opts to be listed at a certain exchange. Large firms tend to be listed...
Persistent link: https://www.econbiz.de/10010370365
This paper analyses the connection between legal origins and generalized trust. Based on recent results of institutions and trust research it argues that legal origins and trust are connected via the beliefs of agents. Next, it develops hypotheses about a complex and self-reinforcing causal...
Persistent link: https://www.econbiz.de/10009563444
German stock market. -- Financial History ; Universal Banks ; IPOs …
Persistent link: https://www.econbiz.de/10009630681