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Persistent link: https://www.econbiz.de/10003527600
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011405097
In this paper, substitutional relationships between capital, labour, material, electricity, and fossil fuels in German … the Morishima elasticity of substitution, labour and capital are substitutes in all sectors. Labour is generally a …
Persistent link: https://www.econbiz.de/10013428329
Persistent link: https://www.econbiz.de/10012795304
.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm …
Persistent link: https://www.econbiz.de/10012239797
In this paper, four commonly provided explanations for the shift in labour demand for different skill groups are … investigated: the substitutability of inputs; the own-price sensitivity for different types of labour; the effect of economic … growth and the impact of technological change. In general, the shift of demand away from unskilled labour can be explained by …
Persistent link: https://www.econbiz.de/10011622045
This paper analyzes the determinants, work-time and income effects of continuous vocational training in West-Germany on …
Persistent link: https://www.econbiz.de/10011620720
Persistent link: https://www.econbiz.de/10013428055
This paper deals with flows of technology and information among people and institutions and the role of public support given by different sponsors (the federal government, the Länder and the European Union). Recent theory stresses the importance of the interactions and linkages among acteurs...
Persistent link: https://www.econbiz.de/10013428097
Persistent link: https://www.econbiz.de/10013428098