Showing 1 - 10 of 64
Using business survey data on German manufacturing firms, this paper provides tests for hypotheses formulated in capital market imperfection theories that predict distributional effects in the transmission of monetary policy. The business conditions of small firms are found to be somewhat more...
Persistent link: https://www.econbiz.de/10005405801
The idea of an industrial policy that promotes large businesses—heavyweights—as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...
Persistent link: https://www.econbiz.de/10005405979
A positive relationship between firm size and product diversification is a long-standing stylized fact. However, so far there is no appropriate theoretical model to explain the underlying forces of this observation. This paper analyzes an oligopoly model with asymmetric multiproduct frms, which...
Persistent link: https://www.econbiz.de/10005406151
This paper develops a model with multiple market locations in which the quality of intangible assets of firms, provided by management, determines the firms. performance. Despite an ex ante symmetry of potential entrants, the equilibrium assignment of heterogeneous managerial skills to firms...
Persistent link: https://www.econbiz.de/10005416518
The purpose of this paper is to evaluate the efficiency of the East German economy at the firm level using an … efficiency in eastern and western Germany. The results indicate that firms in eastern Germany are significantly less efficient …-level efficiency. …
Persistent link: https://www.econbiz.de/10005181620
This paper analyses technical efficiency of European banks over the period 1996-2003 with unbalanced panel data …
Persistent link: https://www.econbiz.de/10005405964
In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits …
Persistent link: https://www.econbiz.de/10010877797
improves efficiency. However, the same ruling harms cooperative couples and may also reduce welfare in an endogenous taxation …
Persistent link: https://www.econbiz.de/10010948876
whether i) the parents control their fertility or not, ii) they value their children or not. Second, it investigates the … all "relevant" senses identical should be treated identically); it turns out that under endogenous fertility, any winning … policy trivially satisfies horizontal equity, but if fertility is exogenous for some of (or all) the parents, horizontal …
Persistent link: https://www.econbiz.de/10010540255
The aim of this paper is to investigate the effect of Employment Protection Legislation (EPL) on fertility decisions of … positive and sizable effect on fertility decisions of Italian working women. This result is robust to a number of checks …
Persistent link: https://www.econbiz.de/10010547899