We empirically study the use of value-based management systems in listed German firms and examine implications for firms' stock market performance. Using a novel, hand-collected data set covering 1,083 firm years from 2002 to 2008, we find that value-based management systems become increasingly...

Das MOGBOT ist ein ökonometrisches Modell für die Zweige der deutschen Volkswirtschaft nach der Gliederung A*10 der Klassifikation WZ 2008 (ergänzt durch das Verarbeitende Gewerbe, Abschnitt C), die den Daten der Volkswirtschaftlichen Gesamtrechnungen nach der Generalrevision 2011 zugrunde...

In this study of Ghana integrated to the world economy, we focus primarily on Ghana-UK-Germany trade axis partly because of Ghana's relative dependence on the EU for her international trade. The study employs "representative" country macroeconometric models of these economies, using data over...

This study compares different methods of calculating the core inflation rate, the latter being taken as the general price trend, i.e. the persistent component of measured inflation. This price trend is therefore assumed to be free of transitory price movements. This paper focuses on an empirical...