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social norms. We develop a theoretical frame-work which nests various social custom models. Using micro data for Germany and …
Persistent link: https://www.econbiz.de/10009668119
In the 1990s overtime incidence in Great Britain and West Germany is quite similar, while the average amount of hours … of overtime for full-time male workers with overtime in Great Britain is roughly twice those in Germany for all years. We … time. In Germany, we observe a remarkable decrease in the share of workers who work paid overtime and a significant …
Persistent link: https://www.econbiz.de/10011433960
The interrelationship between financial constraints and firm activity is a hotly debated issue. The way firms cope with financial constraints is fundamental to the analysis of monetary transmission, of financial stability and of growth and development. The CBI Industrial Trends Survey contains...
Persistent link: https://www.econbiz.de/10002681975
trends in unconditional firm level and aggregated output volatility in Germany are similar. There has been a long …
Persistent link: https://www.econbiz.de/10003729690
Persistent link: https://www.econbiz.de/10003651053
This article presents the first nonparametric test whether German works councils go hand-in-hand with higher labour productivity or not. It distinguishes between establishments that are covered by collective bargaining or not. Results from a Kolmogorov-Smirnov test for first-order stochastic...
Persistent link: https://www.econbiz.de/10003741668
Persistent link: https://www.econbiz.de/10001998057
This study presents the first empirical test with German establishment level data of a hypothesis derived by Helpman et al. (2004) in a model that explains the decision of heterogeneous firms to serve foreign markets either through exports of foreign direct investment: only the more productive...
Persistent link: https://www.econbiz.de/10003328399
The coordination channel has been proposed as a means by which foreign exchange market intervention may be effective, in addition to the traditional portfolio balance and signaling channels. If strong and persistent misalignments of the exchange rate are caused by non-fundamental influences,...
Persistent link: https://www.econbiz.de/10003304957
The German Commercial Code ("HGB") allows banks to build visible reserves for general banking risks according to section 340g HGB. These "GBR reserves" may, in addition to their risk provisioning function, be used to enhance capital endowment, for internal financing, signaling or earnings...
Persistent link: https://www.econbiz.de/10003882961