Public and Private Enforcement of Competition Law in Europe - Introduction and Overview -- Public Enforcement of Anti-Cartel Laws - Theory and Empirical Evidence -- Leniency Programmes and the Structure of Cartels - Remarks from an Economic Perspective -- The Role of Fines in the Public...

1 Introduction -- 2 Literature Review and Methodological Concerns -- 3 The German Corporations Database (GCD) -- 4 Frequency, Causes, and Consequences of Control Transfers -- 5 Determinants of Acquisition and Failure -- 6 Corporate Governance, Market Discipline, and Productivity Growth -- 7...

Empirical and theoretical evidence on the German service sector is inversely related to its growing overall importance for the entire economy. This monograph offers a comprehensive theory-based econometric treatment of three important and severely understudied issues related to services:...

The book presents an analysis of the transition from unemployment to self-employment and its subsidisation with the so-called "bridging allowance" in Germany. On the basis of econometric models, the determinants and the success of self-employment among former unemployed are estimated at the...

This book explores empirically for West Germany whether a decline in the relative demand for less skilled workers resulted in increased unemployment. Using up-to-date econometric techniques, a balanced mixture between descriptive evidence and structural estimation is provided, and there are...

This book offers a comprehensive empirical analysis of educational inequalities and their consequences on individual labor market outcomes for men and women in France and Germany, two countries with different education systems. Using microdata from the two countries, the analyses mainly rely on...

Information and communication technologies (ICTs) create potentials for considerable productivity gains and for higher economic growth. However, ICTs also pose varied challenges to firms in order to benefit from these potentials. Highlighting the importance of innovations, firm-sponsored...

Corporate valuation using multiples is one of the most popular corporate valuation approaches. In this book, the different steps of this valuation approach such as the selection of comparable companies or the choice of the reference variables are discussed. Then, the circumstances required for a...

This book offers a comprehensive empirical analysis of continuing vocational training in Germany. Specific issues concerning continuing training that are debated in academia as well as in public are discussed. Wage and productivity effects of training are analyzed, explicitly accounting for the...

The process of firms' growth - in terms of productivity or employment - is a major concern of policy makers. In this context, innovations are considered to play a crucial role in stimulating firms' performance. This book investigates this general hypothesis by looking at three topics: 1. Does...