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How low business tax rates attract multinational headquarters: municipality-level evidence from Germany

Becker, Sascha O.; Egger, Peter; Merlo, Valeria - 2009

Most existing empirical evidence on the impact of profit taxation on multinational firm activity is based on cross-country data. One major drawback of such data is that countries differ not only with regard to taxes but along other dimensions which might be hard to capture by means of observable...

Persistent link: https://www.econbiz.de/10010264533

It's all in Marshall: the impact of external economies on regional dynamics

Audretsch, David B.; Falck, Oliver; Heblich, Stephan - 2007

Marshall's student Pigou noted: It's all in Marshall. From a static point of view, this seems rather bold in a constantly changing world. However, this statement becomes more plausible in a dynamic context, where principles are subject to change. Indeed, over time, Marshall's concept of external...

Persistent link: https://www.econbiz.de/10010264206

The apple doesn't fall far from the tree: location of start-ups relative to incumbents

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2008

New firm location decisions, relative to incumbents may be based on a choice between two types of advantages: natural advantages or those that arise from social embeddedness, the latter of which may particularly include knowledge spillovers. We analyze the relative importance of geographically...

Persistent link: https://www.econbiz.de/10010264509

Unemployment benefits as a search subsidy: New evidence on duration and wage effects of unemployment insurance

Gangl, Markus - 2002

Vergleich sind allenfalls die negativen Dauereffekte der Arbeitslosenversicherung in den USA etwas stärker, während in der …

Persistent link: https://www.econbiz.de/10010303934

Welfare state stabilization of employment careers: Unenployement benefits and job histories in the United States and West Germany

Gangl, Markus - 2002

Economic job search theory offers two complementary predictions about the effects of unemployment benefits on job search outcomes among unemployed workers. By raising workers' reservation wages, unemployment benefits should contribute to both prolonged spell duration and improved...

Persistent link: https://www.econbiz.de/10010303959

Differences in US-German time-allocation: Why do Americans work longer hours than Germans?

Schettkat, Ronald - 2002

The conventional view is that Americans work longer hours than Germans and other Europeans but when time in household production is included, overall working time is very similar on both sides of the Atlantic. Americans spend more time on market work but German invest more in household...

Persistent link: https://www.econbiz.de/10010303971

Corporate governance versus economic governance: banks and industrial restructuring in the US and Germany

Vitols, Sigurt - 1995

USA große Industrieunternehmen Anfang der achtziger Jahre ihre auf freiwilliger Basis koordinierten Lohnverhandlungen …

Persistent link: https://www.econbiz.de/10010304107

The origins of bank-based and market-based financial systems: Germany, Japan, and the United States

Vitols, Sigurt - 2001

This paper examines the historical origins of the bank-based financial systems in Germany and Japan and the market-based financial system in the US. It critically examines the "timing of industrialization" (TOI) thesis, i.e. the assertion that variation in the current structure of financial...

Persistent link: https://www.econbiz.de/10010304110

The legal framework for corporate governance: explaining the development of contract law in Germany and the United States

Casper, Steven - 1998

jeweiligen politischen Ökonomie in Deutschland und in den USA führen zu unterschiedlichen Formen der Modernisierung des … innovationsorientierter Produktmarktstrategien.In den USA ist die juristische Kompetenz, gerade auch, was die Klärung juristischer … in den USA verhindert die Schaffung eines allgemein gültigenrechtlichen Rahmens, der wiederum Voraussetzung für eine …

Persistent link: https://www.econbiz.de/10010304120

Inflation versus central bank independence? Banking regulation and financial stability in the US and Germany

Vitols, Sigurt - 1995

Most recent discussion of the relationship between the banking system and macroeconomic performance have focused on the deegree of independence of the central bank as the key variable influencing the choice between inflation and unemployment. This paper argues that the stability of the financial...

Persistent link: https://www.econbiz.de/10010304149