This paper studies whether menu costs are large enough to explain why …rms are soreluctant to change their prices. Without actually estimating menu costs, we can infertheir relevance for …firrms' price setting decisions from observed pricing behavior arounda currency changeover. At a currency...

We analyse the effect of COVID-19 on the Okun's law relationship for several EU countries and the US. Results are based on regressions and a systematic DF-Beta analysis. Our results indicate that the year 2020 is an outlier in the Okun relationship. However, the direction of change is different...

This paper explores whether the experience of a severe recession during early adulthood shapes individuals' prosocial attitudes. The analysis uses survey responses to experimentally validated questions that measure prosocial attitudes for approximately 65,000 respondents in 75 countries. The...

This study investigates the price setting behavior of Turkish industries based on the results of a survey that was conducted by the Central Bank of the Republic of Turkey. The results show that under normal conditions, the majority of the firms follow time-dependent pricing rule but when...

This paper further builds on the price transmission model framework of existing studies to identify domestic wheat price effects of wheat export controls. We explicitly take the fact into account that a harvest failure causes domestic price effects as well. Moreover, the analysis at the regional...

In this paper, we investigate the external effects of the parent's de-cisions on the number of newly born children and the firm's decisions on theamount of polluting emissions that occur in industrial production. We employan optimal control model which comprises three stock variables...

Fossil fuels have shaped the European economy since the industrial revolution. We use new long-run panel data to analyse the effect of both, coal and oil on economic growth between 1900 and 2015, exploiting variation at the level of European NUTS2 and NUTS3 regions. We show that the reversal of...

This article investigates economic performance when enforceable propertyrights are missing and basic needs matter for consumption. It suggests anew view of the so-called voracity eect according to which windfall gains inproductivity induce behavior that leads to lower economic growth. Takinginto...

Der Beitrag ist Prof. Dr. Georg Derlitzki, dem Nestor der Arbeitswissenschaften in der deutschen Landwirtschaft und ab 1948 Professor für Arbeitswissenschaften in Halle (Saale), gewidmet. Auf Grund der Ablehnung der von den Nationalsozialisten verfolgten Politik und ihrer Vorstellungen zur...

Niniejsze opracowanie przyjmuje formę analizy porównawczej i przedstawia wyniki badań opinii ekspertów na temat stanu oraz kierunków rozwoju obszarów wiejskich i rolnictwa w gminach górskich położonych na terenie Karpat Polskich i Alp Niemieckich. Badania wskazują, iż rolnictwo oraz...