capital returns using a performance measure and by using tests for mean-variance spanning. A risk-return trade-off is revealed …

Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk …

, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it …This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of … household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First …

share of assets and housing value accumulated in the home country are larger for immigrants who consider their migration as …

question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of … convergence with regard to individuals' trust and risk, as well as perceived fairness and cooperativeness. Our hypotheses are …. In comparison to West Germans, they are also less inclined to see others as fair or helpful. Implied trajectories can be …

comparable enterprise level data from France, Germany, and the United Kingdom. Exporters are more productive and pay higher wages … significantly smaller in Germany, significantly larger in France, and does not differ significantly in the UK. The results for wages …

it all", but women must still choose between career and family in Germany. We argue that interventions need to address …

manufacturing enterprises in Germany, one of the leading actors in the world market for goods. We show that the premium decreases …

This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the …