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From financial to real economic crisis : evidence from individual firm-bank relationships in Germany

Dwenger, Nadja; Fossen, Frank M.; Simmler, Martin - 2015 - First version: February 14, 2015, This version: September 25, 2015

by using other types of financing. The analysis is based on a unique matched data set for Germany that contains firm …

Persistent link: https://www.econbiz.de/10011346644

The standard portfolio choice problem in Germany

Breunig, Christoph; Huck, Steffen; Schmidt, Tobias; … - 2019

We study an investment experiment with a representative sample of German households. Respondents invest in a safe asset and a risky asset whose return is tied to the German stock market. Experimental investments correlate with beliefs about stock market returns and exhibit desirable external...

Persistent link: https://www.econbiz.de/10012064672

Contact decision and frequency decision : an econometric model of the demand for ambulatory services

Pohlmeier, Winfried; Ulrich, Volker - 1992

The decision to contact a physician and the decision, how often to contact a physician, are based on different decision makers. We introduce a negative binominal distributed hurdle model that specifies the two stages of the decision process as different stochastic processes, and takes also care...

Persistent link: https://www.econbiz.de/10011619412

Labour market transitions and the persistence of unemployment : West Germany 1983-1992

Steiner, Viktor - 1994

Although explanations of the persistence of high unemployment in Germany, in particular long-term unemployment, have …-Economic Panel for West Germany covering the period 1983 to 1992. The focus of the study is on the importance of "negative duration …

Persistent link: https://www.econbiz.de/10011619969

Growing into work : pseudo panel data evidence on labor market entrance in Germany

Inkmann, Joachim; Klotz, Stefan; Pohlmeier, Winfried - 1998

The German apprenticeship training system is generally acknowledged to solve the youth unemployment problem prevalent in many European countries by providing on-the-job training that often leads into subsequent regular employment within the training firms. Little attention has been paid to those...

Persistent link: https://www.econbiz.de/10011620306

Testing for state dependence effects in a dynamic model of male unemployment behaviour

Flaig, Gebhard; Licht, Georg; Steiner, Viktor - 1993

A dynamic random effects probit model is estimated on the first six waves of the German Socio-Economic Panel to test for state dependence effects in male unemployment behaviour. Estimation of the model is based on the marginal likelihood approach. In the model an individual's unemployment...

Persistent link: https://www.econbiz.de/10011622569

Do married women base their labour supply decisions on gross or marginal wages?

König, Heinz; Laisney, François; Lechner, Michael; … - 1993

In the face of complex budget constraints the assumption of rationally acting individuals having complete knowledge of the tax system is a theoretical borderline. The specific issues examined in this study are (i) to what extent do consumers (here married women) perceive their true marginal tax...

Persistent link: https://www.econbiz.de/10011622727

Assimilation, labour market experience, and earnings profiles of temporary and permanent immigrant workers in Germany

Licht, Georg; Steiner, Viktor - 1993

Germany which allows us to control for unobserved population heterogeneity and potential selectivity bias arising from an …-worker system we use information on an immigrant's expected duration of stay in Germany to distinguish between temporary and … of stay. We find that years of schooling in Germany have a strong positive effect on earnings, that earnings …

Persistent link: https://www.econbiz.de/10011622739

Re-migration behaviour and expected duration of stay of guest-workers in Germany

Steiner, Viktor; Velling, Johannes - 1992

We analyze guest-workers' expected duration of stay in Germany within an econometric model taking into account the …

Persistent link: https://www.econbiz.de/10011622817

On the dynamics of process innovative activity : an empirical investigation using panel data

König, Heinz; Laisney, François; Lechner, Michael; … - 1993

This paper addresses three major aspects of firms' process innovative activity: forward- looking behaviour, uncertainty w.r.t. returns of R&D investments, and oligopolistic competition on the product market. Assuming that R&D expenditures are cost-reducing investments, we derive an Euler...

Persistent link: https://www.econbiz.de/10011622865