We focus on a quantitative assessment of rigid labor markets in an environment of stable monetary policy. We ask how wages and labor market shocks feed into the inflation process and derive monetary policy implications. Towards that aim, we structurally model matching frictions and rigid wages...

1 Einleitung -- 1.1 Entwicklungen im Umfeld von Anbietern einer Anlageberatung -- 1.2 Problemstellung der Arbeit -- 1.3 Ziel der Arbeit -- 1.4 Aufbau der Arbeit -- 2 Anlageberatung und Rendite aus institutionenökonomischer Sicht -- 2.1 „Konstitutive“ Elemente von Dienstleistungen -- 2.2...

Alexander Wulf betrachtet in diesem Buch mit Hilfe ökonomischer Methoden die Bedeutung des Wirtschaftsrechts für die volkswirtschaftliche Entwicklung und das Wirtschaftsleben. Um die historische und gegenwärtige Entwicklung des öffentlichen Wirtschaftsrechts, des Wirtschaftsprivatrechts und...

This contributed volume explores and reveals the dynamics, strengths and weaknesses, trends and implications of entrepreneurship in the Middle East and North Africa (MENA) region. Presenting papers by respected experts in the field, it shares essential insights on the status quo of...

Transition economies, such as the countries in Southeast Europe, face an expeditious institutional transition from a centrally planned to a market economy. The state withdraws from its monitoring function, which results in institutional voids that affect the economy in general and small and...

Conceptual aspects of voluntary sustainability initiatives in the context of proactive sustainability strategies for supply chains -- Theoretical aspects of designing voluntary sustainability initiatives for supply chains -- Initial framework: a resource-based view of institutional...

Recently, building on the highly polarizing Stiglitz report, a growing literature suggests that statistical offices and applied researchers explore other aspects of human welfare apart from material well-being, such as job security, crime, health, environmental factors and subjective...

Using a linked employer-employee data set of the German manufacturing sector, this paper analyses the role of exporting establishments in explaining rising wage dispersion. Over the period of analysis (1996-2007), the raw wage differential between exporters and domestic establishments increased...

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...