This paper analyzes the link between structural change, growth and bazaar effects in the context of open economies. At first we consider the theoretical basis of structural change and discuss the interdependencies between trade, foreign direct investment and innovation dynamics. The empirical...

This paper provides primary evidence of whether certification via reputable underwriters is beneficial to investors in the corporate bond market. We focus on the high-yield bond market, in which certification of issuer quality is most valuable to investors owing to low liquidity and issuing...

Out-of-Stock along the Supply Chain is a frequent phenomenon with significant effects on sales and total profit in retail industry. Therefore, in this context, decision support information to identify the duration and extent of this Out-of-Stocks as well as about possible structures inside...

Analyzing prices of truly homogenous consumer goods sold in Euroland, we find significant price convergence after the Euro cash changeover in 2002. The deviation of national log prices from the mean log price of the same product is much narrower with the Euro than before. We observe Sigma and...

Previous literature stressed on the gender differences in job satisfaction and the factors influencing the job satisfaction of men and women. Two rationales are usually provided for the finding that women tend to be relatively more satisfied with their jobs than men although disadvantaged in...

For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI but that this effect is also specific to target...

Activity-oriented, activating methods and media that allow an output-oriented learning provide additional options to exploit learning and teaching potentials. This pragmatic course concept addresses to mathematic lectures and aims to promote capabilities of speech and expression, intuition and a...

From a microeconomic perspective competition between firms has been duely discussed. Extending microeconomic concepts to a macroeconomic level and considering competition between countries becomes more complex. The complexity issues is tackled in this study by extending a methodology developed...

The package provides the generic function fxInteractive() to facilitate the interpretation of various kinds of regression models. It allows to observe the effects of variations of metric covariates in an interactive manner by means of termplots for different model classes. Currently linear...

Production simulations can provide a valuable contribution in assessing the complex implica-tions of changes in production planning for downstream company sectors. By means of a case study of a medium-sized manufacturing company it is demonstrated how such a simulation study can be conducted in...