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Using firm-level survey data for the West German manufacturing sector, this paper revisits the technology …-driven business cycle hypothesis for the case of aggregate investment. We construct a survey-based measure of technology shocks to … gauge their contribution to short-run investment fluctuations. We estimate an upper bound for the contribution of technology …
Persistent link: https://www.econbiz.de/10009736762
Persistent link: https://www.econbiz.de/10003612591
start-up subsidy for unemployed individuals in Germany using propensity score matching under the CIA. Having access to rich …
Persistent link: https://www.econbiz.de/10011420781
We exploit Germany’s reunification to identify how school-age education affects entrepreneurial intentions. We look at … university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West …
Persistent link: https://www.econbiz.de/10011346315
Southwest Germany around 1900. Agglomeration effects and earlier firm creations stimulate current firm creation. In addition, a …
Persistent link: https://www.econbiz.de/10011511052
vary in their pattern of new firm location. In East Germany, only 5 percent of the industries reveal start-up localization … patterns beyond what natural advantages would suggest compared to 40 percent in West Germany. -- Entrepreneurship ; location …
Persistent link: https://www.econbiz.de/10003803496
We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We … Germany does not help to improve its fiscal sustainability, and only an increase in the retirement age to 70 years will help …
Persistent link: https://www.econbiz.de/10012249285
Germany or the United Kingdom. The evidence shows that German firms that receive ECF stand a higher chance of obtaining follow …, we find that some of these factors have a differential impact for Germany and the United Kingdom. …
Persistent link: https://www.econbiz.de/10011721567
Are entrepreneurs liquidity constraint? Using quasi-random housing wealth variation resulting from communist era decisions, we argue yes, as we find that wealthier East Germans are more likely to become self-employed after reunification. In the literature, no such strong relationship was found...
Persistent link: https://www.econbiz.de/10012039018
A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter-cyclical pattern is examined by separating business creation into two components: "opportunity" and "necessity" entrepreneurship. Although there is general agreement in the...
Persistent link: https://www.econbiz.de/10011789099