Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a matched employer-worker panel data set from Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms. These differences are related to orthodox...

Nach den Ergebnissen des neuesten ifo Investitionstestes bei den deutschen Leasinggesellschaften wuchs das Neugeschäft in der Branche 1999 um 6,3%. Für 2000 ist ein weiteres Plus von 4,5% zu erwarten. Die Leasingquote erhöhte sich dadurch 1999 erneut, und zwar von 14,7% auf 15,1%; im...

Die achte Erhebung des ifo Instituts zur Situation der betrieblichen Altersversorgung ergab, dass in der westdeutschen Industrie der Anteil der Beschäftigten, die mit einer betrieblichen Altersversorgung rechnen können, weiter gesunken ist (von 65% auf 64%). Im westdeutschen Handel stagniert...

Using a data set of historical battles from 1600 to 1973, this paper analyzes the empirical determinants of tactical success in modern war. Based on a reduced form approach we consider key elements of military theory as factors in the production of combat success, formalized in a military...

Die tschechische Wirtschaft und damit auch die Regierungslinie, die seit 1989 unter der Führung des damaligen Finanzministers der CSFR und jetzigen Ministerpräsidenten der tschechischen Republik Vaclav Klaus implementiert und in ihren Grundprinzipien beibehalten wurde, gilt bei internationalen...

H. Theil has made important contributions to the analysis of simultaneous-equations models. This paper gives an exposition of some closely related recent developments in microeconometrics, with a focus on efforts to develop robust methods for dynamic policy evaluation. We set the stage with a...

This paper considers the allocation of labour on the French and British markets, using objective wage and subjective satisfaction data. We show that, in some sectors, workers enjoy both higher wages and higher job satisfaction. We argue that this reflects labour market wage rents. Perhaps...

This paper considers the implications of the permanent/transitory decomposition of shocks for identification of structural models in the general case where the model might contain more than one permanent structural shock. It provides a simple and intuitive generalization of the influential work...

Although it is now widely-accepted that unemployment is associated with sharply lower levels of individual well-being, relatively little is known about how this effect depends on unemployment duration. Data from three large-scale European panels is used to shed light on this issue; these data...

The assumption that the assignment to treatments is ignorable conditional on attributes plays an important role in the applied statistic and econometric evaluation literature. Another term for it is conditional independence assumption. This paper discusses identification when there are more than...